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.
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.
Wind giant Orsted ousts boss in bid to reverse 80%c share price fall
Offshore wind giant Orsted has dumped its chief executive as it looks to reverse the 80 per cent collapse in its share price that he oversaw. Orsted, which operates 12 wind farms in the UK, said Mads Nipper will be replaced by deputy Rasmus Errboe today. Nipper took charge in January 2021.
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.
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".
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 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 ...
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 ...
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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 point to ...
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 ...
Ørsted and PGE take final investment decision on Baltica 2 Offshore Wind Farm
Baltica 2 is expected to be fully commissioned by the end of 2027. Ørsted and PGE are responsible for the full scope of the wind farm, including offshore transmission and substations. Baltica 2 will ...
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 ...