Rapidly growing wind energy firm replaces CEO

K2 Management aims to continue recent years of growth and wants to double profitability ahead to 2021 under a new chief executive, who does not have much in the way of solar and wind energy on his otherwise extensive resumé. That is no hindrance, says board chair.

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Danish K2 Management is getting a new chief executive. The firm, which provides consultancy services for solar and wind energy projects in particularly, has hired Danish utility Vestforsyning's CEO Jørn Zielke for the position, following Henrik Stamer's resignation in late October.

This executive replacement comes after a series of years with constant, substantial growth. From a gross result of DKK 17 million (EUR 2.28 million) in the fiscal year 2013/'14, K2's result last year was has multiplied almost tenfold, while the profit of almost DKK 20 million was practically equal to the aggregated annual profits from the rest of the firm's 11-year existence.

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