28 June 2019 - Dr. Egbert Laege has asked the Supervisory Board of the European Energy Exchange AG (EEX) not to extend the existing employment relationship for personal reasons by amicable and mutual agreement by the end of the current term of office.
As a result, the mandate of Egbert Laege as a member of the EEX Management Board will end on 31st December 2019. As of 30th June 2019, Dr. Laege will step down and resign from his position as President of Powernext, based in Paris. He will oversee EEX Asia as CEO until the end of the year and afterwards seek new challenges outside EEX Group.
As of 1st July 2019, Dr. Tobias Paulun , Chief Strategy Officer of EEX, will additionally assume the function as president of Powernext.
Thomas Book , Chairman of the EEX Supervisory Board, comments: "On behalf of all members of the Supervisory Board, I expressly thank Dr Egbert Laege for the work he has done in recent years as a member of the Management Board of EEX and Powernext. He has successfully contributed to expanding the position of the PEGAS platform, which emerged from the cooperation between EEX and Powernext, to the preferred trading platform for physical gas in Europe. Furthermore, EEX Asia in Singapore was established under his tenure."
EEX Group provides market platforms for energy and commodity products across the globe and provides access to a network of more than 600 trading participants. The group offers trading in energy, environmental products, freight, metal and agriculturals as well as subsequent clearing and registry services. EEX Group consists of the trading venues European Energy Exchange (EEX), EPEX SPOT, Powernext (which operates the PEGAS platform), EEX Asia, Power Exchange Central Europe (PXE) and Nodal Exchange as well as the registry provider Grexel Systems and the clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX is a member of Deutsche Börse Group. More information: www.eex-group.com.