Grundfos appoints new CEO and Group President

(PresseBox) (Erkrath, ) 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 August 1st 2014.

Group Chairman of Grundfos, Jens Moberg, emphasizes that Mads Nipper was chosen because of his long and proven record of working on the global marketplace.

- 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, says Jens Moberg.

Mads Nipper has worked for the Lego Group for 23 years, he has numerous directorships in various companies and organizations and holds a MSc and BSc in Business Administration.

- I am looking very much forward to be a part of the Grundfos Group. I have chosen Grundfos, because it is a value based company, who through quality products enhance the lives of the customers while doing something good for the world at the same time. I have enjoyed every minute of LEGO, a great company with great products and great people. Now it's time for some new and exciting challenges for me, and I am looking forward to that, says Mads Nipper.

The Chairman of the Poul Due Jensen Foundation, the main owner of Grundfos, also looks forward cooperating with Mads Nipper:

- I'm very happy with the choice of Mads Nipper as new CEO. I have got Mads to know as a great personality who is able to motivate and engage people around him. Moreover, he has tremendous commercial and strategic insight and understanding and a global mindset that will be of great benefit for Grundfos in the future, Niels Due Jensen says.

Mads Nippers resume:
Mads Nipper (48 years old, b. 1966, married to Gitte and two children: Sarah og Andreas)


2011- Chief Marketing Officer, member of Management Board
2006-2011 Executive Vice President, Markets & Products, member of Corporate Management, LEGO Group
2004-2006 Senior Vice President, Global Innovation and Marketing, LEGO Group
2001-2004 Senior Vice President, Central Europe, LEGO Company
1999-2001 Senior Vice President, Global Segment 8+, LEGO Company
1998-1999 Global Brand Director, LEGO Technic, LEGO Company
1995-1998 Department Head, New ways to the consumer, LEGO Company
1993-1995 European Trade Marketing Manager, LEGO Company
1991-1993 Media Consultant, LEGO Company


1991 MSc Business Administration
1989 BSc Business Administration


2013- Member of the board, Tulip Food Company A/S
2012- Member of the board, Stokke A/S
2007-2009 Member of the board, "Userdriven Innovation" Danish Ministry of Business and Growth
2006-2012 Member of the board, Kompan A/S
2006- Chairman of the board, Design School Kolding
2005-2006 Member of the board, Merlin Entertainments Plc. Global entertainment


Grundfos GmbH
Schlüterstraße 33
D-40699 Erkrath


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