The future subsidiary (NewCo) of RWE AG, Essen/Germany, responsible for renewable energies, grids and sales in Germany and abroad, will have six board members: The CEO of RWE AG, Peter Terium, will hold the same position in the new subsidiary, with Bernhard Günther as CFO and Uwe Tigges as CHO and Labour Director. Hildegard Müller, former Chairwoman of the General Executive Management Board of the German Association of Energy and Water Industries (BDEW), became Chief Operating Officer Grid on 1st May 2016. Martin Herrmann, former Chairman of the Board of Directors of RWE East, became Chief Operating Officer Retail and Hans Bünting,
former CEO of RWE Innogy GmbH, became Chief Operating Officer Renewables, both as of 1st April.
The current Head of Group Controlling at RWE AG in Essen/Germany, Michael Müller, will be the new CFO of the Group’s trading subsidiary, RWE Supply & Trading GmbH, with effect from September 2016. In addition, Alan Robinson, currently responsible for Commercial Asset Optimisation, will be leaving RWE Supply & Trading. He will be succeeded by Tom Glover, who is currently responsible for CAO in the UK.