New management team at RWE Supply & Trading
Gunhild Grieve will also assume her new position of Chief Financial Officer on 1 May 2021. She is succeeding Michael Müller who will take up the position of CFO at RWE AG, also on 1 May. Grieve’s background is in investment banking. She joined the RWE Group in 2008. In 2016, she took over the Investor Relations division, most recently she was Head of Controlling & Risk Management at RWE AG. The other members of the management team will be Peter Krembel as CCO Trading, with responsibility for the trading business, and Ulf Kerstin as CCO, who will be responsible for commercial asset optimisation.
RWE Supply & Trading provides the interface between RWE and energy markets around the globe. Some 1,600 employees from 40 countries trade electricity, gas, commodities and CO2 emission certificates. With highly accurate market analyses and a strong customer focus they create innovative green electricity and energy supply solutions as well as risk management concepts for industrial enterprises. The trading company is also responsible for commercial asset optimisation at RWE.
RWE is one of the world’s leading renewable energy companies. It has capacity of around 11 gigawatts based on renewable energy, including hydropower and biomass as well as a highly efficient gas fleet and an international energy trading business. RWE wants to expand this position by investing in onshore and offshore windpower, photvoltaics and storage technologies. As a driver of the energy transition, the company also focusses on innovative projects such as floating offshore as well as the generation and use of hydrogen. In addition to its core business, RWE generates electricity from nuclear energy and coal. Government-mandated phaseout roadmaps have been defined for both of these energy sources. The company has a total of around 41 gigawatts of generating capacity in its portfolio and employs around 20,000 people worldwide. RWE has a clear ambition: to be carbon-neutral by 2040. On its way there, the company has set itself ambitious targets for all activities that cause greenhouse gas emissions. The reknowned Science Based Targets initiative has scientifically confirmed that these emission reduction targets are in line with the Paris Agreement.
RWE Aktiengesellschaft
Altenessener Straße 35
45141 Essen
Telefon: +49 (201) 5179-0
Telefax: +49 (201) 5179-5005
http://www.rwe.com
Head of Media Relations
E-Mail: vera.buecker@rwe.com
