Ørsted

2023 - 11 - 14

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Image courtesy of "The Guardian"

Wind developer Ørsted bosses exit after £3bn-plus failure (The Guardian)

World's biggest wind power firm reported heavy losses after cancelling two US projects.

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Image courtesy of "Financial Times"

Ørsted shakes up management team after shelving US projects (Financial Times)

Ørsted has overhauled its top management as the world's largest offshore wind developer attempts to restore investors' confidence after abandoning projects ...

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Image courtesy of "Energy Voice"

Ørsted execs step down after US wind cancellations (Energy Voice)

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 ...

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Image courtesy of "Reuters"

Orsted's finance and operations chiefs out after big losses (Reuters)

Denmark's Orsted said on Tuesday its finance and operations chiefs were stepping down with immediate effect after the offshore wind farm developer earlier ...

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Image courtesy of "Offshore WIND"

Ørsted Reshuffling Exec Team Amid 'Challenging Business ... (Offshore WIND)

Ørsted's Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, according to the offshore wind ...

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Image courtesy of "Renewables Now"

Ørsted changes CFO, COO in rough times for wind projects (Renewables Now)

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.

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Image courtesy of "Bloomberg"

Orsted CEO Ousts Top Executives After $4 Billion Impairment (Bloomberg)

Orsted A/S's chief Mads Nipper dismissed two top executives as the company fights to recover from huge writedowns connected to abandoned projects.

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Image courtesy of "Offshore Oil and Gas Magazine"

Ørsted makes changes to its C-suite team (Offshore Oil and Gas Magazine)

By mutual agreement, two members of executive management are stepping down and leaving Ørsted with immediate effect.

Orsted CFO, COO step down following large losses (CFO Dive)

The two executives are departing as the offshore wind industry flounders among rising interest rates, narrowing margins and challenged supply chains.

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