Grundfos appoints new CEO and Group President

Mads Nipper becomes new CEO and Group President of Grundfos. He comes from a position as Executive Vice President of LEGO. He will be joining the company on August 1st 2014.
Jens Moberg, Group Chairman of Grundfos, said, “With Mads Nipper on board we get a highly competent leader who has solid background in strategy, business development, sales and marketing from the global marketplace. Mads is extremely customer oriented and has during his career proved that he is able to create new ways of growing the business. His profile fits extremely well into the Grundfos Group and I am looking forward to work together with him to exploit the huge potential for growth in both our existing and new markets.” Mads Nipper has worked for the Lego Group for 23 years; he has numerous directorships in various companies and organisations and holds a MSc and BSc in Business Administration.

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