Lars Rytter Kristensen named chief procurement officer of Nordex's regional companies in Europe, Asia and America, effective March 1

Rachel Carter

HAMBURG, Germany , January 16, 2011 (press release) – Effective March 1, 2011, Lars Rytter Kristensen (44) will be placed in charge of the Nordex Group’s Purchasing. In this position, he will be responsible for the procurement operations of Nordex’s regional companies in Europe, Asia and America as well as their global coordination. He will be reporting directly to COO Dr. Marc Sielemann in this function.

Lars Rytter Kristensen comes to Nordex from Repower Systems AG, where he was a member of that company’s management board and supply chain head. Born in Denmark, he has previously held management positions in the supply chain and purchasing departments of wind power system manufacturers Vestas and Suzlon. Says Sielemann: “Lars Rytter Kristensen is the ideal man for managing our purchasing activities. He can look back on around 15 years of professional experience in the wind power industry alone and is a manager of international standing.” With an external sourcing ratio of around 77 percent, purchasing plays a crucial strategic role for Nordex. Together with the existing purchasing organization one of the tasks of Lars Rytter Kristensen is to further improve and globalize the Nordex´s cost base and thereby support the future competitiveness of Nordex.

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