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Mads Nipper

Board Member


Mads Nipper joined Axcel’s Advisory Board in 2018.

Additionally, Mads is CEO of Grundfos, Deputy Chairman of the board of Danish Crown and a member of the board of Bang & Olufsen. Mads is also Vice Chairman of the Confederation of Danish Industry.

Before joining Grundfos, Mads was employed with LEGO, holding positions as Chief Marketing Officer and Executive Vice President. In the past, he has sat on the boards of numerous other firms.


Educational background

Mads Nipper holds an MSc in International Business from Aarhus University.