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CEO steps down from Nordex

The share market's dwindling belief in the company has pushed Lars Bondo Krogsgaard to leave the position of CEO at Nordex. His replacement will come from internally. 

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Danish executive Lars Bondo Krogsgaard is stepping down from the post of CEO at German wind turbine manufacturer Nordex after dwindling faith in the company.

According to the company, the board has nominated Jose Louise Blanco as the successor, who has served as vice president and chief operating officer of Nordex since April last year.

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