Grundfos seeks new CEO as Nipper resigns

DENMARK: Pump manufacturer Grundfos is looking for a new CEO after Mads Nipper resigned to join Danish sustainable energy company Ørsted.

Nipper has been CEO for the past six years.

The Grundfos board, led by Jens Moberg, has already embarked upon the search for his replacement. “The board have on an ongoing basis been working on succession planning for our executive positions so we have a solid platform for the very important task that I and the Grundfos board now have – finding the right successor to Mads as CEO,” he said.