DONG CEO Eldrup to Resign

Anders Eldrup will resign from his role as CEO of DONG Energy. He will do so by mutual consent.

Fritz Schur, Chairman of the Board of Directors, stated, "Anders Eldrup has made a huge contribution to DONG Energy for eleven years and is handing over a strong, well-run company. I wish him good luck with his new challenges."

Fritz Schur stressed that the management change will have no effect on DONG Energy's strategy, "Our strategy and investment program are sound, so the strategic direction will continue unchanged. We will also maintain our ambitious target to double earnings in 2015 compared with 2009."

Carsten Krogsgaard Thomsen, CFO, has been appointed as acting CEO. A process has been set in motion to identify a new CEO.