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Leadership

Danske Commodities has a two-tier management structure. The Board of Directors supervises the performance of the company and participates in determining the company strategy. Senior Leadership is responsible for daily operations. No person serves as a member of both bodies.

SENIOR LEADERSHIP

Senior Leadership is responsible for the execution of strategic initiatives and for the operative supervising of the organisation by management of the overall performance of the company through target setting, monitoring and follow-up.

Senior Leadership ensures that we deliver on our strategic targets, continuously live our corporate values and that these values are embedded in our organisation.

Danske Commodities' CEO Helle Østergaard Kristiansen

HELLE ØSTERGAARD KRISTIANSEN

CEO

Helle Østergaard Kristiansen was born in 1978 in Hobro, Northern Jutland. For almost a decade, Helle has been instrumental in shaping Danske Commodities, and she has helped grow the organisation from 30 to 300 employees in her previous roles as CRO and CFO. Besides the role of CEO at DC, she is currently a board member of Systematic A/S and DS Norden A/S.

Helle has a background in the banking sector and has a Master's in Business Economics and Auditing from Aarhus University. She lives in Aarhus with her husband and three children.

OLAV MARTIN BJORDAL

CFO and VP, Head of IT & Finance

  • Appointed to SL in August 2021.
  • Background: More than 15 years of experience within the energy sector, including as CFO and VP of Finance & Control at Equinor and Director of the Board at Equinor US. 

Contact Olav Martin Bjordal

Jakob Sørensen

JAKOB SØRENSEN

CRO and VP, Head of Risk Management

  • Appointed to SL in April 2019.
  • Background: Various positions in Danske Commodities, including as Head of Power Markets and Head of Market Analysis.

Contact Jakob Sørensen

JESPER TRONBORG

VP, Head of Global Trading & Market Development 

  • Appointed to SL in August 2014.
  • Background: Head of Trading & Origination at Danske Commodities. Head of Markets at Statoil Gazelle. Oil & Gas Trader at Energi Danmark. Various positions globally with Maersk Group.

Contact Jesper Tronborg

Jesper Tronborg
TOR MOSEGAARD

TOR MOSEGAARD

VP, Head of European Power Trading

  • Appointed to SL in March 2020.
  • Background: Head of Power Markets and Cross-Border Trading at Danske Commodities. Various trading positions with Energi Danmark, including Head of Short-Term Trading.

Contact Tor Mosegaard

KLAUS NUSSGRUBER

VP, Head of European Gas Trading

  • Appointed to SL in September 2021
  • Background: More than 20 years of experience in the energy and finance sector, including positions as Head of ETRM Center of Excellence and Head of Market Access & Trading at OMV, Head of European Power at Centrica, and Senior Trader at BNP Paris.

Contact Klaus Nussgruber

JESPER PAPE LARSEN

JESPER PAPE LARSEN

VP, Head of Legal & Compliance

  • Appointed to SL in April 2019.
  • Background: Director, Head of Legal & Compliance at Danske Commodities. Senior Legal Advisor at Vestas. Lawyer at Dahl Law.

Contact Jesper Pape Larsen

MARIE-LOUISE BREBØL CHRISTENSEN

VP, Head of People & Culture

  • Appointed to SL in April 2019.
  • Background: Head of Compensation & Performance Management at Danske Commodities. Interim Head of People & Communication at Lind Capital. Associate lawyer at Bech-Bruun, Lett Lawfirm and SJ Law. International legal roles in London and Zurich at Hospital Corporation of America and Novo Nordisk.

Contact Marie-Louise Brebøl Christensen

MARIE-LOUISE BREBØL CHRISTENSEN

BOARD OF DIRECTORS

ABOUT THE BOARD OF DIRECTORS

The Board of Directors is responsible for ensuring that the overall strategic management and the financial and managerial control of the group are conducted adequately in all respects. They act as formal advisers to Senior Leadership.

As a collective body, the members of the Board combine key industry insights, expertise from European energy markets, risk management and financial skills with several years of management experience from international businesses.

