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EQS-News: Nordex SE / Key word(s): Personnel
Nordex Group appoints new CEO for the Division North America to strengthen US business
2024-04-29 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
Hamburg, 29 April 2024. The Nordex Group is expanding its activities in the USA and has appointed Manav Sharma as CEO
of the business in North America, with effect from 1^st June,2024. Mr. Sharma has a long-standing experience of 16
years within the industry, having already served in various senior management positions before joining Nordex. Prior to
his current role as the Nordex Group's Chief Transformation Officer, in his position as Chief Operations Officer (COO),
Mr. Sharma was responsible for the Company's global operations.
John McComas, who has been leading activities in the North American region since April 2021, will assume the newly
created position of COO North America.
In his new role, Mr Sharma will be responsible for the expansion of the Nordex Group's US business: In March, the
company announced that it is currently working on the launch of a turbine specifically tailored to the requirements of
the American market. As early as mid of this year, the company plans to announce a turbine variant with an optimized
capacity factor for US project conditions, designed to significantly increase yield in pure grid constrained projects.
A second key element of the Company's growth strategy in the US is the expansion of local supply chains to ensure US
customers continue to benefit from local manufacturing credit. This will allow the Group to take advantage of the
growing market volume expected in the coming years.
"Having strengthened our market position in Europe, we will now add focus on our efforts in the North American arm of
our business," explains José Luis Blanco, CEO of the Nordex Group. "The appointment of Manav Sharma, a highly
experienced and valued colleague of our global Executive Management Team, reflects the strategic importance of North
America for us. With he and his team leading the launch of our US-turbine and accelerating the on-going supply chain
transformation, we will be well-positioned to benefit from expected growth in both the US and Canadian markets."
About the Nordex Group
The Group has installed around 50 GW of wind power capacity in over 40 markets in its corporate history and generated
consolidated sales of around EUR 6.5 billion in 2023. The Company currently has more than 10,000 employees. The Group's
manufacturing network includes factories in Germany, Spain, Brazil, India, USA (mothballed) and Mexico. Its product
portfolio is focused on onshore turbines in the 4 to 6 MW+ classes which are designed to meet the market requirements
of countries with limited available space and regions with limited grid capacity.
Contact person for press:
Nordex SE
Felix Losada
Telephone: +49 (0) 40 30030 1141
E-mail: flosada@nordex-online.com
Contact for investors:
Nordex SE
Felix Zander
Phone: +49 (0) 152 0902 4029
E-mail: fzander@nordex-online.com
2024-04-29 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:     English 
Company:      Nordex SE 

Erich-Schlesinger-Straße 50
18059 Rostock
Germany

Phone:        +49 381 6663 3300 
Fax:          +49 381 6663 3339 
E-mail:       investor-relations@nordex-online.com 
Internet:     www.nordex-online.com 
ISIN:         DE000A0D6554 
WKN:          A0D655 
Indices:      MDAX, TecDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1890857

End of News EQS News Service
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1890857 2024-04-29 CET/CEST

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END) Dow Jones Newswires

April 29, 2024 01:30 ET (05:30 GMT)