Governance

Robert Borin has many years of experience in the green energy business. Before he was appointed as CEO at Cavendish Hydrogen, Borin held a position as Senior Vice President for Nel Fueling for three years. Borin has also held several other senior management positions in MHI Vestas Offshore Wind A/S and Siemens Gamesa Renewable Energy A/S. From 2016 to 2021, Borin was Chief Supply Chain Officer, Senior Vice President, and member of the management team for MHI Vestas Offshore Wind A/S. Borin holds a Master of Science in Mechanical Engineering and Industrial Management from KTH Stockholm. Borin is a Swedish citizen and resides in Denmark.

Before Marcus Halland was appointed CFO of Cavendish, he worked at Nel's fueling division as Director of Finance for four years. Prior to this Halland was Group Chief Accountant at Nel ASA in Norway, following six years as Group Chief Accountant in Align AS. Halland holds a Bachelor of Science in Business (accounting major) from Oakland University. Halland is a Norwegian citizen and resides in Norway.

Before Elsebeth Haarup Rasmussen was appointed Head of Human Resources at Cavendish, she worked at Nel's fueling division as HR Director since February 2022. Prior to joining Nel, Haarup Rasmussen held different HR professional roles at Vestas Wind Systems A/S from 2008 to 2014 and in MHI Vestas Offshore Wind A/S from 2014 to 2021, with the responsibility for the HR Business Partner area. In 2021, Harrup Rasmussen took the role as P&C Director for the HR Business Partner team in the NCE region in Vestas Wind Systems A/S. Haarup Rasmussen holds a Master of Arts in Corporate Communication from Aarhus University. Haarup Rasmussen is a Danish citizen and resides in Denmark.

Before Karsten Poulsen was appointed Head of Operations at Cavendish, he worked at Nel's fueling division as Vice President Operations for four years. Poulsen joined H2 Logic A/S, later Nel, as Production Director in 2008, following eight years as Project Manager at Grundfos Holding A/S' Technology Centre. Poulsen holds a Bachelor of Science Mechanical from Aarhus Teknikum. Poulsen is a Danish citizen and resides in Denmark.

Before Michael Dahl Olsen was appointed Head of Strategy at Cavendish, he worked at Nel's fueling division as Head of Strategy & PMO since August 2022. Prior to joining Nel, Dahl Olsen held management positions at MHI Vestas Offshore A/S and Vestas Wind Systems A/S, where the work areas were primarily related to Supply Chain Management. Dahl Olsen holds a Bachelor of Engineering in Global Management & Manufacturing from Aarhus University and Graduate Diploma in Business Administration from Aarhus Business School. Dahl Olsen is a Danish citizen and resides in Denmark.

Before Michael Ewald Stefan was appointed Head of Product Life Management (PLM) at Cavendish, he worked at Nel's fueling division as Senior Director for Product Management for four years, following three years as Director for Service, Installation and Commissioning. Prior to joining Nel, Stefan worked four years at Linde Group's main Hydrogen Fueling division at Linde Gas GmbH in Austria as Head of Serial Production for Hydrogen Fueling Stations and Head of Production and Production Engineering. Stefan holds a Master of Science in Industrial Engineering with focus on Technical Product Management from University of Applied Sciences Wiener Neustadt. Stefan is citizen of Austria and resides in Austria.

Before Martin Pfandl was appointed Head of Sales at Cavendish, he worked at Nel's fueling division as Head of Sales for one year. Prior to this Pfandl was Business development & Sales Director EMEA for two years, following three years as General Manager of Nel Korea Co., Ltd. Before joining Nel, Phandl held several positions at Linde Group's advanced technology center in Austria. Pfandl has almost 18 years of experience in the hydrogen fueling sector. Pfandl is an Austrian citizen and resides in Austria.

Before Peder Hykkelbjerg Hansen was appointed Head of Projects and Services at Cavendish, he worked at Nel's fueling division as Vice President for Projects & Service for half a year. Prior to joining Nel, Hykkelbjerg Hansen worked 17 years with Siemens Gamesa Renewable Energy A/S with management positions within Projects and Service. Hykkelbjerg Hansen holds a Bachelor within Production Engineering from University of Southern Denmark in Odense. Hykkelbjerg Hansen is a Danish citizen and resides in Denmark.

Before Søren Højgaard was appointed Head of QHSE at Cavendish, he worked at Nel's fueling division as Global Head of QHSE for a year, following one year as Global Quality Manager. Prior to joining Nel, Højgaard was from 2020 to 2023 Director of quality and production at Dynaudio A/S, a tier 1 supplier to the automotive industry, following a position as Project, production and quality manager at Grundfos Holding A/S from 2011 to 2020. Højgaard holds a Bachelor of Science in Electrical and business engineering from the Engineering collage of Aarhus. Højgaard is a Danish citizen and resides in Denmark.

Stefan Thorsteinsson joined Cavendish in July 2024 as General Counsel. Before joining Cavendish, Thorsteinsson worked two years at Nissens Cooling Solutions as Head of Legal, following seven years in Vestas Wind Systems' legal department. Prior to this he spent seven years at Kromann Reumert law firm. Thorsteinsson holds a Master of Law from Aarhus University. Thorsteinsson is a Danish citizen and resides in Denmark.