The management team of RWE’s new subsidiary, which will pool the renewables, grids and retail activities in Germany and abroad, has been formed. The Board consists of six members.
Peter Terium as Chief Executive Officer, Bernhard Günther as Chief Financial Officer and Uwe Tigges as Chief Human Ressource Officer (CHO) and Labour Director will manage the company in addition to their current functions with effect from 1 April 2016. Martin Herrmann, currently Chairman of the Board of Directors of RWE East, of and since October 2015 also CEO of the international retail business, will become Chief Operating Officer Retail with effect from 1 April 2016. Hans Bünting, currently CEO of RWE Innogy GmbH, will become Chief Operating Officer Renewables, also with effect from 1 April 2016 and Hildegard Müller, Chairwoman of the General Executive Management Board of the German Association of Energy and Water Industries (Bundesverband der Energie- und Wasserwirtschaft – BDEW) until January 2016, will become Chief Operating Officer Grid with effect from 1 May 2016.