Building DK Building SE Electronics DK Energy DK Food DK Food SE Metal Metal DK Metal NO Metal SE Retail DK Wood DK
 

Chaos in Vestas: CFO gets fired and top Board members quit

- By Charlotte Stubben

Vestas announced late on Tuesday that its chief financial officer, Henrik Norremark, resigned because of recent profit warnings.

"The board of directors of Vestas Wind Systems A/S has received a thorough briefing on the conditions which during the last months have led to profit warnings," the company said in a statement. "As a consequence of this, CFO and deputy CEO, Henrik Norremark, resigns."

The statement provided no further details.

Read more: Vestas wins 42 MW order in Poland

The announcement that Norremark, who was designated last month to become chief operating officer, had quit came on the eve of Vestas' fourth-quarter report.

Read more: Vestas: Cancellation of order in Brazil

Furthermore, Chairman Bent Erik Carlsen, Deputy Chairman Torsten Erik Rasmussen and board member Freddy Frandsen also will not stand for re-election.

Read related article Vestas worse off than predicted one month ago on Metal Supply.

Write Comment
Popular Articles

Sign up for our newsletter
Already 11,396 subscribers.
View the latest newsletter.
Follow us on:

Mr Klesch reveals part of his plans for Tata Steel Europe long product future

October 21, 2014 7:10 AM

Scunthorpe Telegraph reported that a deal to sell Tata Steel's European long products business including Scunthorpe steelworks could be completed by next April.

Tata Steel’s European business signs MoU regarding its Long Products Europe business

October 20, 2014 11:06 AM

Tata Steel has announced the signing of a Memorandum of Understanding with Klesch Group to undertake detailed due diligence and negotiations for the potential sale of its Long Products Europe business and associated distribution activities.

SKF to invest SEK 220 million in Kaydon production facility in Brazil

October 13, 2014 7:00 AM

SKF has announced that it is investing around SEK 220 million in a new factory at its existing SKF Campus in Cajamar, Brazil.


See allNews from the companies

AP&T collaborating with North American tool manufacturer DTG

October 15, 2014 12:04 PM
AP&T

AP&T is intensifying its collaboration with Diversified Tooling Group (DTG), which is one of the largest manufacturers of press tools in the U.S.

Troax BV exhibits on IT ROOM INFRA 2014

October 14, 2014 9:29 AM
Troax Nordic AB

The 6th of November the annual IT Room Infra Event takes place for the first time in Den Bosch.

Come and see the PALOMAT at Logistics 360 in Nantes.

October 15, 2014 9:20 AM
BILA A/S

The Logistics 360 fair takes place the 16. - 17. October in Nantes, France. Meet our dealer Liftop in hall XXL, stand I12.

October 8, 2014
October 7, 2014
October 6, 2014
October 2, 2014
September 29, 2014
September 25, 2014
September 24, 2014
September 23, 2014
September 22, 2014
September 19, 2014
September 18, 2014