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Wednesday, January 29, 2025

Ørsted Completes Exec Staff Overhaul


Ørsted’s Group Government Staff will see Trond Westlie and Patrick Harnett becoming a member of on 1 April following Ørsted’s Board of Administrators appointing Westlie as the following Group Chief Monetary Officer (CFO) and member of the Government Board, and Harnett because the Chief Operational Officer (COO) on 27 February.

The appointments observe a call from November final 12 months when the developer introduced its now-former CFO and COO have been leaving the corporate with rapid impact because of “a difficult and risky enterprise atmosphere” within the business. Ørsted stated it anticipated to call a brand new CFO and a brand new COO as quickly as doable in 2024.

Rasmus Errboe, who has acted as interim CFO since then, will return to his place as CEO of Area Europe by the top of March and Andy Brown, who has acted as interim COO, will step down by the top of March. The Board of Administrators has advisable that Andy Brown be elected as Deputy Chair of the Board of Administrators at Ørsted’s annual common assembly on 5 March 2024.

Mads Nipper, Group President and CEO of Ørsted, stated: “I’d like to increase my honest appreciation and gratitude for the immense work each Rasmus and Andy have achieved of their interim intervals. Underneath their sturdy management, we’ve progressed considerably in each the institution of our new marketing strategy and in growing our new mission working mannequin.”

Ørsted’s new CFO Trond Westlie has served as Group CFO at A.P. Moller-Maersk, VEON, Telenor, and Aker Kvaerner, and is at the moment Chair of the board at Arendals Fossekompani, a Norwegian funding firm targeted on the next-generation applied sciences throughout the power transition, and board member at Wilhelmsen group, a Norwegian multinational maritime firm.

Patrick Harnett is becoming a member of the chief group as the brand new COO from inside Ørsted the place he’s at the moment Head of European Execution Programmes and is in command of mission improvement and building of the two.9 GW Hornsea 3 offshore wind farm within the UK.

Harnett joined Ørsted in 2016 as Senior Venture Director and have become Senior Programme Director for Hornsea 2 in 2020. Earlier than becoming a member of Ørsted, he held positions inside tasks and operations on the power firms Centrica and EDF Power.

Thomas Thune Andersen, Chair of the Board of Administrators of Ørsted A/S, says: “On behalf of the Board, I’m more than happy to announce Trond Westlie as our subsequent Group CFO and Patrick Harnett as our subsequent COO. They’ll deliver sturdy worldwide monetary expertise and execution expertise to the Group Government Staff and help the profitable implementation of the technique plan we introduced on 7 February 2024.”

“I’m completely satisfied to hitch a really succesful firm with an necessary objective, and I look ahead to working with the group to efficiently execute the newly launched plan and additional strengthen Ørsted’s monetary place,” stated Trond Westlie.

Patrick Harnett stated: “I’m very grateful for the belief the Board and CEO have prolonged to me, and I look ahead to persevering with the implementation of our new mission working mannequin, which is able to guarantee stronger threat administration, contingency planning, and governance when executing tasks.”


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