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    Home > Finance > Shell executive steps down to lead Orsted's US offshore wind
    Finance

    Shell executive steps down to lead Orsted's US offshore wind

    Published by Global Banking & Finance Review®

    Posted on December 17, 2024

    2 min read

    Last updated: January 27, 2026

    Image of Shell CEO Wael Sawan during a presentation at the upcoming investor day in March 2024, highlighting Shell's strategic focus on low-carbon energy and business efficiency.
    Shell CEO Wael Sawan presenting at investor day on company strategy - Global Banking & Finance Review
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    Quick Summary

    Amanda Dasch leaves Shell to lead Orsted's US offshore wind operations, as Orsted navigates challenges in the American market.

    Shell Executive Joins Orsted to Lead US Offshore Wind

    By Ron Bousso

    LONDON (Reuters) - Shell's head of renewables in the Americas Amanda Dasch will leave the company to join Danish offshore wind giant Orsted in January as head of its U.S. operations.

    The departure of the veteran executive comes shortly after Shell announced it will halt investments in new offshore wind projects as CEO Wael Sawan focuses on higher margin operations.

    Dasch joined Shell nearly 20 years ago and has worked most of her career there in the upstream oil and gas division. Since 2022 she led Shell's offshore wind development in North America and renewables in South America.

    She will join Orsted on Jan. 13, the Danish company said in a statement on Monday.

    Orsted, the world's top offshore wind developer whose market capitalisation briefly exceeded Shell's in the aftermath of the COVID outbreak in 2020, has seen a dramatic reversal in fortunes in recent years due to supply chain cost inflation and technical issues.

    The company booked billions in impairments due to project cancellations and delays in U.S. projects in recent years.

    Orsted today has 11 gigawatts of projects in Americas, it said.

    "We're thrilled to welcome Amanda to our leadership team and to draw from her 20+ years of energy experience in the U.S. to guide and advance our plans to build an American energy industry across technologies, including offshore and onshore wind, solar, and battery storage," Orsted deputy CEO Rasmus Errboe said in a statement.

    (Reporting by Ron Bousso, Editing by Louise Heavens)

    Key Takeaways

    • •Amanda Dasch leaves Shell for Orsted.
    • •Orsted faces challenges in US projects.
    • •Shell halts new offshore wind investments.
    • •Orsted's market value once surpassed Shell's.
    • •Orsted has 11 gigawatts of US projects.

    Frequently Asked Questions about Shell executive steps down to lead Orsted's US offshore wind

    1What is the main topic?

    The article discusses Amanda Dasch leaving Shell to lead Orsted's US offshore wind operations.

    2Why is Orsted significant?

    Orsted is a leading offshore wind developer facing challenges in the US market.

    3What is Shell's current strategy?

    Shell is focusing on higher margin operations and halting new offshore wind investments.

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