Changes on the Executive Boards of RWE Generation and RWE Power

• Silvia Ortín takes over Finance and IT on the Executive Board of RWE Generation from Katja van Doren who moves to RWE AG as Chief Human Resources Officer on 1 August 2023
• Nikolaus Valerius becomes a member of the Executive Board of RWE Generation and assumes responsibility for the operating power plant business as COO
• Steffen Kanitz succeeds Nikolaus Valerius on the Executive Board of RWE Power and takes responsibility for the Nuclear Energy Division

The Supervisory Board of RWE Generation decided to appoint Silvia Ortín (50) to the company’s Executive Board with effect from 1 April 2023. She will take over the areas of Finance and IT from Katja van Doren who will move to RWE AG as Chief Human Resources Officer on 1 August  following a decision by the Supervisory Board of RWE AG in December. Silvia Ortín joins from RWE Renewables Americas, where she has led the business as CEO since 2021. Previously, she worked in various energy companies. At E.ON, she held senior positions in Renewables, first in Spain, then in Germany and North America before joining the RWE Group. With Silvia Ortín, the Executive Board of RWE Generation will be even more international in the future.

Within the RWE Group, RWE Generation is responsible for the operation of hydropower, biomass, gas and hard coal-fired power plants as well as hydrogen activities. The international company which has its core activities in the Netherlands, Germany and the UK, expects its international business to further grow in the coming years through the construction of H₂-ready gas-fired power plants, the construction of electrolysers and battery storage facilities. To reflect the focus of growth and decarbonisation projects for the energy transition, the Supervisory Board of RWE Generation has also decided to expand the company’s Executive Board to include an additional Executive Board responsibility for the operating power plant business. Nikolaus Valerius (52) as COO (Chief Operating Officer) is set to take over responsibility for operational power plant business starting 1 June 2023. Valerius, who currently heads the Group’s nuclear power plant division, was already head of the hard coal, gas and biomass division at RWE Generation between 2013 and 2017.

Markus Krebber, Chairman of the Supervisory Board of RWE Generation: “I am very pleased that with Silvia Ortín, another internationally experienced manager is joining the Executive Board team around Roger Miesen. Nikolaus Valerius, who is returning to RWE Generation and knows the company very well, will complement the team and contribute with his many years of experience in the power plant sector. RWE Generation is thus ideally positioned to drive our hydrogen and flexible power plant performance activities internationally as a driver of the energy transition.”

Nikolaus Valerius who is responsible for nuclear energy on the Executive Board of RWE Power will be succeeded by Steffen Kanitz as of 1 June 2023. Kanitz was previously Managing Director of the Federal Company for Final Disposal. With the decision of the German government to end the operation of nuclear power plants on 15 April 2023, the work of RWE Nuclear in the coming years will focus on the safe and efficient dismantling of the Biblis, Gundremmingen, Emsland, Lingen and Mülheim Kärlich nuclear power plants as well as on the efficient return of dismantling material to the recycling chain. 

Zvezdana Seeger, Chairwoman of the Supervisory Board of RWE Power: “With Steffen Kanitz we have gained an experienced manager for our nuclear energy division who brings extensive experience in project management, leadership of large organisations and several years of expertise from the nuclear industry. He will continue to drive the safe dismantling of our nuclear power plants in a focused manner in the coming years.”

Forward-looking statements

This press release contains forward-looking statements. These statements reflect the current views, expectations, and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment. Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company’s future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release.