Vestas’ board has approved the election of two new members at the company’s annual general meeting (AGM), held 9 April.
Bill Fehrman – CEO of utility services company Centuri Group and a former CEO of US utility Berkshire Hathaway Energy – and Henriette Hallberg Thygesen – executive vice president and chief customer delivery officer at shipping giant Maersk – have replaced Bruce Harvey Grant and Kentaro Hosomi, who did not stand for re-election.
All other existing board members were re-elected.
Anders Runevad and Karl-Henrik Sundström were also re-elected as chair and deputy chair of the Board, respectively.
The AGM also approved the company's Remuneration Report 2023 and a 4% pay increase for board of directors in terms of the basic remuneration fee, the committee fee and the committee chair fee. Board members residing outside of Europe will also receive a fixed travel compensation fee in addition to the basic remuneration.