RWE Extends CEO Markus Krebber’s Contract Through 2031

RWE AG’s Supervisory Board has approved an early extension of Dr. Markus Krebber’s contract as CEO, securing his leadership through June 2031. Dr. Krebber, who joined the RWE Group in 2012 and became a member of the Executive Board in 2016, has served as Chief Executive Officer since 2021. Dr Frank Appel, Chairman of the Supervisory Board of RWE AG: “The Supervisory Board is looking forward to continuing its successful collaboration with Markus Krebber. With him as CEO, the company has an outstanding leader at its helm. He has resolutely positioned RWE for the future energy landscape. Thanks to its broad technological and regional scope, the Group is now ideally placed to capitalise on the growth resulting from rising electricity demand and electrification. Markus Krebber has steered RWE through times of geopolitical turmoil with a steady hand and contributed significantly to overcoming the energy crisis. Under the leadership of Markus Krebber, RWE will continue to drive the energy transition forward with determination in the years ahead.”

Michael Vassiliadis, Deputy Chairman of the Supervisory Board of RWE AG: “The employee representatives have been more than happy to agree to the contract extension. Even during periods of significant change, RWE’s corporate culture has always been characterised by trust and constructive collaboration. In Markus Krebber we have a CEO who knows that our employees are the key to the company’s success.”

“I would like to thank the Supervisory Board for the trust they have placed in me and look forward to the years ahead. Together with my colleagues on the Executive Board and the outstanding RWE team, I will do everything in my power to continue the company’s successful course as a reliable partner for a secure, affordable and sustainable energy supply. The age of electrification and artificial intelligence offers excellent conditions for profitable growth and sustainable value enhancement at RWE,” Dr Markus Krebber, CEO of RWE AG.