an industry sector with future perspecitves

News 1280 256

After 13 Years at PNE: CEO Markus Lesser Leaves PNE AG

Cuxhaven, Germany - The long-standing CEO of PNE AG, Markus Lesser, intends to resign from his position as member and Chairman of the Board of Management. As the company further announces, Lesser will leave PNE AG for personal reasons with effect from the end of July 2024.

The Supervisory Board intends to comply with Markus Lesser's request and enter into discussions with him regarding an early termination of his Management Board contract. At the same time, the Supervisory Board will seek a suitable successor candidate for the position of Chairman of the Board of Management.

Per Hornung Pedersen, Chairman of the Supervisory Board: "We very much regret that Markus Lesser has decided to take this step. PNE AG has grown strongly as a company during Markus Lesser's term of office and has increased considerably in value, is listed in the SDAX and TecDax and enjoys an excellent reputation in the industry. Markus Lesser has guided PNE AG safely through challenging times and has always contributed to the further development of the industry, not least due to his knowledge, his many years of experience and his contacts up to high political levels. We would like to thank him for this. We wish him all the best for the future."

During his 13 years in office, Markus Lesser has significantly developed PNE AG from a pure wind farm developer to a clean energy solutions provider and independent power producer (IPP). Most recently, Lesser set the course for further growth in 2022 with the Scale up 2.0 strategy expansion. During this time, PNE AG's business model became significantly more resilient and robust, according to PNE.

The project pipeline was significantly increased to 19 GW/GWp, the company's own portfolio of wind farms was rebuilt and 650 MW are currently in operation or under construction.

Source: IWR Online, 18 Mar 2024