Danish wind giant Orsted replaces its CEO

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.
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 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". "The impacts on our business of the increasingly challenging situation in the offshore wind industry,
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.
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.
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