EnBW Supervisory Board Resolves to Reappoint Thomas Kusterer as CFO

Source: www.gulfoilandgas.com 5/16/2023, Location: Europe

At its meeting last Thursday, the Supervisory Board of EnBW Energie Baden-Württemberg AG resolved to reappoint Thomas Kusterer ahead of schedule for a further five-year term as member of the Board of Management.

Originally set to expire on 31 March 2024, his contract will now run for an additional five years from 1 April 2024 to 31 March 2029.

Lutz Feldmann, Chairman of the EnBW Supervisory Board: “As CFO, Thomas Kusterer has successfully steered EnBW through a challenging transformation phase since 2011. He exemplifies a forward-thinking approach, driving the sustainable portfolio reorganization while ensuring the company’s financial stability and aligning finance arrangements with green standards. We very much look forward to continuing our fruitful and trusting collaboration.”

Thomas Kusterer has been EnBW’s CFO since 1 April 2011. His responsibilities include, among others, Accounting and tax, Controlling and Risk Management, Finance, M&A and Investor Relations, Digital finance and transformation, Equity investment management, Purchasing and also Venture Capital.


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