Orsted Picks Maersk Veteran as CFO as Turnaround Gathers Pace
- Trond Westlie joins with experience from large Nordic firms
- Orsted also names a new COO as part of management change
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Orsted A/S appointed Trond Westlie, an executive veteran who has worked at some of Scandinavia’s biggest companies, as its new chief financial officer as the world’s biggest offshore wind developer tries to emerge from last year’s massive losses.
Westlie, 62, has served as CFO at A.P. Moller-Maersk A/S, Telenor ASA and Aker Kvaerner ASA and is currently chairman at Arendals Fossekompani, a Norwegian industrial investment company, the Danish firm said in a statement on Tuesday. He will start on April 1, the same day as a new chief operating officer, also announced on Tuesday.