Marianne Wiinholt Decided to Step down as CFO of Orsted

Source: www.gulfoilandgas.com 12/23/2021, Location: Europe

Having served as Orsted’s CFO for the past 8 years, Marianne Wiinholt has today decided to step down as CFO of Orsted to accept a position outside the energy industry. She will continue in the role until 30 June 2022 at the latest. The Board of Directors has initiated the process of identifying the next CFO of Orsted.

Marianne Wiinholt says:
“I have been part of Orsted’s amazing journey over the past 17 years, for the past 8 years as CFO. Together with the entire Orsted team, we have transformed Orsted from one of the most fossil fuel intensive energy companies in Europe to a global leader in renewable energy, creating significant value for all our stakeholders and driving a world-leading sustainability agenda. I have concluded that it’s the right time for me to step down as CFO of Orsted. I would like to thank the Board of Directors, Mads and my colleagues in the Executive Committee, and the entire Orsted team for an exceptional collaboration in realizing the profound results that we have achieved together. “

Mads Nipper, CEO of Orsted, says:
“I am truly sad to see Marianne leave. For more than a decade, she has played an instrumental role in the very successful transformation of Orsted. While Marianne will be sorely missed, she leaves Orsted in great shape for our future journey and with a very strong Finance and IT organization. This also gives us a strong pool of internal potential successors for the CFO position. I wish Marianne all the best in the future.”

The information in this announcement does not change Orsted’s financial guidance for the financial year 2021 nor the announced expected investment level for 2021.


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