Anders Runevad is the celebrated CEO behind the dramatic reversal of fortunes at Vestas, Denmark’s longest-running manufacturer of wind turbines. In the space of just five years Runevad has rescued the company from the brink of bankruptcy and transformed it into the leading manufacturer for wind turbines in the world, with anticipated revenue of over €10bn ($11bn) in 2019.
“We are changing the energy system, but we need to improve further on what has made us successful,” Runevad wrote in an article for Recharge.
Runevad became CEO in 2013, following a stream of negative press about design failures, boardroom scuffles, and general mismanagement of the company under his predecessor.
Under Runevad’s leadership, the company has secured substantial contracts with Mitsubishi and now has 101 gigawatts of wind turbines in 80 countries across five continents.
The CEO’s background was not in renewable energies: he previously led Sony Ericsson as Head of Region in North America, before serving as Head of Sales and Executive Vice President at Sony Mobile Communications.
In May 2019, Runevad announced his intention to step down from Autumn 2019.