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Manager Andreas Schell (photo from 2022): The EnBW boss unexpectedly resigns
Photo: Bernd Weißbrod / dpa
The CEO of the energy supplier EnBW Andreas Schell has surprisingly resigned from his position.
The supervisory board approved this decision in an extraordinary meeting, the company announced on Friday in Karlsruhe.
The main reason was therefore different opinions between the Supervisory Board and Schell on crucial questions of strategic development.
Schell only took up his position as EnBW boss in November 2022, with a contract term of three years.
Board member Georg Stamatelopoulos is now moving to the top position.
The EnBW supervisory board chairman Lutz Feldmann said of Schell's departure: "We regret this step, which is taking place by mutual agreement." Despite intensive discussions, no agreement has been reached in the past few months.
Maintainer of a “difficult balance”
Stamatelopoulos is currently responsible for the “Sustainable Generation Infrastructure” department on the energy company’s board of directors.
According to the information, he was appointed CEO until the end of his existing appointments, i.e. until May 31, 2029.
Schell, on the other hand, had only signed a contract for three years when he took office in 2022.
Supervisory Board Chairman Feldmann praises Stamatelopoulos as a “convinced team player” and “highly valued conversation partner.”
In recent years, he has primarily pushed forward the expansion of wind and solar energy within the group as well as the planning of new hydrogen-capable gas power plants.
Stamatelopoulos stands for keeping an eye on the “difficult balance between climate protection, security of supply and affordability” (click here for the company announcement).
EnBW is one of the largest energy companies in Germany.
The company supplies more than five million customers nationwide with electricity, gas and water.
beb/dpa