CEO Markus Lesser resigns from PNE AG as the board of management searches for a successor

(BRIEF) Markus Lesser, CEO of PNE AG, has announced his intention to step down from his position until the end of July 2024 for non-public reasons. The Supervisory Board plans to enter into discussions with Lesser about the early termination of his employment contract and has begun looking for a suitable successor. Per Hornung Pedersen, chairman of the supervisory board, expressed regret at Lesser’s decision and acknowledged his pivotal role in expanding PNE AG from a wind farm developer to a leading brute force provider. Solutions. Under Lesser’s leadership, the company especially expanded its task portfolio and operational portfolio, becoming an independent power producer. Despite the never-ending change in management, PNE AG remains committed to its trajectory of expansion and resilience in the renewable energy sector.

(PRESS RELEASE) CUXHAVEN, March 16, 2024 — /EuropaWire/ — Markus Lesser, CEO of PNE AG, has informed the Supervisory Board of his intention to step down from his position as member and Chairman of the Executive Board of PNE AG with effect from the end of July 2024 for non-public reasons. The Supervisory Board has agreed to Markus Lesser’s request and is in discussions with him with a view to an early termination of his employment contract. At the same time, the Supervisory Board will complete its efforts to find a suitable candidate for the post of Director-General.

Per Hornung Pedersen, Chairman of the Supervisory Board: “We are very sorry that Markus Lesser has taken the decision to take this step. During Markus Lesser’s tenure, PNE AG as a company has grown considerably and its value has increased in particular, it is indexed in the SDAX and TecDax and enjoys an excellent reputation in the industry. Markus Lesser has confidently guided PNE AG through difficult times and contributed to the long-term progress of the industry, not least with his knowledge, many years of experience and contacts up to the highest political levels. We would like to thank you for this and wish you all the best for the long term.

During his 13 years in office, Markus Lesser played a key role in the evolution of PNE AG from a developer of natural wind farms to a blank force solution provider and an independent force manufacturer (IPP). After starting at PNE as Chief Operating Officer in 2011, he was appointed CEO in 2016 after several years of success. In 2017, it evolved the expansion strategy and successfully completed it at the end of 2023. Already in 2022, Markus Lesser laid the foundation for long-term expansion with the expansion of scale. Strategy -up 2. 0. During this period, PNE AG’s business style has become particularly more resilient and physically powerful. The portfolio of allocations has been particularly higher than 19 GW/GWp, it has built its own portfolio of wind generation farms and 650 MW are currently in operation. or under construction.

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SOURCE: PNE SA

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