April 28, 2020 / 9:42 AM / a month ago

RWE names finance chief Markus Krebber as new CEO

FILE PHOTO: Rolf-Martin Schmitz, CEO of energy supplier RWE and CFO Markus Krebber (R) pose for a picture following a news conference about the restructuring of the German utility in Essen, Germany, September 30, 2019. REUTERS/Wolfgang Rattay

BERLIN (Reuters) - German utility RWE (RWEG.DE) on Tuesday named its finance chief Markus Krebber to succeed Rolf Martin Schmitz as chief executive officer as of July 1, 2021.

RWE said the supervisory board would decide on a successor for the CFO at a later date.

Reporting by Riham Alkousaa; editing by Thomas Seythal

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