We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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Brown will succeed Martha Wyrsch, who will leave Vestas in early December.
Brown, 52, has decades of experience running electric utility and independent power operations, Vestas said this week.
He most recently served as chief operating officer for the city of Detroit. He also has worked in the offshore wind industry.
Brown joins Vestas following the company’s announcement last week to cut 3,000 more jobs.
Vestas plans to reduce the number of its employees to 16,000 by the end of next year. It employed more than 22,700 people at the beginning of this year and had already announced job cuts of 3,700.
Vestas this year has trimmed its manufacturing workforce in Colorado from more than 1,700 to about 1,200 people at four factories, a figure which includes attrition, relocations and reductions.
“I recognize there are many challenges in the U.S. wind industry,” Brown said in a statement. “However, Vestas has tremendous potential and strength. This is evident in the management team, in the brand, and most important, in the many talented people who work at Vestas.”
Wyrsch began at Vestas in 2009. She directed record financial, sales and installation performance for the company in the U.S. and Canada from 2010 to 2012.