Siemens Gamesa’s CEO Resigns After Run of Profit Warnings
- Jochen Eickholt to take over from Andreas Nauen from March
- Siemens Gamesa suffered from project delays, material costs
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Siemens Gamesa Renewable Energy replaced its chief executive officer after project delays and cost overruns led to profit warnings at the wind-turbine 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.