News release from Vestas Wind Systems A/S
Aarhus, 12 May 2020
Driven by the position of renewables as the cheapest source of electricity in two-thirds of the world, the energy transition is, despite short-term uncertainty from the COVID-19 pandemic, in a new phase where higher penetration of renewables, accelerated electrification and new markets are creating novel and increasing demands for Vestas' technology, manufacturing and solutions.

To lead Vestas' technology development throughout this new phase, we are excited to announce Anders Nielsen will become Executive Vice President of Vestas Power Solutions (Chief Technology Officer), taking over from Anders Vedel who will continue in a role as Chief Scientific Advisor. At the same time, we are also excited to announce that Tommy Rahbek Nielsen, who has served as interim Executive Vice President of Manufacturing and Global Procurement (Chief Operating Officer) since 1 January 2020, will become the permanent COO of Vestas. Both appointments are effective as of today, 12 May 2020.

President and CEO of Vestas, Henrik Andersen, said "On behalf of all of Vestas, I'm delighted to welcome Anders Nielsen as our new CTO and confirm Tommy Rahbek Nielsen as our COO. Vestas will continue to push the industry to higher levels with Anders and Tommy, and I'm confident the two functions will work closely to leverage our industry-leading technology investments and unparalleled scale to a level that surpasses past performance. I'm also pleased we now have an Executive Management Team with the profile and experience to lead Vestas and the industry through the next exciting phase of the energy transition and restart of the global economy."

Anders Nielsen brings more than 30 years of industrial experience from the automotive industry, including executive roles at Scania, Man Truck & Bus AG and Volkswagen Truck & Bus. Most recently Mr. Nielsen served as CTO of Traton Group, a subsidiary of the Volkswagen Group, and has a proven track record within innovation, modularisation, and technology partnerships and collaboration.

Vestas' incoming CTO, Anders Nielsen, said "With renewables being cost-competitive and a source of stability during the COVID-19 pandemic, it is a truly exciting time to join the energy industry and I'm honoured to be accepting the opportunity Vestas has given me. I look forward to working closely with our thousands of highly-skilled engineers to accelerate modularisation and develop the sustainable energy solutions that will accelerate the global energy transition."

Together with developing and delivering a broader scope and a larger volume of sustainable energy solutions, a key priority for both Vestas Power Solutions and Manufacturing & Global Procurement is implementing and accelerating modularisation and modular product development across Vestas' entire value chain.

"From 2017 to 2019 Vestas' deliveries have increased by almost 50 percent and I'm honoured to be handed a leading role in efficiently scaling the company further in the current extraordinary circumstances. Modularisation offers a great opportunity to scale efficiently, and I look forward to collaborating with my many Vestas colleagues and our great external partners to fulfil the potential of modularisation," said Tommy Rahbek Nielsen, Executive Vice President of Manufacturing and Global Procurement.

As Chief Scientific Advisor, Anders Vedel will report to Henrik Andersen, but hand over his seat in Vestas' Executive Management to Anders Nielsen. In his new role, Anders Vedel serves as executive advisor to Henrik Andersen as well the boards of both Vestas and MHI Vestas Offshore, providing his unique experience within technology, science and renewables.  

