German renewables developer Enertrag has appointed Simon Hagedorn as its chief financial officer, following the creation of the new board position.
Enertrag’s supervisory board made the decision to expand the former three-member executive board and appointed the former head of the finance department, Hagedorn (pictured) as CFO.
He will be responsible for the newly created executive board department of financing, mergers and acquisitions, commercial management and accounting from 1 April 2021.
The expansion of the executive board is in response to the growth of the company, Enertrag said.
In addition, the company is also preparing for the anticipated growth in international markets as well as in the area of power-to-gas.
“We are very happy that we were able to win Simon Hagedorn, a proven financial expert and dynamic colleague from our company, for the executive board,” said Enertrag supervisory board chairman Burkhard Bastuck.
“On behalf of the entire supervisory board, I wish Mr Hagedorn every success in his new challenging task.”
The expansion of the executive board is also accompanied by a reorganisation of responsibilities. Gunar Hering will take over the responsibility for human resources and legal affairs in addition to project development.
Matthias Konig will remain responsible for construction, operations, purchasing and electricity grids.
CEO Jorg Muller will increasingly devote his time to digitalisation as well as “organisational development and political support for advancing energy transition”.