CORPORATE GOVERNANCE

Vestas To Establish United Technology, Manufacturing And Supply Chain Organization

Vestas, CTO
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Vestas has unveiled plans to unite its Technology organization (CTO) and Manufacturing & Global Procurement organization (COO) into one Technology and Operations organization (CTOO). The united CTOO organization will become the foundation for one enterprise-wide industrial system within Vestas and will be headed by current Chief Technology Officer, Anders Nielsen.

The united CTOO organization uses building blocks from current global and regional operating models to minimize impact on operations and safeguard deliveries and project execution in 2024.

The CTOO organization is expected to be fully implemented during the third quarter of 2024. With Anders Nielsen becoming CTOO, the current COO, Tommy Rahbek Nielsen, has decided to pursue opportunities outside of Vestas after more than 25 years at Vestas.

Group President & CEO, Henrik Andersen says, “Vestas has built a strong backlog across onshore, offshore, and service towards the end of this decade, and we are today announcing the next step in our organisational evolution to deliver on our customer commitments.

“The united CTOO-organization will help accelerate ramp-up and industrialisation across Vestas and the industry by simplifying interfaces, collaboration and strengthening our end-to-end approach. I’m very pleased Anders Nielsen has accepted to continue leading Vestas’ industrialization forward, and I want to thank Tommy Rahbek Nielsen for his incredible contribution to Vestas for more than 25 years.”

Creating the CTOO organization is only expected to impact senior management roles and not entail any restructuring at an operational level.

https://www.renewableenergymagazine.com

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