The former Chairman of the Supervisory Board of REpower Systems AG, Dr Klaus-Detlef Wulf, announced he would be leaving the Board. As one of the largest shareholders, Dr Wulf had previously been a shareholder representative on REpower Systems’ Supervisory Board.
The sale of his block of shares is expected to enable the new majority shareholder, AREVA, to gain representation on the Supervisory Board. To this end, REpower will file for the legal appointment of an as yet unnamed representative of the AREVA Group to the Supervisory Board. The previous Deputy Chairman of the Supervisory Board, Udo Bandow, will initially assume chairmanship of the Supervisory Board.
