Danish wind giant Orsted replaces its CEO

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".
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 Wind Industry Faces Challenges
Orsted is parting ways with Chief Executive Officer Mads Nipper as the Danish wind energy group grapples with supply-chain bottlenecks, high financing costs and U.S. President Trump’s opposition ...
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.
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.
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,
Ørsted replaces CEO amid upheaval in offshore wind industry
Mads Nipper, who has led multinational energy giant Ørsted since January 2021, will be replaced by Rasmus Errboe, the current deputy CEO and chief commercial officer. The company is building the Revolution Wind project off the Rhode Island coast.
Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
Shell withdraws from big N.J. wind farm that Trump wanted ‘dead and gone’
Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New ...
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Dominion's 2.6GW Virginia offshore wind array steams ahead with first substation amid Trump turbulence
Despite President’s order that freezes most sector activity, utility is "confident CVOW will be completed on-time, and that ...
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 ...