Orsted’s board of directors has recommended Lene Skole as its new chair and Andrew Brown as the new deputy chair of the board of directors.
On 7 February 2024, Orsted announced that current board chair Thomas Thune Andersen would not to seek re-election at the annual general meeting on 5 March 2024.
Andersen has served as chair of Orsted A/S for ten years, and in anticipation of a forthcoming chair succession, the company’s nomination & remuneration committee has been evaluating the best chair succession scenarios for Orsted, including evaluating internal and external candidates for the position.
The board of directors concluded that the best candidates for the positions as new chair and deputy chair would be Lene Skole and Andrew Brown, respectively.
Skole has served as deputy chair of Orsted A/S since 2015 and is currently chief executive of Lundbeckfonden and a highly experienced non-executive director.
Andrew Brown has spent his entire career within the energy industry and was most recently chief executive of Portuguese energy company Galp SA.
He joined the Orsted board of directors in 2023 and is currently also acting as interim chief operating officer, a role he will step down from in late March 2024.
Following the conclusion by the board of directors, Lene Skole engaged in a process to confirm her availability to take on the position as chair, and this has now been confirmed.
Annica Bresky, Julia King, Peter Korsholm, and Dieter Wemmer are to be re-elected as board members at the upcoming annual general meeting.
Andersen said: “I’ve worked closely with Lene over many years, and as I step down, I’m very happy that the evaluation of candidates has confirmed that Lene is best suited to take over as chair and take the recently announced business plan forward together with the rest of the board and the group executive team.”
The information provided in this announcement does not impact Orsted’s previous financial guidance for the financial year of 2024.