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Tom Darell is responsible for leading, managing and orchestrating Nord Pool through the Executive Leadership Team, consisting of representatives for all function areas in the company. He joined Nord Pool as Chief Executive Officer on 1 April 2022 and reports to Camille Beudin, Head of Strategic Development and M&A at Euronext.
Tom was previously Executive Vice President for Energy in Volue. Prior to this he held the position of Executive Vice President for Energy in Powel, as well as executive positions at Avaya and at Ericsson, where he served as Vice President Sales for their Southeast Asia and Oceania operations. He started his career in Gemini Consulting and Cap Gemini in Oslo where he led the Telecom & Media practice. He holds a Master of Business Administration from IESE Business School in Spain and a Bachelor of Science in Business Administration from the University of Oregon.
Tom highly values Nord Pool's diverse team, spread across many European countries and is making use of his background working in different countries with a variety of cultures.
“Our key asset is our people, so I do my best to be a hands-on and a supportive leader. I also try to leverage the experience I have from international business development, strategy formulation, operational excellence, sales management, people and team development.”
The CEO’s extensive expertise in technology companies is highly pertinent to Nord Pool, as the organisation enhances its core systems in alignment with business expansion, customer demands and market and regulatory mandates.
“We believe the power market is going to change over time. We will develop our business accordingly and are therefore prepared to expand beyond the current realm of physical power markets as we know them today,” he says.
Being the first power exchange in the world, Nord Pool has played a central role in the development of the integrated European power market.
“Our ambition is to be the leading European power market exchange, by being relevant to market participants and by playing our role in enabling the energy transition towards a net zero emission future.”
Amid a significant energy transition in Europe, the societal importance of energy markets is further emphasised by Tom.
“We, as a power exchange, work closely with governments, the EU, politicians, power producers, Transmission System Operators and regulators to ensure a well-functioning market. That means a market which can grant access to renewable power while simultaneously phasing out fossil technologies. I am excited and honoured to be part of an ecosystem that is hugely important for future societies."
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