Vestas has appointed Jakob Wegge-Larsen (pictured) as chief financial officer (CFO) and member of executive management.
He is expected to take up the position as CFO during the second quarter of 2025.
Wegge-Larsen joins Vestas from DB Schenker where he currently serves as CFO and member of the Management Board.
He succeeds Hans Martin Smith who left Vestas in December 2024 to pursue new challenges after more than 20 years at Vestas.
Rasmus Gram will continue as interim CFO until Wegge-Larsen starts and conduct a thorough handover as part of Jakob’s induction.
Vestas president and chief executive officer Henrik Andersen said: “I am thrilled that Jakob Wegge-Larsen will join Vestas as our next CFO following a rigorous process.
“Jakob will spearhead our finance organisation as we aim to achieve our long-term target of double-digit profitability and I am confident his extensive experience from several large, global companies will be instrumental for our continued progress.
“I would also like to thank Rasmus Gram on behalf of the board and the executive management team for the great job he is doing as interim CFO.”
Wegge-Larsen added: “I am truly excited to join Vestas at a point where the world needs energy more than ever, and collaborate with the executive management team and my other 30,000 new colleagues to ensure Vestas plays a key role in meeting the world’s energy needs.
“Having spent more than 20 years within logistics and shipping, I look forward to using my experience from global businesses to help Vestas continue its upwards trajectory. I would like to thank Henrik and the Board for their confidence as I’m about to begin this new, exciting chapter.”