Group Executive Team

Kim Fausing

President & Chief Executive Officer
Born: August 1964

Kim Fausing has broad management experience from leading positions in global industrial companies.

Kim Fausing was appointed President & CEO in 2017. Prior to this, since 2008, he was Executive Vice President & COO, responsible for all Danfoss business segments as well as the Danfoss Business System and Global Procurement. In 2007, he joined Danfoss as President of the Danfoss Refrigeration & Air Conditioning Division.

Before this, from 1990 and until joining Danfoss, Kim Fausing held various international positions within the Hilti Group in Europe and Asia and in 2003 was appointed Division President and member of the Group Executive Management Team at the company’s headquarters.

Kim Fausing holds a degree in Mechanical Engineering and an MBA.

Board positions:

Board member and Vice Chair:
SMA Solar Technology AG, Germany

Board member:
Holcim Ltd.

Jesper V. Christensen

Executive Vice President & Chief Financial Officer
Born: November 1969

Jesper V. Christensen has broad financial and business experience from several management positions in Danfoss and the former Sauer-Danfoss Inc.

In 2009, he was appointed Executive Vice President & CFO of Sauer-Danfoss Inc., a position he held until 2013 when he was appointed Executive Vice President & CFO of Danfoss A/S in connection with Danfoss' acquisition and integration of Sauer-Danfoss Inc.

Jesper V. Christensen joined Danfoss A/S as a postgraduate in 1993. In 1998, he became Global Finance Manager in Danfoss Drives, and in 2004, Vice President, Financial Services in Danfoss Global Business Services. In 2007, he was appointed Vice President, Finance, IT and HR in Danfoss Motion Controls. Jesper V. Christensen holds a Master of Science in Accounting and Finance.

Board positions:

Board member and Vice Chair:
Manufacturing Industry, Denmark

Board member:
Confederation of Danish Industries, Denmark

Board member and Head of Audit Committee:
Danish Crown A/S, Denmark

Daniel Winter

President, Danfoss Power Solutions
Born: July 1971

Daniel Winter has broad financial and management experience from several leadership positions in Danfoss and the former Sauer-Danfoss.

Daniel Winter was appointed President of Danfoss Power Solutions in 2025. He was previously Chief Financial Officer for the segment, a role he held since 2020. From 2017 to 2020, he served as Senior Vice President, Head of Finance Functions, Danfoss A/S, and prior to that he was Senior Vice President, Finance and Controlling, for Sauer-Danfoss Inc. from 2013 to 2017.

Before joining Danfoss, Daniel Winter held positions of increasing responsibility with Siemens VDO Automotive AG and then, upon its acquisition, with Continental Automotive GmbH. Those roles took him to Wuhu and Shanghai, China. He later became CFO Asia-Pacific for Benteler Automotive in Shanghai, a position he held from 2009 to 2013.

Daniel Winter holds a Master’s Degree in Managerial Economics, Controlling, and Tax from Friedrich-Alexander-Universität Erlangen-Nürnberg.

Board positions:

Board member
Daikin-Sauer-Danfoss (DSD), Japan

Board member
Hydro-Gear, USA

Kristian Strand

President, Danfoss Climate Solutions
Born: September 1965

Kristian Strand has over 18 years of experience in the cooling, refrigeration, and compressor industries, as well as a total of 35 years of diverse experience across various sectors and countries.

Kristian Strand was appointed President of Danfoss Climate Solutions in 2025. He joined Danfoss in 2017 and served as Vice President of Industrial Refrigeration from 2017 to 2018, President of Refrigeration and Air Conditioning Controls from 2018 to 2022, and President of Commercial Compressors from 2022 to 2025.

Prior to Danfoss, Kristian Strand served as CEO of Lodam and Director of Marketing and Business Development at BITZER Kühlmaschinenbau GmbH (owners of Lodam). He also held leading positions at Lumikko, Finland, PP Techniq ApS, Nokia Networks in Belgium and Thailand, and Cowi Consulting.

Kristian Strand holds a Master of Science degree in Civil Engineering and Planning. He has participated in several executive trainings around the globe, including the Columbia Executive Program in New York.

Mika Kulju

President, Danfoss Power Electronics and Drives

Born: 1968

Mika Kulju has more than 30 years of business experience in the drives and power electronics industry.

In October 2022, he joined Danfoss as President of Danfoss Power Electronics and Drives. Before that, Mika Kulju was President of the Drive Products division at ABB, where he started his career in 1992. His professional and executive experience at ABB includes various local and international roles involving general management, supply chain management, sales, product management, operations, and product development.

In 2009, after two years as Global Segment Manager, Mika Kulju took on the role of Vice President, Head of Supply Chain Management and Sourcing for ABB Drives. Subsequently, in 2014 he was appointed Group Vice President, Head of Global Product Group Drive Products, and as of 2020 Division President.

Mika Kulju is a Finnish citizen and has worked and lived in Finland, Belgium, Malaysia, and Sweden. He holds an MSc in Electrical Engineering and an MBA from the Helsinki University of Technology.

Board positions:

Board member and Chair:
Semikron Danfoss Holding A/S

Board deputy member:
Technology Industries of Finland

Ilonka Nussbaumer

Executive Vice President & Head of Group Human Resources

Born: July 1973

Ilonka Nussbaumer has broad international management experience from several leadership positions in the field of human resources.

Ilonka Nussbaumer joined Danfoss in 2019 as Senior Vice President and Head of Human Resources. Prior to this, she had global HR responsibility at the large multinational family-owned company Voith, in the position of Senior Vice President from 2011. Before that, she held various international management roles in the HR area for almost ten years at the Schaeffler Group, most recently as Vice President for Automotive Human Resources.

Ilonka Nussbaumer is an Austrian citizen and has worked and lived in Austria, Germany, China, and Denmark. She holds a master’s degree from the Vienna University of Economics & Business Administration.

Board positions:

Board member:
SMA Solar Technology AG, Germany