Change of Management at Siemens Gamesa: Andreas Nauen Replaces Markus Tacke as CEO
Zamudio, Spain - The wind turbine manufacturer Siemens Gamesa has a new boss. According to Siemens Gamesa, the Board of Directors of Siemens Gamesa Renewable Energy and Markus Tacke have mutually agreed to terminate his CEO contract effective June 17, 2020.
The Company also points out that, based on the assessment of management, project costs and the financial impact of COVID-19 disruptions will result in a negative EBIT in the third quarter, before PPA and integration & restructuring costs. The anticipated positive EBIT in the fourth quarter is not expected to completely offset the negative development for the full fiscal year.
Source: IWR Online, Jun 06 2020