Rasmus Untidt Appointed as CEO of MT Højgaard Holding
MT Højgaard Holding’s Board of Directors has officially named Rasmus Untidt as the new CEO, effective on a date yet to be announced. Untidt, who previously held the position of Chief Financial Officer, takes the reins from Steffen Baungaard, who will stay on to help during the transition period.
About Rasmus Untidt
Rasmus Untidt joined MT Højgaard back in 2014, where he started by focusing on strategy and business development. Over the years, his career has advanced significantly, leading to his recent role as Chief Strategy Officer, which he took on in April 2022. In December of that same year, his responsibilities expanded as he became the CFO and joined the Executive Board. With a comprehensive understanding of the company’s structure, he has been instrumental in shaping its long-term strategic and financial goals.
Continuity and Strategic Direction
Carsten Dilling, the Chairman of the Board, expressed his pride in promoting Untidt from within the company, as this ensures both continuity and a strong strategic vision moving forward. Dilling highlighted Untidt’s exceptional leadership and financial expertise, both of which are essential for steering the company while maximizing value for shareholders and stakeholders. His prior experience on the Executive Board has produced impressive outcomes, strengthening the decision to appoint him as CEO.
Steffen Baungaard's Transition
Steffen Baungaard, who has led MT Højgaard since March 2021, has earned high praise for his contributions, particularly for driving a strategic shift towards focusing entirely on the company’s profitable operations within Denmark. This shift involved scaling back international operations, a transition Baungaard has managed successfully.
Leadership Changes and Future Vision
The timing of this leadership change is crucial, as the company is actively refocusing its efforts on its main business areas. Untidt's insights and background place him in an excellent position to facilitate this transition smoothly. He plans to strengthen MT Højgaard's status in its core markets, emphasizing financial management and strategic growth.
New Leadership Roles
As part of this reorganization, Dennis Nørgaard has been elevated to the role of CFO, responsible for overseeing the financial operations. With over 15 years of experience in reporting and controlling in project-focused publicly listed companies, Nørgaard is well-prepared to guide MT Højgaard's financial strategies under Untidt’s leadership.
Both Untidt and Dilling are available for any inquiries, and they encourage interested parties to connect with them by phone.
Frequently Asked Questions
Who is the new CEO of MT Højgaard Holding?
The new CEO of MT Højgaard Holding is Rasmus Untidt.
What roles did Rasmus Untidt hold before this appointment?
Prior to becoming CEO, Rasmus Untidt served as the CFO and was also the Chief Strategy Officer.
What changes is MT Højgaard Holding making?
The company is pivoting to focus on its profitable core business in Denmark while ending its international operations.
Who will be the new CFO?
Dennis Nørgaard has been appointed as the new CFO of MT Højgaard Holding.
How can I contact the leadership team?
To reach the Chairman and CEO, you can call +45 31 21 68 72 for any inquiries.
