juwi founder and Chief Executive Officer Fred Jung (45) is moving to the Supervisory Board on July 1, 2016.
At the latest Supervisory Board meeting, the Supervisory Board accepted Fred Jung’s request to retire from the business operations of the company and to move to the Supervisory Board of juwi AG in mid-2016. Jung will be succeeded by Michael Class (48), who initially will be appointed Deputy Chairman of the Executive Board on January 18, 2016 and thereafter will act as CEO from and after July 1, 2016. Class, has been managing director of MVV Umwelt GmbH since 2008 and has more than 20 years of experience in the energy and environmental sector. MVV Energie AG now holds a stake of 63 per cent in juwi.
