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Vestas Chairman Plans No Change of Management, Berlingske Says

Vestas Wind System A/S (VWS) Chairman Bent Carlsen has no plans to step down or change the management at the wind-turbine maker, whose stock lost 65 percent last year, Berlingske quoted him as saying in an interview.

The industry is facing challenges and investors shouldn’t confuse a bad market with bad leadership, Carlsen said, according to the Copenhagen-based newspaper.

“If management shows action and a will to change things, then that’s good enough,” the newspaper quoted him as saying.

To contact the reporter on this story: Christian Wienberg in Copenhagen at cwienberg@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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