On handing over the reins to the new CTO, Anders Vedel, said "It has been a great honour to be Vestas' CTO for almost ten years, and I would like to thank my many colleagues for their hard work, expertise and passion. These qualities have been the foundation of the great success we have achieved together. When I started in Vestas, very few people believed a wind turbine rotor would become much larger than 80 meters, or that wind energy could be cost-competitive, but together we have proven the doubters wrong and established wind energy as a leading energy source. I'm pleased Vestas has found such a strong successor in Anders Nielsen and I look very much forward to continuing in my role as Chief Scientific Advisor."  Speaking on Anders Vedel's new role, Henrik Andersen said "For the last 25 years, Anders Vedel has with his passion and expertise helped Vestas pioneer wind energy solutions, spearheading numerous large technological breakthroughs and incremental innovations. The technological progress under Anders' rein as CTO is astonishing, and Vestas wishes to thank him for his contribution. In Executive Management we are furthermore very pleased to keep a thought leader and friend like Anders Vedel onboard as an executive advisor and a go-to person for many of us".
For more information, please contact:
Anders Riis
Head of Communications, Vestas
Tel: +45 4181 3922
Mail: ANPRR@vestas.com
About Vestas
Vestas is the energy industry's global partner on sustainable energy solutions. We design, manufacture, install, and service wind turbines across the globe, and with more than 115 GW of wind turbines in 81 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 98 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas' more than 25,500 employees are bringing the world sustainable energy solutions to power a bright future.
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Mr Anders Nielsen

Born:               1962
 Nationality:     Swedish
Resident:        Sweden
Position:         Executive Vice President & Chief Technology Officer, Vestas Wind Systems A/S (2020-)
Competencies
Education
1983-1987      Industrial Economy at the Linköping Institute of Technology
Former positions
2016-2019      Chief Technology Officer, Traton Group (DE)
2015-2016      Head of Business Development & member of the Executive Board, Volkswagen Truck & Bus (DE)
2012-2015      Group CEO, MAN Truck and Bus AG (DE)
2010-2012      EVP of Global Operations, Scania (SE)
2006-2010      SVP of Chassis and Cab Production, Scania (SE)
2002-2005      Regional Chief Technology Officer & Head of Production in Brazil, Argentina and Mexico, Scania (BR)
1987-2002      Various positions, Scania (SE)
Mr Tommy Rahbek Nielsen
Born:               1970
Nationality:     Danish
Resident:        Denmark
Position:         Executive Vice President & Chief Operating Officer, Vestas Wind Systems A/S (2020-)
Competencies
Education
2008-2009      Executive development and Leadership program at IMD
1999-2003      Diploma Finance and Business Administration, Aarhus University
Former positions
2016-2019      Senior Vice President, Assembly, Generators & Towers, Vestas Wind Systems A/S (DK)
2012-2015      Group Senior Vice President, Supply Chain Planning, Vestas Wind Systems A/S (DK)
2009-2011      Senior Vice President, Group Forecasting & Planning, Vestas Wind Systems A/S (DK)
2008-2009      Vice President and Managing Director Vestas Wind Systems China Ltd (CN)
2006-2007      Vice President, Global Capacity Planning, Vestas Wind Systems A/S (DK)
2004-2006      Chief Financial Officer, Vestas Central Europ (DE)
1997-2003      Finance Manager, Vestas Wind Systems A/S (DK)
1994-1996      Finance Manager, HS Kedler - Tarm A/S (DK)
1988-1994      Various positions, HS Kedler - Tarm A/S (DK)
Mr Anders Vedel
Born:               1957
Nationality:     Danish
Resident:        Denmark
Position:         Chief Scientific Advisor, Vestas Wind Systems A/S (2020-)
Competencies
Education
2008                Business Program at IMD (International Institute for Management Development) (CH)
2002                Scandinavian International Management Institute (DK)
1991-1995      Mechanical Engineer, Ingeniørhøjskolen Horsens (DK)
Former positions
2012-2020      Executive Vice President & CTO, Vestas Wind Systems A/S (DK)
2007-2012      Senior Vice President, Technology R&D, Operations, Vestas Wind Systems A/S (DK)
2006-2007      Vice President of CIM, Vestas Technology R&D (DK)
2005-2006      Vice President of Project Management (Operations), Vestas-Americas Wind Technology Inc. (USA)
2004-2005      Vice President of Service Northern Europe, Vestas Northern Europe (DK)
2003-2004      Vice President of Service, Vestas International Wind Technology A/S (DK)
2000-2002      Technical Director, Italian Wind Technology S.r.l. (IT)
1995-2000      Various positions, Vestas Wind Systems A/S (DK)

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