Orsted is to consolidate its customer solutions and bioenergy businesses into a single, new markets and bioenergy unit.
The decision has been taken following strategic decisions that reduce the two existing business units in size.
These include the planned divestment of the Danish power distribution, retail customer business and oil and gas infrastructure assets as well as activities that have been discontinued or transferred to other parts of the company.
Morten Buchgreitz has been appointed the executive vice president of Markets & Bioenergy.
In connection with these changes, Thomas Dalsgaard, executive vice president of bioenergy, will leave Orsted.
Dalsgaard has led a successful transformation of Orsted’s Danish heat and power generation activities, including an extensive green transition from coal and gas to sustainable biomass at the company’s large combined heat and power plants in Denmark.
He has also contributed to the development of Orsted’s first activities in the fields of energy storage and solar.
Dalsgaard said: “It’s been a fantastic journey with Orsted over the past 10 years where we’ve transformed the company from a traditional coal, oil and gas company to a global leader in green energy.
“I’ve completed my part of the mission and now feel that it’s time to try something new.”
Orsted chief executive Henrik Poulsen said: “Thomas has had a significant and successful impact on our Danish business while also launching new growth initiatives.
“It’s been a pleasure to have him on the team. I wish him all the best in the future.”