EnergyWatch

Media: Dismissed Vestas exec received settlement worth USD 4.5 million

On behalf of Vestas, an Indian partner paid out a huge sum to the former CFO, reveal confidential settlement documents according to Danish newspaper Børsen.

Photo: Vestas

USD 4.5 million plus court costs worth USD 132,000 have been awarded to Vestas' former CFO Henrik Nørremark, arising from a settlement between the two parties which was reached the day before a court case should have been launched last February.

This is according to Danish newspaper Børsen, on the basis of settlement documents accessed by the media.

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