A Leadership Transition at Grundfos
After 12 years of remarkable leadership, Jens Moberg is set to step down as Chair of the Board of Directors at Grundfos. During his tenure, the company has experienced significant growth, with revenue increasing by more than 50%, and has solidified its position as a leader in ESG initiatives within the industry.
Grundfos Holding has announced that Moberg will officially pass the baton at its Annual General Meeting on February 28, 2025. His successor, Claus Aagaard, currently a board member and the Chief Financial Officer of Mars, Incorporated, has been nominated for the role.
Jens Moberg Reflects on His Tenure
Moberg, who has been a part of Grundfos’ board since 2010 and chaired it since 2013, expressed both gratitude and confidence in his successor.
“It has been a fantastic privilege to be part of Grundfos for so many years and to have helped steer the company through major changes. Grundfos is a rock-solid, value-based company, which has its eyes firmly set on the future with a new and strong strategy. The way I see it, I have accomplished what I set out to do, and I feel the time is right for me to pass on the baton,” said Moberg.
He also highlighted Aagaard’s extensive global management experience as a key factor in his selection. “He has a unique global management experience from one of the world’s foremost family-owned companies. That was the reason we invited Claus Aagaard to join the board two years ago, and since then, he has made a big difference.”
Praise for Jens Moberg’s Leadership
Moberg’s departure has been met with appreciation and acknowledgment from Grundfos leadership. Flemming Konradsen, Chair of the Board of the Grundfos Foundation, commended his contributions:
“Jens Moberg has been a very strong and visionary chair, and the impressive results and the development that Grundfos has undergone for over a decade are in large parts down to him and his work. The Foundation is very grateful to Jens Moberg, and we are extremely satisfied with his efforts.”
CEO Poul Due Jensen also expressed his gratitude: “Jens Moberg has been a strong leader of the board’s work. As my immediate leader, he has also been a dedicated, knowledgeable, and generous sparring partner for me since I joined Group Management, not least since I took up my current role as CEO.”
The Future of Grundfos Leadership
Along with stepping down from Grundfos Holding, Moberg will also resign as Deputy Chair of the Grundfos Foundation. His role there will be taken over by Jabine van der Meijs, former CFO of the Royal Schiphol Group and current board member, who has been nominated for the position.
With Claus Aagaard set to take on the role of Chair, Grundfos looks to continue its growth trajectory and commitment to sustainability under new leadership. The transition marks the end of an era but also the beginning of an exciting new chapter for the company. More information