Vestas announces that Anders Runevad is stepping down as Group Chief Executive Officer and President of the company on 01 August 2019, and will be replaced by Henrik Andersen, currently Group CEO of Hempel A/S and member of Vestas' Board of Directors. The appointment follows Vestas' long- term succession planning, which will see Anders Runevad staying involved until mid-2020 as advisor to Vestas, including Vestas Chairman, Bert Nordberg, and the incoming CEO. During the same period, Anders Runevad will also remain Chairman of MHI Vestas Offshore Wind.

Having joined Vestas' Board in 2013, Henrik Andersen has vast knowledge of Vestas' business and brings extensive experience from management roles in global companies over the last 20 years. With the appointment of Henrik Andersen as Anders Runevad's successor, Vestas aims to continue and to evolve its Profitable Growth Strategy and long-term vision, which Henrik has been heavily involved in as a board member for the last six years.