Rasmus Errboe

Career

1. 2025-02 – now
   Ørstedsrc
   Group President and CEO
2. 2024-04 – 2025-01
   Ørstedsrc
   Deputy CEO and Chief Commercial Officer; registered Executive Board member
   Ran the new Commercial organisation: the three regional CEOs, Global Stakeholder Relations and Strategy/Portfolio reported to him. The Deputy CEO function was discontinued in April 2025 (CA-2025-04-23)
3. 2023-11 – 2024-03
   Ørstedsrc
   Interim Group CFO and Executive Board member
   Appointed 2023-11-14 when CFO Daniel Lerup and COO Richard Hunter left by mutual agreement; handed over to Trond Westlie from 2024-04-01 (CA-2024-02-27)
4. 2022 – 2023
   Ørstedsrc
   EVP and CEO of Region Europe
   Member of executive management from 2022 (CA-2025-01-31). The 2025 release lists 'Regional Head of Europe' and before it 'Regional Head of Continental Europe'
5. 2012 – 2022
   Ørsted (DONG Energy until 2017)src
   Senior M&A specialist, then Head of Group M&A, CFO of the global Offshore business unit, and Regional Head of Continental Europe
   As Head of Group M&A he had overall responsibility for the 2016 IPO and the 2017 divestment and carve-out of the Oil & Gas business. Joined in 2012 per CA-2025-01-31; the first title (senior M&A specialist) comes from WS-lex. Years of each post not stated

Undated in the sources

• Kromann Reumert (Copenhagen law firm)src, Lawyer

Not located: The years of each Ørsted post between 2012 and 2022 are not stated in any source read, and the Kromann Reumert years (after his 2006 law degree, before 2012) rest on one search summary

Achievements

• Ørsted insider since 2012: led Group M&A through the 2016 IPO and the 2017 Oil & Gas carve-out, then ran offshore finance and Region Europesrc
• Stepped in as interim CFO in November 2023 when the CFO and COO left by mutual agreement, then became Deputy CEO in April 2024 and CEO in February 2025src
• Completed the DKK 60bn rights issue in October 2025 and a divestment programme that raised about DKK 46bn against a target of over DKK 35bnsrc
• FY2025 EBITDA excluding new partnerships and cancellation fees was DKK 25.1bn, inside the DKK 24-27bn range as cut in September 2025. Net profit was DKK 3.2bn. 2026 guidance is above DKK 28bnsrc
• Refocused Ørsted on offshore wind in Europe and selected APAC markets and sold the European onshore businesssrc
• Announced about 2,000 job cuts by the end of 2027, for annual savings of about DKK 2bn from 2028src

Education

• University of Copenhagen, Master of Law (cand.jur.) Law (2006)src
• Aarhus University, Bachelor's Lawsrc
• University of San Diego, MBA Business administrationsrc

Background

• Family None of the sources read has a family-relationship statement, and none was disclosed. The remuneration report and annual report governance sections were out of reachsrc
• Boards Member of the Main Board of the Confederation of Danish Industries (DI)src
• Other Trained as a lawyer: he practised at Kromann Reumert before joining DONG Energy's M&A team in 2012src
• Other The Danish state owns 50.1% of Ørsted and took up its full share of the 2025 rights issuesrc