Ørsted reorganizes with top level staff changes

Two of Ørsted's top executives are leaving the utility as the group cuts further into certain business areas to make even more room for renewables.

Photo: Gregers Tycho/ERH

Ørsted Chief Executive Mads Nipper is carrying out his first big staff reshuffle after taking over the power company's reins.

The newly appointed CEO announces a change in organizational structure and at the same time reorganizes personnel, including the second-in-command. This means saying goodbye to Markets & Bioenergy CEO Morten Buchgreitz. Because his division – which has been going through big changes and consolidation in recent years – has "completed [...] strategic streamlining", the executive has decided to leave Ørsted effective from Feb. 4.

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