Nordex exchanges CEO

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On Friday, the Supervisory Board has appointed José Luis Blanco to succeed Lars Bondo Krogsgaard as CEO of the Company. Nordex SE presented record sales and profits in 2016, and increased market share significantly. However, the company disappointed the market with its recent publication of its 2017/18 forecast, and this had substantial negative share price effect.

Lars Bondo Krogsgaard: “Nordex is fundamentally stronger than ever, but our credibility has suffered as a consequence of the outlook, and this follows a period, where our handling of communication matters has been criticized. This is, ultimately, my responsibility, and I have therefore proposed to the Supervisory Board that I am released from my contract on mutually acceptable terms in the Company’s best... ... More: Official Press Release Nordex

Keywords:

Nordex, Acciona, CEO, Lars Bondo Krogsgaard, José Luis Blanco