Daniel Winter has been named president of Danfoss Power Solutions. He succeeds Eric Alström who, after 12 years with Danfoss, has decided to seek new challenges outside the company.
Daniel Winter will join the Danfoss Group Executive Team and take over as President of Danfoss Power Solutions on 1 January 2025. He is well-prepared for the new role and has extensive experience within the company. He served as Chief Financial Officer for Danfoss Power Solutions, where he played a critical role on the Power Solutions Leadership Team (PSLT), driving the financial strategy and ensuring solid segment performance during strong growth and challenging market conditions.
“I am excited to build on our strong foundation, great products and solutions, excellent customer relationships, and a fantastic and talented team with a history of delivering great results,” Daniel Winter said. “While the market presents challenges, we are prepared to navigate them and take Power Solutions to the next level.”
Before his position as Chief Financial Officer, Daniel Winter served as Senior Vice President, Head of Finance Functions, for Danfoss Group from 2017 to 2020, and as Senior Vice President, Finance and Controlling, at Sauer-Danfoss from 2013 to 2017. He holds a Master’s in managerial economics, controlling, and tax from Friedrich-Alexander-Universität Erlangen-Nürnberg in Germany.
“I am very proud to announce that Daniel will join the Danfoss Group Executive Team and take over the role of Segment President of Danfoss Power Solutions. He will ensure continuity and keep us on track for our long-term growth plans,” said Kim Fausing, Danfoss President and CEO. “Daniel brings a wealth of experience, having spent most of his career with Danfoss and Danfoss Power Solutions. He shares our ambitions and passion for the mobile and industrial hydraulics business and will, together with the PSLT, develop the business further with our customers.”