The Supervisory Board of thyssenkrupp nucera Management AG resolved to extend the existing CEO contract with Dr. Werner Ponikwar by a further five years until July 2030.

In addition, the Supervisory Board decided to appoint Dr. Stefan Hahn as new CFO starting from March 1, 2025. Dr. Stefan Hahn will succeed Dr. Arno Pfannschmidt, who would reach the age limit of 65 years during an extended term. Both decisions were taken unanimously.

In addition, the position of CTO will change, since Fulvio Federico has informed the Supervisory Board of his wish to step down from the Management Board for personal reasons. The Supervisory Board has initiated an orderly succession process for the position of CTO. Fulvio Federico will advise the company during the transition phase and ensure a smooth handover.

“Werner Ponikwar has been driving the development of thyssenkrupp nucera as a strong player in the hydrogen market in recent years. Under his leadership, the company successfully completed the IPO in July 2023, established itself in the dynamic and evolving hydrogen market and brought high-technology products to market. His strategic vision and commitment to innovation have been pivotal for thyssenkrupp nucera’s growth journey and we are looking forward to continuing our trusting collaboration”, says Dr. Volkmar Dinstuhl, Chairman of the Supervisory Board.