ODSHERRED: Odsherred Forsyning's CEO, Fanny Villadsen, has resigned because she has a new job on June 1st. The company announces this.
The resignation comes at the same time that the city council on Tuesday gave its nod to a recommendation from mayor Karina Vincentz (Nyt Odsherred) and the municipal director that Susan Münster be appointed as the new chairman of the board of Odsherred Forsyning.
The situation for the company has long been turbulent and stems from serious financial problems in a district heating project in the southern part of the municipality.
Director: Fresh forces are needed
The outgoing director will leave it to others to find the best solutions for the company.
- It is clear to me that the new board should choose their own director, says Fanny Villadsen, who makes her knowledge available to the incoming director and chairman of the board.
Fanny Villadsen has held various positions since 2013 in Odsherred Forsyning, before she became CEO in 2019.
While she was on maternity leave in 2022-2023, a former CFO was appointed CEO, and serious errors in his calculations were subsequently revealed.
The CFO was initially fired in January. This was shortly afterwards changed to an expulsion, on the grounds that he had violated the company's internal guidelines. In March, a legal investigation was launched and a police report was filed.
The previous chairman resigned in April, the third politician in a short time. Already in March, he noted that the board had not been presented with the real financial basis of the district heating project and that the tariffs would increase.
The construction costs were initially estimated at 950 million. DKK, but has been adjusted upwards in two rounds, so that it now stands at DKK 1.6 billion. The problems in the utility company will have an impact on the municipality's finances.
Currently, negotiations are underway with creditors Nordea and Kommunekredit, where the municipality has provided a guarantee for the district heating project of 576 million kroner.
Mayor: We must stand together
At the city council meeting on Tuesday, Mayor Karina Vincentz advocated that everyone stand together to get Odsherred Forsyning back on its feet.
- We need to get good skills onto the board, she said, emphasizing that this is an extraordinarily difficult situation that will have an impact on the municipality's finances and on the many citizens who depend on the company's services.
Susan Münster is currently director of the trade association Danske Vandværker and was previously director of Holbæk Forsyning. Niels Larsen, director of the association Decentral Energi, is being nominated as a new board member along with her.
The last vacant board seat is waiting for the board to find out what competencies it lacks.
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