The NKT board of directors informs that Alexander Kara, CEO of NKT A/S, as of 9 May 2023 will be replaced by Claes Westerlind, who will be the new CEO. Claes Westerlind has more than 15 years of experience with power cables and high-voltage DC converters and joined NKT in 2017. Since 2019, Claes has held the position as Executive Vice President, Solutions Karlskrona, and been a member of the global leadership team in NKT.

Alexander Kara has decided to leave the company for personal reasons.