Ørsted Announces Executive Changes For Wind Business

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Ørsted, formerly DONG Energy, has announced that Samuel Leupold, CEO of wind power at Ørsted and executive vice president and member of the Ørsted executive committee, is resigning from the company.

Martin Neubert, senior vice president of Ørsted Wind Power, has been appointed new CEO of Ørsted Wind Power and executive vice president and member of the Ørsted executive committee (effective Feb. 1). Leupold will leave Ørsted on Feb. 28.

According to the company, Leupold has decided to take a break and spend more time with his family after having commuted between his home in Switzerland and Ørsted’s offices in Copenhagen and London for the past couple of years.

Henrik Poulsen, Ørsted’s CEO and president, says, “It’s been a true pleasure having Samuel on the top team of Ørsted in the past five years. His relentless drive, sense of duty, strategic thinking and professionalism have been vital to the development of Ørsted’s wind power business from a relatively new and immature business to a fully scaled and industrialized global leader in its field. He’ll be missed, but I fully understand and respect his decision and wish him the very best with his future endeavours.”

In recent years, Neubert has been spearheading the strategic development of wind power, including regulatory affairs. He has also served as country chairman in Germany, the Netherlands, the U.S. and Taiwan.

Neubert joined Ørsted in 2008 and has served as head of group mergers and acquisitions (M&A), head of partnerships and M&A, and head of commercial transactions and market development. Prior to joining Ørsted, he worked with Bain Capital, EY and Arthur Andersen.

In addition, to better reflect the growing importance of the wind power business at Ørsted, Anders Lindberg, senior vice president of wind power engineering, procurement and construction, and Ole Kjems Sørensen, senior vice president of wind power partnerships, M&A and asset management, have been appointed executive vice presidents and will join Ørsted’s executive committee, effective Feb. 1. They will continue their current responsibilities and report to Neubert.

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