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Jørgen Holm Westergaard was CEO of Energi Danmark for 23 years.
Foto: Bo Amstrup/Ritzau Scanpix

Media: Energy director quits after dispute over his own bonus

Jørgen Holm Westergaard left Energi Danmark after a disagreement between him and the board of directors about his own bonus for 2022.
4. APR 2023 15.45

It was a dispute over his own bonus that was the main reason why Jørgen Holm Westergaard had to leave Energi Danmark back in February after 23 years in the chair, Finans writes.

In recent weeks, the management of Andel and Energi Danmark has distanced itself from the bonuses that the resigned director entered into an agreement with three energy traders. They were each offered a bonus of around a quarter of a billion kroner.

Finans has learned from sources that it was not the three agreements that led Energi Danmark to enter into a severance agreement with the director in February. It was primarily his own bonus, which was supposed to be in the three-digit million range.

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https://www.doi.dk/en/vindkraft/artikel/medie-energidirektoer-roeg-ud-efter-strid-om-sin-egen-bonus

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