Siemens Gamesa Renewable Energy SA replaced its chief executive officer after project delays and cost overruns led to profit warnings at the subsidiary of Siemens Energy AG.
Jochen Eickholt, a Siemens Energy executive board member, will succeed Andreas Nauen as CEO on March 1. Eickholt, 60, has a track record of restructuring struggling businesses and will be charged with fixing the issues that have plagued Siemens Gamesa.
“His proven ability to turn around underperforming businesses and his vast leadership experience will be key elements to successfully implement the necessary changes and improvements at Siemens Gamesa,” Siemens Energy chairman Joe Kaeser said in
Siemens Gamesa Renewable Energy S.A. (OTCPK:GCTAF) Q1 2022 Earnings Conference Call Feb 03, 2022 02:30 AM ET Company Participants Andreas Nauen - CEO Beatriz Puente - CFO Miguel Angel López.
MADRID (Reuters) -Struggling wind turbine maker Siemens Gamesa on Wednesday named a new chief executive for the second time in less than two years, just over 10 days after issuing