Danish wind giant Orsted replaces its CEO

Danish wind giant Orsted replaces its CEO with shares down 83% and Trump pressures looming
Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S. now.
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 Danish renewable energy company said on Friday as it seeks to arrest an 83% slump in its share price since its 2021 peak.
Orsted Replaces CEO as Wind Industry Faces Challenges
The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.
Ørsted makes CEO change as offshore wind industry faces steep challenges
Ørsted ( 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, previously served as interim CFO, regional head of Europe, CFO for the offshore business unit, and head of M&A.
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.
Renewables group Orsted replaces CEO as offshore wind industry struggles
OrstedOrsted announced on Friday it's replaced its CEO Mads Nipper with company insider, Rasmus Errboe. :: OrstedThat’s as the Danish renewables company seeks to revive a sinking share price which has slumped 83% 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".
Citi Sticks to Their Hold Rating for Orsted (DOGEF)
Citi analyst Jenny Ping maintained a Hold rating on Orsted (DOGEF – Research Report) today and set a price target of DKK300.00. The company’s ...
Size of wind farm reduced after public feedback
The firm said, in response to the feedback, there would now be a total of 87 turbines, 13 fewer than originally planned, and ...
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.
Rasmus Errboe is appointed CEO of Ørsted replacing Mads Nipper who steps down as CEO
Today, Ørsted’s Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down ...
Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the ...
Orsted ousts CEO, appoints company insider as new boss
Denmark's Orsted said on Friday its CEO Mads Nipper would step down and be replaced by company insider Rasmus Errboe in a bid ...
Ørsted to present its annual report for 2024 on February 6
Ørsted A/S (Orsted) Ørsted to present its annual report for 2024 on February 6 30-Jan-2025 / 17:04 CET/CEST 30.1.2025 17:04:45 CET | Ørsted A/S | Investor News ...
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Nipper out as Orsted CEO as board says 'focus has shifted'
Mads Nipper has left his post as CEO of global renewable energy giant Orsted amid what the company’s chairman called a “shift ...