Vestas’ board proposes energy and shipping veterans as new members
Vestas’ board proposes energy and shipping veterans as new members | Windpower Monthly
Vestas’ board has proposed the election of two new members ahead of the company’s annual general meeting next month (9 April).
It has proposed electing Bill Fehrman – a former CEO of US utility Berkshire Hathaway Energy, and currently CEO of utility services company Centuri Group – and Henriette Hallberg Thygesen – executive vice president and chief customer delivery officer at shipping giant Maersk – to the board.
Vestas noted Fehrman has “in-depth knowledge” of the North American renewables market and experience of leading a US company that has invested heavily in renewables.
It also noted that Thygesen has “in-depth knowledge” of international supply chains, the energy transition and “multicultural management”.
Fehrman and Thygesen would replace Bruce Harvey Grant and Kentaro Hosomi, who have both decided to stand down.
- Vestas’ board has also proposed the re-election of its other members:
- Former Vestas CEO, Anders Runevad;
- CEO of satellite operator Eutelsat, Eva Berneke;
- Former Danish prime minister, Helle Thorning-Schmidt;
- Former CEO of Nordic paper company Stora Enso, Karl-Henrik Sundström;
- And founder and partner at Swedish electronics firm Olving & Ohberg, Lena Olving.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.