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’s departing CEO Mads Nipper was dealt bad cards but ultimately has himself to blame for poor decision making over the Danish developer’s US offshore wind expansion, say analysts, who point to a ...

Mads Nipper is to 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. He is to be replaced ...

That’s as the Danish renewables company seeks to revive a sinking share price which has slumped 83% since its 2021 peak. The company's troubles reflect the changing fortunes of wind power ...

Offshore wind giant Orsted has dumped its chief executive as it looks to reverse the 80 per cent collapse in its share price that he oversaw. Orsted, which operates 12 wind farms in the UK ...

(Bloomberg) -- 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 ...

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 said Mads Nipper would ...

Orsted said Mads Nipper would step down as chief executive on Saturday after four years on the job, with the board appointing 13-year company veteran Rasmus Errboe, the deputy CEO and chief ...

Mads Nipper is stepping down as Orsted's CEO. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and ...

Orsted is parting ways with Chief Executive Officer Mads Nipper as the Danish wind energy group grapples with supply-chain bottlenecks, high financing costs and U.S. President Trump’s opposition ...

Orsted chief executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said today, as it seeks to arrest an 83% slump in its ...

(Il Sole 24 Ore Radiocor) - Milano, 31 gen - The Danish renewable energy group Orsted said that its board has appointed Rasmus Errboe, current deputy CEO and chief commercial officer, as president ...