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.
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.
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.
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 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.
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 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.
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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 ...
Ørsted chief Mads Nipper to leave
Ørsted has replaced chief executive Mads Nipper as the world’s largest offshore wind developer faces deepening challenges in the US market and persistent disruptions to its supply chains.
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 ...
Renewable Energy World6h
Global wind developer replaces CEO amid turbulent times for turbines
CEO Mads Nipper will step down and Rasmus Errboe, current deputy CEO and CCO, will assume his position with the company.
Offshore wind developer axes boss as net zero stutters
Britain’s biggest offshore wind developer has replaced its chief executive as the global shift to net zero falters.
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." ...