Essen,
10
October
2019
|
18:35
Europe/Amsterdam

Hildegard Müller resigns from Executive Board of innogy SE

Hildegard Müller, COO Grid & Infrastructure at innogy SE, will leave the company by mutual agreement with the Supervisory Board. The agreement will take effect at the end of today.

Johannes Teyssen, Chairman of the Supervisory Board of innogy SE, thanked Hildegard Müller for her work: "Hildegard has managed and strategically developed her portfolio very successfully. In addition to contributing her proven expertise in the classical grid business with the municipalities, she was able to reposition innogy in the non-regulated business in particular, achieving a high level of long-term progress in this area. Many municipalities are already benefiting and will continue to benefit from the innovative products that were developed during her time on the Board. These include in particular smart street lighting, the expansion of charging infrastructure for electric vehicles and the expansion of the broadband network in rural areas.

Hildegard Müller was responsible for the grid business at innogy from May 2016. In addition, she was in charge of the Group-wide coordination of all digital projects. In this role, she ensured cross-segment collaboration, fostered dialogue between the different units and thus enabled better management of innogy's portfolio of digital topics. She thus created the conditions under which the company could successfully position itself on this growth market and set industry-wide standards.

As part of her role on the Board, Müller represented the interests of the company on the Supervisory Boards of a number of subsidiaries: at Dortmunder Energie- und Wasserversorgung GmbH, envia Mitteldeutsche Energie AG, NEW AG, rhenag Rheinische Energie AG , Stadtwerke Essen AG and Süwag Energie AG. She was also deputy Supervisory Board Chairwoman of the Essener Wirtschaftsförderungsgsellschaft mbH and Chairwoman of the Advisory Board of the foundation innogy Stiftung für Energie und Gesellschaft gGmbH.

One of the outstanding research projects from her portfolio is DESIGNETZ. As part of the SINTEG programme of the German Federal Ministry for Economic Affairs and Energy, innogy has taken the lead in a consortium of 45 partners who are working on some 30 individual projects to test an innovative overall concept for digital management of the distribution networks, thus transforming the political vision of the energy transition into practice.

"When innogy launched in 2016, our vision was no less than to be the pacemaker for the energy transition and to be at the forefront of co-creating the future of energy. And the results are quite presentable: We can rely on the trust of the municipalities and customers. In addition to the successful further expansion of the grid business, innogy has also been able to grow in the key areas of electric mobility and broadband expansion. I would like to thank all customers, my colleagues on the Board and all employees for the excellent work we have done together to make these successes possible", said Müller.

Legal disclaimer

This document contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management, and are based on information currently available to the management. Forward-looking statements shall not be construed as a promise for the materialisation of future results and developments and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company, and other factors. Neither the Company nor any of its affiliates assumes any obligations to update any forward-looking statements.