Chief Procurement Officer Ulrich Piepel to leave innogy

The Chief Procurement Officer (CPO) of innogy SE, Ulrich Piepel, will leave the company, effective31 October 2019. Piepel, who can look back on a very successful career at RWE and innogy, is leaving on his own wishes. Under his leadership, the Group Procurement unit has achieved substantial and long-term savings for the RWE and the innogy Group and has produced outstanding results in the areas of automation and digitalisation, also by international comparison.

Uwe Tigges, CEO of innogy SE: “In Ulrich Piepel we are losing an extremely experienced, international top manager, who set extraordinarily high standards as Head of the Group Procurement unit. We very much regret that he is leaving the company. By introducing automation and digitalisation, he has achieved substantial cost savings for the company, and has enabled considerable savings and increased quality across the entire Group. The unit he leads is very highly respected throughout the company. In addition, Ulrich Piepel is a leader who has been a consistent role model, both professionally and personally. I would like to thank him, both personally and on behalf of the entire innogy Executive Board for his outstanding work.”

Piepel has headed up Group Procurement since 2013 and reports directly to the CEO, initially of RWE, and later of innogy. He is responsible for all national and international procurement activities of the energy Group. His career in the energy industry began in early 2003 as Chief Procurement Officer of RWE Systems AG. In 2008, he was promoted to Managing Director of the Shared Service Center RWE Service GmbH with responsibility for all central service activities in the group, for example real estate, procurement, insurance and legal. At the same time, Piepel was also Managing Director of GfV GmbH with its former mining activities. Five years later he was further promoted to Chief Procurement Officer (CPO) of the Group, reporting directly to the Executive Board.