Daniel Winter joined the Danfoss Group executive team and took over as president of Danfoss Power Solutions on January 1. Winter succeeds Eric Alström who, after 12 years with Danfoss, decided to seek new challenges outside the company. Alström spoke with partner publication Power & Motion about the future of hydraulics in October 2024.
Winter previously served as chief financial officer (CFO) for Danfoss Power Solutions, where he played a critical role on the Power Solutions leadership team.
“I’m excited to build on our strong foundation, great products and solutions, excellent customer relationships and a fantastic and talented team with a history of delivering great results,” Winter said. “While the market presents challenges, we’re prepared to navigate them and take Power Solutions to the next level.”
Before his position as CFO, Winter 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.
“I am very proud to announce that Daniel will join the Danfoss Group executive team and take over the role of segment president of Danfoss Power Solutions. He will ensure continuity and keep us on track for our long-term growth plans,” said Kim Fausing, Danfoss president and CEO. “Daniel brings a wealth of experience, having spent most of his career with Danfoss and Danfoss Power Solutions. 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. I would like to thank Eric for his dedication, strong leadership, and great contributions to Danfoss and Danfoss Power Solutions over the past 12 years. We wish Eric every success in the future and Daniel all the best in his new role.”
Alström joined Danfoss in 2012 as president and CEO of Sauer-Danfoss.
“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. Danfoss is a very special company, and I will always value our clear purpose, long-term strategic vision and strong DNA and culture.”
