Orsted A/S (OCSE:ORSTED)

kr 404.2 -6.2 (-1.51%) Market Cap: 169.86 Bil Enterprise Value: 220.75 Bil PE Ratio: 0 PB Ratio: 2.08 GF Score: 75/100

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Orsted A/S to Discuss Henrik Poulsen Resignation and Steps Down as CEO Call Transcript

Jun 15, 2020 / 05:00PM GMT

Release Date Price: kr752.2 (+0.40%)

Transcript

Operator

Welcome to the Ãrsted conference call. (Operator Instructions) Today's speakers are: Chairman of the Board of Directors, Thomas Thune Andersen; CEO, Henrik Poulsen; and CFO, Marianne Wiinholt. Speakers, please begin.

Thomas Thune Andersen;Chairman of the Board

This is Thomas Thune Andersen. Thank you. And good afternoon, everyone. We are invited to this call following our announcement that Henrik Poulsen has resigned as CEO of Ãrsted. I'll give you an update of the situation before I hand over the word to Henrik.

After 8 years in the row, Henrik Poulsen has today resigned as CEO of Ãrsted. During his tenure, Henrik has led a profound and highly successful transformation of Ãrsted over the past 8 years from a Danish fossil fuel energy company to a global leader in renewable energy. Having completed the corporate transformation and established a strong global growth platform in renewable energy, Henrik has come to the conclusion that it is the right time for him to resign as CEO of Ãrsted. In the Board of Directors, we regret Henrik's decision

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