16.06.2014 10:05:02 CET

LM Group Holding A/S's Chief Financial Officer (CFO), Damien Harte resigns from Board of Directors to be replaced by Nick Smith

Company announcement 5/2014

June 16, 2014, Damien Harte will resign from his position in the Board of Directors of LM Group Holding A/S. Following a successful re-financing of the company, Damien Harte will step down by mutual agreement from his role and support a managed transition of the financial leadership.

He will be replaced by Nick Smith. Nick is British and a Chartered Accountant who has over 30 years of finance experience. He has previously worked as CFO in both public and private equity-owned, large, multinational groups, including global manufacturers like SAFT and Ilford, as well as at PricewaterhouseCoopers.

"We would like to thank Damien Harte for his commitment, dedication and performance over the last three years and most recently his outstanding achievement with our successful re-financing," said Leo Schot, Chief Executive Officer. "We welcome Nick to LM Wind Power and recognize that he brings extensive experience and expertise to support our future plans and further long term value creation." 

For further information please contact Christopher Springham, VP, Global Communications & HR, at +31 6 14814919 or Lene Mi Ran Kristiansen, Manager, Global Communications, at +45 5138 8236,

LM Group Holding A/S, www.lmwindpower.com