President & Chief Executive OfficerBorn: August 1964Joined Danfoss in 2007
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, thus 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 was in 2003 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:
Executive Vice President & Chief Financial Officer Born: November 1969 Joined Danfoss in 1993
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 in Sauer-Danfoss Inc., a position he held until 2013, where he was appointed Executive Vice President & CFO of Danfoss A/S in connection with the acquisition and integration of Sauer-Danfoss Inc. in Danfoss.
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. Christensen holds a Master of Science in Accounting and Finance.
President, Danfoss Power Solutions Born: July 1971 Joined Danfoss in 2013
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.
President, Danfoss Climate Solutions Born: September 1965 Joined Danfoss in 2017
Kristian Strand has more than 20 years of experience in the cooling, refrigeration, compressor, and heating industries, along with a total of 36 years of diverse experience across various industries and countries.
Kristian Strand was appointed President of Danfoss Climate Solutions in 2025. Prior to this he served as Vice President of Industrial Refrigeration, President of Refrigeration and Air Conditioning Controls and President of Commercial Compressors.
Prior to Danfoss, Kristian Strand held various leading positions – in Denmark, Europe, and Asia - within BITZER, Lodam Electronics, Lumikko, PP Techniq, Nokia Networks, and COWI.
Kristian Strand holds a Master of Science in Civil Engineering and Planning.
President, Danfoss Drives Born: August 1968 Joined Danfoss in 2022
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 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.
Executive Vice President & Head of Group Human Resources Born: July 1973 Joined Danfoss in 2019
Ilonka Nussbaumer has a 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 the global HR responsibility at the large multinational family-owned company Voith, in the position as 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 in Germany, China, and Denmark. She holds a master’s degree from the Vienna University of Economics & Business Administration.