(PRESS RELEASE) MUNICH, 04-Jan-2019 — /EuropaWire/ — On 1 January 2019, personnel and structural changes at management level took effect at TSCNET shareholder TenneT, the Dutch-German transmission system operator (TSO). To begin with, Managing Director Lex Hartman resigns from the Executive Boards of TenneT TSO GmbH and TenneT TSO B.V. In addition, the company’s governance structure, related to the ongoing process of refining TenneT’s development strategy, will be adapted to better achieve the TSO’s future objectives.
TenneT CEO Manon van Beek wholeheartedly thanks Lex Hartman for his “major contributions in the Executive Board to the development of TenneT” and especially emphasised his significant role for “the improvement of TenneT’s visibility and reputation in Germany”. Lex Hartman, who began his career with TenneT in 1999 and held various positions during his long term of office, has been a member of the Executive Board of TenneT Holding BV since 2008 and of TenneT TSO GmbH since 2010. Mr. Hartmann indicates the need for a personal change after more than 10 years “as a board member for this fantastic company” and further comments: “I am grateful that TenneT gave me the opportunity to make a meaningful contribution to society.” However, Hartman will continue to serve the Executive Board as a strategic advisor.
As far as the new board structure is concerned, the Executive Board of TenneT Holding BV now consists of four directors: Manon van Beek (CEO), Otto Jager (CFO) and two COOs, Ben Voorhorst and Wilfried Breuer. The nomination of Wilfried Breuer is only temporary, as he has decided to accept a position as Technical Director at a manufacturer of power engineering technology. TenneT thanks Mr Breuer for his substantial contributions and commitment. In the first quarter of 2019, he will continue to work with the TSO, while the search for his successor has already begun.
SOURCE: TSCNET Services GmbH
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