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Orsted ( (DOGEF) ) has provided an announcement.
Ørsted has announced the appointment of Rasmus Errboe as the new Group President and CEO, effective 1 February 2025, replacing Mads Nipper. The change in leadership comes amid significant challenges in the renewable energy market, including supply chain issues and regulatory changes, prompting a strategic shift in focus. Errboe, who has been with Ørsted since 2012 and currently serves as the Deputy CEO and Chief Commercial Officer, brings extensive experience in the energy sector and is expected to guide the company through these challenges, continuing its commitment to green energy and enhancing value for stakeholders.
More about Orsted
Ørsted is a leading company in the renewable energy sector, focusing on the development, construction, and operation of offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Recognized as a global leader in climate action, Ørsted’s vision is a world powered entirely by green energy. Headquartered in Denmark, Ørsted employs approximately 8,400 people and is listed on Nasdaq Copenhagen.
YTD Price Performance: -21.29%
Average Trading Volume: 861
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.78B
See more data about DOGEF stock on TipRanks’ Stock Analysis page.
