Peter Terium

from Wikipedia, the free encyclopedia
Peter Terium (2012)

Peter Terium (born September 26, 1963 in Nederweert , Netherlands ) is a Dutch manager.

From April 1, 2016 to December 19, 2017, he was CEO of Innogy SE , a subsidiary of RWE AG . Prior to that, he was CEO of RWE AG from July 1, 2012 to October 2016 .

Life

Peter Terium is a trained accountant and tax auditor. After working for the Dutch Ministry of Finance , he worked for KPMG in the Netherlands from 1985 . In 1990 he moved to Schmalbach-Lubeca .

Terium has held various positions at RWE AG since 2003, initially as head of group controlling , later as chairman of the board of various subsidiaries. After RWE bought Essent in 2009, he moved to the company's management board and was Chief Executive Officer (CEO) from October 2009 to the end of 2011 .

On August 8, 2011, RWE AG announced that Terium would become Deputy Chairman of the Management Board on September 1, 2011 and the Group's CEO on July 1, 2012. He succeeded Jürgen Großmann as CEO . Terium's appointment was preceded by a dispute within the board of directors . RWE's municipal shareholders are said to have preferred Rolf Martin Schmitz as chairman of the board, and several supervisory boards are said to have threatened to resign if Terium were not appointed. Finally, it was agreed on a dual leadership of Terium and Schmitz, with the latter becoming deputy chairman of the board. Until then, there was no such position on the RWE Executive Board.

Terium's contract as CEO was prematurely extended for a further 5 years in March 2015 with effect from March 1, 2016.

On April 1, 2016, Terium took over as CEO of the newly founded RWE subsidiary Innogy SE. At first he continued to run RWE AG in personal union; On October 1, 2016, Rolf Martin Schmitz became RWE's CEO.

On December 19, 2017, Terium left the Executive Board of Innogy SE with immediate effect. The media wrote that Terium has lost a lot of trust among private investors and the parent company RWE. A profit warning from Innogy SE was apparently the trigger for the separation.

Positions

In mid-June 2012, Terium announced that RWE would give up all considerations about building new nuclear power plants abroad:

“We will no longer invest in new nuclear power plants. [...] We can no longer afford the financial risk and the framework conditions for nuclear power plants. "

- Peter Terium

This applies generally and not only in Great Britain, where RWE and E.ON abandoned their nuclear power plant plans in March 2012. (see Horizon Nuclear Power )

Terium said on August 14, 2012 that RWE was withdrawing from nuclear energy “out of conviction”.

On the occasion of the coalition negotiations between the Union and the SPD , Terium pointed out the unprofitable many conventional (= fossil) power plants in October 2013:

“30 to 40 percent of the investments write losses [...] The income is not enough to service our debts. To be clear: a dangerous situation. "

- Peter Terium

Terium demanded that power plants be paid to be available on “standby” in order to avoid any electricity bottlenecks that might arise. Critics questioned the alleged blackout risk.

Web links

Wikiquote: Peter Terium  - Quotes
Commons : Peter Terium  - collection of images, videos and audio files

Footnotes

  1. ↑ a b innogy - Peter Terium. (No longer available online.) In: www.innogy.com. Archived from the original on October 22, 2016 ; accessed on October 22, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.innogy.com
  2. ↑ RWE: This man is moving to the top - manager magazin . In: manager magazin . ( manager-magazin.de [accessed on October 22, 2016]).
  3. ↑ a b Jürgen Flauger: Peter Terium must go. In: Handelsblatt . December 19, 2017. Retrieved December 19, 2017 .
  4. ↑ Erwin van Laethem succeeds Peter Terium as CEO of Essent NV
  5. ↑ RWE AG: Peter Terium appointed member of the board and deputy chairman of the board , accessed on August 8, 2011
  6. ↑ sueddeutsche.de: RWE determines successor for Großmann: "This is a catastrophically bad new start" , accessed on August 8, 2011
  7. ↑ RWE AG - press releases. Retrieved March 14, 2017 .
  8. ↑ RWE AG - Dr. Rolf Martin Schmitz - Chief Executive Officer (CEO), RWE AG. In: www.rwe.com. Retrieved October 22, 2016 .
  9. ↑ Stefan Schultz: RWE subsidiary: That's why the Innogy boss had to go. In: Der Spiegel . December 20, 2017. Retrieved December 20, 2017 .
  10. ↑ manager-magazin.de
  11. ^ Rheinische Post December 20, 2017: The Flying Dutchman
  12. ↑ spiegel.de June 18, 2012: New RWE boss no longer wants to build nuclear power plants .
  13. ↑ handelsblatt.com , March 31, 2012: Eon and RWE stop nuclear plans in Great Britain .
  14. ↑ RWE tightens austerity course . In: Rheinische Post , August 15, 2012.
  15. ↑ Markus Balser: RWE warns of power blackouts . In: sueddeutsche.de , October 29, 2013.
  16. ↑ Expensive reserve market for power plants: The myth of the impending power failure . In: spiegel.de , October 29, 2013.
personal data
SURNAME Terium, Peter
BRIEF DESCRIPTION Dutch manager
DATE OF BIRTH September 26, 1963
PLACE OF BIRTH Nederweert