Orsted replaces 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 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.
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.
Orsted CEO Steps Down After Failing to Turn Around Wind Firm
Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of significant writedowns over the past few years.
Renewables group Orsted replaces CEO to arrest share price slump
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.
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.
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 After Failure to Turn Around Wind Firm
Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns over the past few years on both sides of the Atlantic and a steep slump in the share price.
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 from his position as Group President and CEO of Ørsted.
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.
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Orsted’s Nipper: A Danish CEO who met his downfall in the US
Analysts say Nipper was 'victim of circumstances,' not least Trump’s recent re-election in the US, but ultimately has himself ...
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.
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 ...
Orsted, PGE finalise decision to invest in wind farm off Poland
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday.
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Ørsted’s Greater Changhua 4, Taiwan
Danish renewable energy developer Ørsted achieved a significant milestone in December 2024 by reaching financial close on its ...
Why Norway’s trillion-dollar fund remains committed to renewable energy
Despite recent market setbacks, Norway’s $1.8 trillion sovereign wealth fund, the world’s largest, remains committed to investing in renewable energy assets and will seek opportunities in both listed ...