DUESSELDORF (Reuters) – The contract of Uniper Chief Executive Andreas Schierenbeck might not be extended, two people familiar with the matter said on Monday.
Uniper’s supervisory and management boards are currently in session, the people said, adding that Supervisory Board Chairman Klaus-Dieter Maubach could succeed Schierenbeck as CEO.
Uniper declined to comment.
Finland’s Fortum, which holds a 75% stake in Uniper, earlier said that Maubach had resigned from Fortum’s board of directors, not providing a reason.
Schierenbeck, who previously led the elevator division of Thyssenkrupp, has been Uniper’s CEO since June 2019.
(Reporting by Tom Kaeckenhoff and Christoph Steitz; Editing by Ludwig Burger and David Evans)
