World's biggest wind power firm reported heavy losses after cancelling two US projects.
Ørsted has overhauled its top management as the world's largest offshore wind developer attempts to restore investors' confidence after abandoning projects ...
In a brief update issued on Tuesday morning the Danish wind developer said chief financial officer (CFO) Daniel Lerup and chief operating officer (COO) Richard ...
Denmark's Orsted said on Tuesday its finance and operations chiefs were stepping down with immediate effect after the offshore wind farm developer earlier ...
Ørsted's Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, according to the offshore wind ...
In the wake of the troubles with its offshore wind projects, Ørsted A/S (CPH:ORSTED) is parting ways with its chief financial and chief operating officers.
Orsted A/S's chief Mads Nipper dismissed two top executives as the company fights to recover from huge writedowns connected to abandoned projects.
By mutual agreement, two members of executive management are stepping down and leaving Ørsted with immediate effect.
The two executives are departing as the offshore wind industry flounders among rising interest rates, narrowing margins and challenged supply chains.