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Former Energi Danmark CEO: I don't feel like a villain

13. JUL 2023 10.32
Energi
Økonomi

Energi Danmark, like many other energy traders, achieved a record profit in 2022. In the case of Energi Danmark, it amounted to 11.3 billion. DKK. Yet the company's director of almost 24 years, Jørgen Holm Westergaard, left the company in February, without the reason being disclosed.

Shortly afterwards, however, Finans revealed that three employees in the company had earned bonuses of 250 and 300 million. DKK per person. These were bonus agreements that the board of directors refused to pay out and indicated that Jørgen Holm Westergaard had entered into the agreements without their knowledge. In an interview with Finans, which was conducted under an agreement not to discuss severance pay and bonuses, Jørgen Holm Westergaard nevertheless gives a brief statement about his resignation.

- I can only say that I probably would not have been a director for almost 24 years if I did not know the business procedures, he says, but elaborates: 

- I do not feel like a villain.

The three newly fired employees have taken Energi Danmark to court to get their bonuses paid. The employees' claims amount to over 900 million DKK 

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https://www.doi.dk/en/vindkraft/artikel/forhenvaerende-energi-danmark-direktoer-jeg-foeler-mig-ikke-som-en-skurk

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