Engel’s back is against the wall, but does he have what it takes to whip Vestas into shape?

The position in which Vestas boss Ditlev Engel finds himself reminds me of Raiders of the Lost Ark, where our hero, Indiana Jones, runs for his life as an enormous boulder rolls closer and closer.

Engel is a sober-suited Dane, while Jones is a fictional gung-ho US academic dressed for adventure.

The Vestas boss has come a long way since January 2010, when he squeezed into the Harvard Business Review’s list of top 100 chief executives globally.

But in these more straitened times of slashed public spending and bank debt crises, it is not hard to see the career wrecking ball coming towards him.

It has already crushed the company’s chairman and deputy chairman, plus its chief financial officer.

And that is not to say anything of the 2,300 other…

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