Danish wind giant Orsted replaces its CEO

Renewables Giant Orsted Replaces CEO as Offshore Wind Troubles Persist
Orsted, the world's leading offshore wind developer, appoints new CEO to navigate a challenging market with supply chain issues, rising costs, and regulatory uncertainty.
Orsted replaces CEO as offshore wind industry struggles
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.
Offshore wind power giant Orsted changes CEO
Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation".
Danish wind giant Orsted replaces its CEO with shares down 83% and Trump pressures looming
Orsted’s shares have fallen 83% since its peak four years ago. “The impacts on our business of the increasingly challenging situation in the offshore wind industry, ranging from supply chain ...
Orsted Replaces CEO Mads Nipper as It Grapples With Offshore Wind Challenges
The renewable-energy company said it is shifting focus in the face of increasing challenges buffeting the industry, with deputy CEO Rasmus Errboe to take the helm on Feb. 1.
Ørsted makes CEO change as offshore wind industry faces steep challenges
(OTCPK:DNNGY) said Friday that CEO Mads Nipper will step down effective February 1, to be replaced by current deputy chief executive and chief commercial officer Rasmus Errboe. Erboe, who joined Ørsted (OTCPK:DNNGY) in 2012,
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Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy
Orsted has been a driving force in many U.S. offshore wind projects, including some of the first to begin producing power off the coast of New England. In a statement Thursday, Orsted Chair ...
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Orsted’s Nipper: A Danish CEO who met his downfall in the US
Orsted’s departing CEO Mads Nipper was dealt bad cards but ultimately has himself to blame for poor decision making over the Danish developer’s US offshore wind expansion, say analysts, who ...
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Wind farm giant Orsted’s chief executive quits
The Danish company is behind many of the UK’s offshore wind farms but has struggled with rising costs in other countries. Orsted is one of the biggest offshore wind developers serving the UK ...