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Uniper announces changes to executive management

Uniper SE has announced a new chief executive officer, Klaus-Dieter Maubach, and a new chief financial officer, Tiina Tuomela.

Klaus-Dieter Maubach succeeds Andreas Schierenbeck, who will step down with immediate effect. Tiina Tuomela is the successor of Sascha Bibert who left Uniper 29 March 2021.

Andreas Schierenbeck and Sascha Bibert leave Uniper amicably after having set the course for the strategic redirection and towards decarbonisation of the company.

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The new CEO Klaus-Dieter Maubach brings decades of experience in the German and European energy industries. Having served as Uniper’s Supervisory Board Chair and a Board member of Uniper’s parent company Fortum Group, he is familiar with both organisations. He has worked for many years as an independent consultant and investor specifically in the field of energy supply and energy transition.

Uniper’s new CFO Tiina Tuomela has extensive experience from various senior finance and business leadership roles in energy. Since 2016 she has headed Fortum’s Generation division and has served on the Fortum Executive Management team since 2014. Since 2020, she has served on the Uniper Supervisory Board from which she will step down.

Klaus-Dieter Maubach. Credit: Uniper

Klaus-Dieter Maubach said: “I am honored to be entrusted with this role and look forward to working closely with my Management Board colleagues and all employees on accelerating the execution of the existing joint strategy and closer cooperation with Fortum. Uniper is a company with great potential, highly talented people, and opportunities to actively shape the European energy transition and become a clean energy champion as part of Fortum Group.”

Tiina Tuomela. Credit: Uniper

Tiina Tuomela said: “I am really excited about my new role as Uniper’s CFO. A key focus for me will be to work with my team to support our business so we can continue the strong financial performance of Uniper. I look forward to exploring a more integrated way of working with our colleagues within the Fortum Group. My goal is to find the best practices from both organisations and build on those to develop world-class finance, risk management and IT functions together with my teams.”

Andreas Schierenbeck, who took over as CEO in June 2019, thanks the employees of Uniper and his colleagues on the Management Board for their dedication, trust and cooperation. “We have achieved a great deal together. Uniper is now well prepared for future challenges of the energy transition,” he said.

Sascha Bibert said: “Uniper’s financial performance over the past years has exceeded our and the market’s expectations, the Uniper stock trades at an all-time high, and the balance sheet offers flexibility to execute our strategy. I would like to express my deepest gratitude for having had the chance to serve this great company and being part of an outstanding team. Furthermore, I would like to thank all external partners for the continuous support of Uniper.”

The new CEO underlined that the existing contracts between Uniper as employer and its employees would remain unaffected by the management changes.

Pamela Largue
Pamela is a senior content creator and editor and has been a part of the Clarion content team for over seven years. She specializes in international power and energy-related content.