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 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.
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.
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.
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.
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 ...
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 ...
Trump executive order delivers a blow to wind-energy industry; Orsted sees setbacks on Sunrise Wind
The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...
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 ...
Ørsted appoints Rasmus Errboe as new CEO
Danish energy company Ørsted A/S has announced a leadership change with Rasmus Errboe set to take over as Group President and CEO, succeeding Mads Nipper, effective February 1, 2025. The transition ...