Winter named president of Danfoss Power Solutions

Danfoss announced that Daniel Winter has been named president of Danfoss Power Solutions. He succeeds Eric Alström who has decided to seek new challenges outside the company after 12 years with Danfoss, the company said. Winter will join the Danfoss Group executive team and take over as president of Danfoss Power Solutions on Jan. 1, 2025.

Daniel Winter, Danfoss Power Solutions. (Photo: Danfoss)

Winter currently serves as chief financial officer for Danfoss Power Solutions, where the company said he plays a critical role on the Power Solutions Leadership Team (PSLT), driving the financial strategy and ensuring solid segment performance during strong growth and challenging market conditions.

“While the market presents challenges, we’re prepared to navigate them and take Power Solutions to the next level,” Winter said.

Winter previously served as senior vice president, head of Finance Functions, for Danfoss Group from 2017 to 2020, and as senior vice president, Finance and Controlling, at Sauer-Danfoss from 2013 to 2017. He holds a master’s degree in managerial economics, controlling and tax from Friedrich-Alexander-Universität Erlangen-Nürnberg in Germany.

Kim Fausing, Danfoss president and CEO, said Winter will ensure continuity and keep Danfoss on track regarding its long-term growth plans.

“Daniel brings a wealth of experience, having spent most of his career with Danfoss and Danfoss Power Solutions,” Fausing said. “He shares our ambitions and passion for the mobile and industrial hydraulics business and will, together with the PSLT, develop the business further with our customers.”

Fausing also thanked Alström for his dedication, leadership and  contributions to Danfoss and Danfoss Power Solutions over the past 12 years. 

“Danfoss has transformed tremendously since I joined 12 years ago, especially in the last five years,” Alström said. “Merging the Eaton Hydraulics team with the Power Solutions team has been the highlight of my career. Many former Eaton colleagues said it felt like coming home, making the integration much smoother, and the rest of us felt the same way. Together, we’ve solidified our role as a leader in hydraulics, which remains core to Danfoss.”

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