Mads Nipper

Chief Executive Officer at

Grundfos Pumps Corp.

Net worth: 95 915 $ as of 31/05/2026

60 year

53 connections

Producer Manufacturing

Utilities

Consumer Durables

Profile

Mads Nipper is a Danish businessperson who has been at the helm of 5 different companies and presently is Group President & Chief Executive Officer at Ørsted A, President & Chief Executive Officer at Grundfos Pumps Corp. and Chief Executive Officer of Grundfos Holding A. Mr. Nipper is also on the board of Bang & Olufsen A, Danish Crown An and Confederation of Danish Industry. Mads Nipper previously occupied the position of Group President & Chief Executive Officer at Grundfos AB, President & Chief Executive Officer at Grundfos An and Chief Marketing Officer for LEGO A. Mr. Nipper received a graduate degree from the University of Aarhus.

Known holdings in public companies

Company	Date	Number of shares	Valuation	Valuation date
FLSMIDTH & CO. A/S 0%	31/12/2025	1,220 ( 0% )	95 915 $	31/05/2026

Latest news about Mads Nipper

23/02	Lene Skole Proposed to Take Over as Chair of FLSmidth	FW
06/02/25	Orsted Expects Earnings to Rise This Year as It Works to Shore Up Balance Sheet	DJ
31/01/25	Orsted Replaces CEO Mads Nipper as It Grapples With Offshore Wind Challenges	DJ
31/01/25	Orsted: Mads Nipper steps down as CEO, to be replaced by Rasmus Errboe
31/01/25	Ørsted replaces CEO	FW

Mads Nipper active positions

Companies	Position	Start
Grundfos Pumps Corp. Grundfos Pumps Corp. Industrial MachineryProducer Manufacturing Manufactures pumps	Chief Executive Officer	-
Confederation of Danish Industry Confederation of Danish Industry Miscellaneous Commercial ServicesCommercial Services Operates as a business and employers' organization	Director/Board Member	-
Orsted Services Malaysia Sdn. Bhd. Orsted Services Malaysia Sdn. Bhd. Alternative Power GenerationUtilities Develops, constructs and operates offshore, onshore wind & solar farms, energy storage facilities and bioenergy plants	Chief Executive Officer	01/01/2021
FLSmidth A/S FLSmidth A/S Trucks/Construction/Farm MachineryProducer Manufacturing Designs and manufactures flowsheet technology equipment for mining operations	Director/Board Member	01/01/2022
Orsted Power (UK) Ltd. Orsted Power (UK) Ltd. Electric UtilitiesUtilities Distributes natural gas and electricity	Chief Executive Officer	01/01/2021

All active positions of Mads Nipper

Former positions of Mads Nipper

Companies	Position	End
FLSMIDTH & CO. A/S	Chairman	24/03/2026
ORSTED A/S	Chief Executive Officer	01/02/2025
Orsted Wind Power Netherlands BV Orsted Wind Power Netherlands BV Alternative Power GenerationUtilities Operates wind farm	Chief Executive Officer	01/02/2025
Grundfos A/S Grundfos A/S Industrial MachineryProducer Manufacturing Manufactures pumps and compressors	Chief Executive Officer	01/01/2020
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Training of Mads Nipper

Experiences
Positions held

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Private companies

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Connections

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Members of the board

Executives

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Linked companies

Private companies	17
FLSmidth & Co. A/S FLSmidth & Co. A/S Construction MaterialsNon-Energy Minerals Manufactures and distributes cement; provides cement equipment, systems and services to the global cement and minerals industries	Non-Energy Minerals
Bang & Olufsen A/S Bang & Olufsen A/S Electronics/AppliancesConsumer Durables Manufactures household audio and video equipment	Consumer Durables
LEGO A/S LEGO A/S Specialty StoresRetail Trade Sells gifts and toys through online	Retail Trade
Danish Crown Foods A/S Danish Crown Foods A/S Food: Meat/Fish/DairyConsumer Non-Durables Produces and sells processed meat products	Consumer Non-Durables
Ørsted A/S Ørsted A/S Electric UtilitiesUtilities Develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities and bioenergy plants	Utilities
Grundfos AB Grundfos AB Industrial MachineryProducer Manufacturing Manufactures water pumps and electric motors	Producer Manufacturing
University of Aarhus University of Aarhus Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Danish Crown A/S Danish Crown A/S Food: Meat/Fish/DairyConsumer Non-Durables Engages in processing and sale of chilled & frozen meat products, pork, beef, poultry and lamb	Consumer Non-Durables
Grundfos Pumps Corp. Grundfos Pumps Corp. Industrial MachineryProducer Manufacturing Manufactures pumps	Producer Manufacturing
Stokke AS Stokke AS Recreational ProductsConsumer Durables Manufactures & sells children's products and furniture through online	Consumer Durables
Orsted Power (UK) Ltd. Orsted Power (UK) Ltd. Electric UtilitiesUtilities Distributes natural gas and electricity	Utilities
FLSmidth A/S FLSmidth A/S Trucks/Construction/Farm MachineryProducer Manufacturing Designs and manufactures flowsheet technology equipment for mining operations	Producer Manufacturing
Grundfos Holding A/S Grundfos Holding A/S Industrial MachineryProducer Manufacturing Manufactures and supplies pumps & pumping equipment	Producer Manufacturing
Grundfos A/S Grundfos A/S Industrial MachineryProducer Manufacturing Manufactures pumps and compressors	Producer Manufacturing
Confederation of Danish Industry Confederation of Danish Industry Miscellaneous Commercial ServicesCommercial Services Operates as a business and employers' organization	Commercial Services
Orsted Wind Power Netherlands BV Orsted Wind Power Netherlands BV Alternative Power GenerationUtilities Operates wind farm	Utilities
Orsted Services Malaysia Sdn. Bhd. Orsted Services Malaysia Sdn. Bhd. Alternative Power GenerationUtilities Develops, constructs and operates offshore, onshore wind & solar farms, energy storage facilities and bioenergy plants	Utilities