People: Suzlon Energy Ltd (SUZL.NS)
Pedersen, Per Hornung
Mr. Per Hornung Pedersen serves as Non-Executive Independent Director of the Company. He holds a degree in B.Sc. (Finance and Accounting), Diploma in Audit and Tax as well as an MBA. After starting his career at Arthur Andersen, Mr. Pedersen spent 25 years in various Managerial and Executive positions, primarily in listed companies in the construction, packaging and telecom Industry. In 2000, he joined the wind industry as CFO in NEG Micon / Vestas, moved to the Indian wind power company Suzlon in 2004, responsible for international operation. During the 4 years spent at Suzlon, he took the company from a strong player in India to number 6 globally in the industry. After Suzlon took over REpower in 2007, he was appointed CEO of REpower and in his role doubled turnover to 1.2 billion Euro and qua doubled EBIT to around 100 million Euro. Mr. Pedersen left REpower in the spring of 2011 and since then he is, and has been active in a number of Supervisory Boards as well as acting as Industry Advisor to a number of private equity funds, benefitting from his 12 years of executive experience in the global wind business. Through this work with large as well as smaller transactions, he has gained substantial experience and insight into M&A and Private Equity. Mr. Pedersen also served as interim CEO at PelamisWave Power from October 2011 to June 2013 and continued as advisor to the Board until December 2014. Since June 2012, Mr. Pedersen is a member of the Supervisory Board of SeaTower AS, Oslo, since October 2015 member of the Supervisory Board of PNE Wind AG, Cuxhaven where he also served as interim CEO until June 2016 and since July 2016 Chairman of the Board of SE Blue Renweables, Copenhagen.
|Total Annual Compensation, INR||520,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||520,000|