Election of members to the Board of Directors
Reference is made to Vestas Wind Systems A/S company announcement No. 7/2012 of 8 February 2012, which informed that the Vestas chairmanship, Mr Bent Erik Carlsen and Mr Torsten Erik Rasmussen, and board member Mr Freddy Frandsen, will not stand for re-election for the Board of Directors at the Annual General Meeting on 29 March 2012.
The remaining board members elected by the annual general meeting have all informed the Board that they will stand for re-election.
The Board has now completed its search process for new Board members and is pleased to inform that it proposes Mr Bert Nordberg, Mr Lars Olof Josefsson and Mrs Eija Pitkänen elected to the Board of Directors of Vestas Wind Systems A/S at the Annual General Meeting on 29 March 2012.
Mr Nordberg is currently the President and CEO of Sony Ericsson Mobile Communications as well as Executive Vice President in the Ericsson Group. Mr Nordberg brings strong experience from reorganising a global high-tech company with 7,000 employees through a crisis while simultaneously developing the product portfolio and increasing sales volumes.
Mr Josefsson served as President of Sandvik Mining and Construction, a division of the Sandvik Group, until the end of 2011 and is known for having contributed significantly to growing a heavy industrials company into an undisputed global market leader with exceptional customer focus and results.
Mrs Pitkänen currently serves as Vice President, Head of Corporate Responsibility, at Telia Sonera. She has been a frontrunner in developing global sustainability in several international companies
Following the Annual General Meeting, and assuming that that they are elected, the Board expects to appoint Mr Nordberg as Chairman and Mr Josefsson as Deputy Chairman of the Board of Directors.
(Extended biographies for the proposed candidates can be found on page 2)
The Board of Directors finds that the proposed candidates represent broad international business management experience and believes that the candidates will provide a strong and diverse skillset to the Board of Vestas Wind Systems A/S.
Vestas Wind Systems A/S, Denmark
Bent Erik Carlsen, Chairman of the Board of Directors
via Kristian Skipper Pedersen
Tel.: +45 4161 0344
Biographies for the proposed candidates for the Board of Directors
Mr Bert Nordberg
Degree in Electronic Engineering
Engineer in the Swedish Marines from Berga, Sweden
Courses in International Management, Marketing and Finance at INSEAD University, France
2009- President & CEO, Sony Ericsson Mobile Communications
2008- Executive Vice President and Head of Ericsson Silicon Valley
2004-2008 Executive Vice President, Sales and Marketing, Ericsson Group
2002-2004 Head of Ericsson System Division, Ericsson Group
1996-2002 Various management positions at Ericsson Group
1980-1996 Various management positions at Digital Equipment Corporation and Data General Corp
Mr Lars Olof Josefsson
Master of Science, School of Engineering Physics, Chalmers University of Technology
Degree in Business Economics, University of Uppsala, Sweden
International Advanced Management Programme (IAMP)
International Management Institute, Geneva (IMI), Switzerland
2004-2011 President, Sandvik Mining and Construction
2003-2004 President, Siemens Industrial Turbines AB
1999-2003 President, ALSTOM Power Sweden AB
1977-1999 Various management positions at ABB
Mrs Eija Pitkänen
M.Sc. (Food Microbiology) from Helsinki University, Finland, Faculty of Agriculture
2011- Vice President, Head of Corporate Responsibility, Telia Sonera
2011-2011 Head of Sustainability, OP-Pohjola Group
2008-2011 Senior Vice President, Sustainability, Stora Enso
2005-2008 Vice President, Sustainability Communications and CSR, Stora Enso
2002-2005 Vice President, Corporate Social Responsibility (CSR), Stora Enso
1999-2002 Vice President, Head of Sustainable Development, Danisco A/S
1987-1999 Various management positions at Cultor and Genencor International