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  • Title
    CEO
  • Company
    Vestas Wind Systems

CEO since September 2013, this former Ericsson executive has sought to introduce discipline (read: cost cuts) into what some have viewed as an altruistic mission, looking to help wind power technology mature so that it no longer require subsidies to attract customers. Under Runevad, Vestas (founded as a blacksmith shop in 1898) passed $10 billion in revenues in the most recent 12 months, with profits now at a healthy $907 million. By contrast, Vestas lost $1.3 billion in the last full year before Runevad took over.

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