Dr Frank May, Chief Executive Officer (CEO) of Alterric GmbH, will leave the company at the end of his current contract on 31 March 2027. May has informed the Supervisory Board and the two shareholders, EWE AG and the Aloys Wobben Foundation (AWS), that he is not available for a contract extension for personal reasons.
Both shareholders have acknowledged this decision with regret and respect, whilst at the same time expressing their appreciation for Dr Frank May’s successful work.
Stefan Dohler, Chief Executive of the shareholder EWE AG: “Frank May has played a key role in the successful development of Alterric and has positioned the company as a strong, innovative and growing player in the market. We are very grateful to him for this achievement and his personal commitment.”
Heiko Janssen, Chief Executive of the shareholder AWS: “Under Frank May’s leadership, Alterric has evolved from a pure wind energy producer into a key player and driving force behind a renewable-based energy system in Germany. This means the company is ideally positioned for the future.”
Dr Frank May: “Building Alterric was an outstanding and challenging entrepreneurial endeavour. Together with the shareholders, our outstanding team and our fantastic staff, we have shaped a company that stands on a stable foundation and is excellently positioned for further growth. I am extremely grateful for the trust placed in me and for the collaboration.”
