Essen,
07
August
2019
|
09:00
Europe/Amsterdam

Head of M&A Gerwig Koch to leave innogy

 

innogy SE’s Head of Mergers & Acquisitions (M&A), Gerwig Koch, is leaving the company based in Essen, Germany, by the middle of 2020 on his own request. Gerwig Koch was one of the key figures on the part of innogy SE in the planned E.ON/RWE-transaction. A business graduate and former investment banker, Koch has led, strategically directed and implemented mergers & acquisition transactions at RWE AG and innogy SE for over 15 years.

In recent years, he was in charge of the very successful innogy IPO at RWE AG, the biggest IPO in Germany since Deutsche Post was privatised, after which he took over the M&A division at the new company. Koch played a key role in the strategic realignment of RWE AG and in building innogy SE. Through numerous infrastructure transactions – for example the sale of Amprion AG and the restructuring and partial sale of the Group’s Czech gas distribution network – Koch made an essential contribution towards repositioning the entire Group. This included, among other things, the sale of RWE Dea AG, which was also completed under Gerwig Koch's leadership. In addition, Koch and his team decisively drove the development and expansion of RWE/innogy’s renewables portfolio, for example through acquisitions in Europe and the US.

Uwe Tigges, CEO innogy SE: “We very much regret that Gerwig Koch is leaving the company. Gerwig has played an enormous part in shaping the development of our company for many years – especially during the extremely difficult situation of the planned takeover and all challenges associated with it, his services to the company have been outstanding. In particular, I want to highlight innogy SE’s successful IPO in 2016 in this context, which was led and actively driven by Gerwig at RWE AG, laying the foundation for our company. In Gerwig, we are not just losing an outstanding M&A expert with unique specialist knowledge of the energy industry, but also a highly respected member of our leadership team and a person who has always acted as a role model, on both a professional and a personal level. Personally, and on behalf of the Management Board, I want to thank Gerwig for his valued commitment.”

Gerwig Koch joined RWE at the end of 2003. Before that he worked as an investment banker with Swiss bank UBS in Frankfurt and London. There, his focus was on M&A transactions in various industries, for example utilities, telecommunications and technology.