Saturday 9 March 2024

Andreas Schierenbeck Takes The Helm As Hitachi Energy Ceo Effective July

KUALA LUMPUR, March 8 (Bernama) -- Hitachi Energy has announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer (CEO), effective July 1, replacing current CEO Claudio Facchin, who will step down at the end of June.

In a statement, Hitachi Energy said Schierenbeck will engage with the Hitachi Energy Board, Executive Team and Facchin to ensure a smooth transition prior to the handover.

Hitachi Ltd Representative Executive Officer, President & CEO, Keiji Kojima welcomed Schierenbeck to Hitachi Energy to lead the next phase of exciting growth and expressed his appreciation to Facchin for great leadership transitioning and transforming the company over the last four years.

“I look forward to continuing to support Hitachi Energy's growth plan under the leadership of Andreas, and I wish Claudio all the best for the journey ahead,” said Kojima.

Meanwhile, Schierenbeck said he is thrilled to embark on this journey as Hitachi Energy new CEO, steering the company towards new horizons in an era of transformation, where the demand for electricity is surging due to the rapid electrification of transport, buildings, and industries.

“It is a profound honour to lead an experienced team so deeply committed to quality, innovation and sustainability as we help our customers and society accelerate towards a greener future.

“Together, we will continue to expand Hitachi Energy's profitable business, ensuring that our collective efforts contribute significantly to a sustainable and electrified future,” he added.

Schierenbeck joins Hitachi Energy from HH2E, a new green-hydrogen production company, where he is currently co-founder and board member. He was previously CEO of Uniper from 2019 to 2021, where he launched the company’s decarbonisation strategy.

Headquartered in Switzerland, Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries, employing over 40,000 people in 90 countries and generating business volumes of over US$10 billion (US$1=RM4.68).

-- BERNAMA

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