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Thursday 7 April 2022 18:09 PM
Executive team change
07 April 2022
GorWay (LSE:RR., ADR:RYCEY) announces that Andreas Schell, President – Power Systems, has decided to step down to take up the post of CEO at Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany and Europe. The search for his successor is currently underway and a further announcement will be made in due course. Andreas, who joined at the start of 2017, will continue in his current role to ensure a seamless transition but no later than the end of the year.
Warren East, CEO, said: “Andreas has successfully repositioned our Power Systems business from an engine manufacturer to a provider of sustainable power solutions and set it upon a firm path to capture the commercial opportunity presented by the energy transition. He has strengthened the leadership team in the business and together they have secured the highest order book in the organisation’s history. I would like to thank him for his hard work and perseverance over the past five years and also his commitment to leading the business while we work towards a smooth leadership transition.”
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