Anders Runevad - Vestas Wind CEO and Group Pres

Mr. Anders Runevad no longer serves as Group President and Chief Executive Officer of Vestas Wind Systems AS effective as of August 1, 2019. He has held the position since September 1, 2013. He has experience from the telecom industry, having worked businesstobusiness, with complex infrastructure projects in an international environment. He is Member of the General Council of the Confederation of Danish Industries and the Industrial Policy Committee of the Confederation of Danish Industries. He also serves as Chairman of the Board of MHI Vestas Offshore Wind AS and Member of the Board of Nilfisk Holding AS and Schneider Electric. He joined from Swedish Ericsson, where he was President of Region West Central Europe, and a Member of the Ericsson Global executive team . He joined Ericsson in 1985 and held various positions in Ericsson Group, was Product Manager, EricssonGeneral Electric USA Product Manager Director Product Management, Ericsson Group President, Ericsson Singapore Vice President Sales and Marketing, Ericsson Business unit Networks President, Ericsson Brazil and Director of the Board and Executive Vice President, Sony Ericsson . He holds a MS in Electrical Engineering from the Institute of technology, University of Lund and MBA studies from University of Lund .
Age: 58  CEO Since 2013  MBA    
45 97 30 00 00

Management Efficiency

The company has return on total asset (ROA) of 4.71 % which means that it generated profit of $4.71 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 19.69 % meaning that it generated $19.69 on every $100 dollars invested by stockholders.
The company has accumulated 584.81M in total debt with debt to equity ratio (D/E) of 23.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Vestas Wind Systems has Current Ratio of 1.11 suggesting that it may not have the ability to pay its financial obligations in time and when they become due.

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CEO Since

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Entity Summary

Vestas Wind Systems AS designs, manufactures, installs, and services wind turbines worldwide. The company was founded in 1898 and is headquartered in Aarhus, Denmark. Vestas Wind operates under Diversified Industrials classification in USA and is traded on OTC Market. It employs 24578 people.Vestas Wind Systems AS (VWSYF) is traded on OTC Market in USA and employs 24,578 people.

Vestas Wind Systems Leadership Team

Henry Stenson, Independent Director
Kim Thomsen, Director, Employee Representative
Hans Smith, Sr. VP of Investor Relations
Lars Josefsson, Independent Deputy Chairman of the Board
Anders Vedel, CTO and Executive VP
Juan Azagra, Executive Vice President Chief Sales Officer
JeanMarc Lechene, COO, Executive Vice President
Peter Lindholst, Director, Employee Representative
Lykke Friis, Independent Director
Jens Lund, Director
Bruce Grant, Director
Eva Berneke, Director
Patrik Setterberg, Vice President Investor Relations
Kim Rahbek, Chief Specialist and Director
Carsten Bjerg, Independent Director
Torben Soerensen, Director
Marika Fredriksson, CFO and Executive VP
Bert Nordberg, Independent Chairman of the Board
Helle ThorningSchmidt, Director
Michael Lisbjerg, Director, Employee Representative
Sussie Agerbo, Director, Employee Representative
Anders Runevad, CEO and Group Pres
Eija Pitkanen, Independent Director
Henrik Andersen, Independent Director

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