Finance
Equinor picks CEO of energy trader as new head of gas and power division
Published by Global Banking & Finance Review®
Posted on June 17, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 17, 2025
1 min readLast updated: January 23, 2026
Equinor appoints Helle Ostergaard Kristiansen as head of its gas and power division, succeeding Helge Haugane. Jakob Sorensen takes over as CEO of Danske Commodities.
COPENHAGEN (Reuters) -Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor, the trading house said on Tuesday.
Danske Commodities' Chief Financial Officer Jakob Sorensen, who joined the company 20 years ago as a power trader, will take over as new CEO as of September 1, it said in a statement.
Kristiansen replaces Helge Haugane who in April was named head of a new Equinor business area formed by the group's power assets.
Danske Commodities, which specialises in power and gas trading, is active in more than 40 countries, including Australia, the United States, Brazil, Japan and all major European markets.
(Reporting by Stine Jacobsen, editing by Terje Solsvik)
Helle Ostergaard Kristiansen, the CEO of Danske Commodities, will step down to become the head of the gas and power unit of Equinor.
Jakob Sorensen, the Chief Financial Officer of Danske Commodities, will take over as the new CEO starting September 1.
Kristiansen was the CEO of Danske Commodities before her appointment as head of Equinor's gas and power division.
Danske Commodities specializes in power and gas trading and operates in more than 40 countries worldwide.
Kristiansen replaces Helge Haugane, who was named head of a new Equinor business area formed by the group's power assets.
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