Nordex SE's Supervisory Board has appointed José Luis Blanco, the current COO of the company, as new CEO. He is to succeed Lars Bondo Krogsgaard who will be leaving the company with effect from March 31, 2017. After recent disappointment with the company's 2017/2018 expectations, Mr. Krogsgaard had proposed to leave the company prematurely by mutual consent in the company's best interest. His proposal was accepted and agreed to by the Supervisory Board with regret.