Helge Haugane

HELGE HAUGANE

CHAIR

Born: 1978
Occupation: Senior Vice President, Head of Gas & Power, Marketing, Midstream and Processing, Equinor ASA
Key skills: Finance, strategy, valuations, risk management, performance management, M&A and upstream oil and gas.
Background: MSc in Economics and Finance. Vice President, Finance & Control, Marketing, Midstream and Processing, Equinor ASA. Previously held the role as CFO for Equinor’s US business. 

Fride Seljevold Methi

FRIDE SELJEVOLD METHI

VICE CHAIR

Born: 1981
Occupation: Vice President, Finance & Control, Marketing, Midstream and Processing, Equinor ASA
Key skills: Finance, strategy, valuations, risk management, procurement and upstream oil and gas.
Background: MSc in Finance and Process Engineering. Joined Equinor in 2006. Previously held the role as VP for Procurement Business Support.

Torbjørn Folgerø

BOARD MEMBER

Born: 1982
Occupation: Senior Vice President, Chief Digital Officer, Equinor ASA
Key skills: Digitalisation, strategy, operational analytics, supply chain management.
Background: MSc in Industrial Economics and Technology Management and MBA in Business Administration. Joined Equinor in 2008. Prior experience from management consulting.

Jens-Peter Saul

JENS-PETER SAUL

BOARD MEMBER

Born: 1966
Occupation: President & CEO, Rambøll Group, Denmark
Key skills: General Management, sales, internationalisation, energy and growth.
Background: BSc in Engineering (Energy and Process Technology). President and CEO, Rambøll Group, Denmark. Former President and CEO, Siemens Wind Power, Denmark. Board member in Cubico Sustainable Investments.

Board member Molly Morris

MOLLY MORRIS

BOARD MEMBER

Born: 1976
Occupation: Senior Vice President, Crude, Products and Liquids, Equinor ASA
Key skills: Energy trading and marketing, leadership, global markets, risk management.
Background: BSc in Chemical Engineering. Vice President, Products and Liquids, Equinor ASA. More than 15 years' trading experience in the US and global markets across several commodities.   

OLAV KOLBEINSTVEIT

BOARD MEMBER

Born: 1977
Occupation: Vice President, Power and Markets, New Energy Solutions, Equinor ASA
Key skills: Leadership, renewables, strategy, energy trading, market analysis, business development & regulatory framework.
Background: Master's in Economics. Almost 20 years of experience from global energy markets. Previously held the roles of Vice President, Market Analysis, and Vice President, Area Development, NCS, Equinor ASA

KNUD ERIK ANDERSEN

BOARD MEMBER

Born: 1960
Occupation: Founder and CEO of European Energy A/S
Key skills: General management, strategy, renewable asset development, energy technology
Background: Master's in Civil Engineering. Founder and CEO of Inside Technology A/S, founder and CEO of Sentic A/S

OUR LEADERSHIP CAPABILITY FRAMEWORK

A strong culture is the greatest source of competitive advantage, and a company’s culture is the responsibility of the leadership.

 

That is why we have developed seven leadership capabilities, calling on leaders to impact our business and grow our people through:

  • Strategic direction
  • Performance drive
  • Competitive edge
  • Inspirational leadership
  • People development
  • Collaboration
  • Living our values

The principles are firmly incorporated in the way we think and practice leadership every day. They guide our leadership in ensuring a winning culture. For the benefit of our company, our people and our business partners. 

A FORCE TO GUIDE US

Our values define us as a company – and as individuals – by providing the framework for how we conduct business. They guide us in everything we do, from strategic business decisions to day-to-day activities. We create a unique, diverse and dynamic culture by adhering to our values:

 

Our values

Danske Commodities offices
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Financials

Financial overview

Innovation, speed to market and business acumen have been key factors in Danske Commodities' solid financial performance over the years.

Danske Commodities Annual Report 2020
Annual Report

Annual Report 2020

Although energy markets and ways of working were seriously affected by the Covid-19 pandemic, earnings for 2020 were stable and level with the previous year.