TenneT Germany has announced the appointment of Markus Binder as its new Chief Financial Officer (CFO) as part of a broader reorganisation of the company. Binder will join the Executive Board effective 1 May 2025, taking over from Arina Freitag, who will step down as CFO of TenneT Germany on 30 April 2025.
Freitag will continue her role as CFO of TenneT Holding and will remain closely engaged with TenneT Germany, according to the company.
The restructuring of TenneT, which began on 1 January 2025, includes a shift to a dual-national structure with separate entities, TenneT Netherlands and TenneT Germany, both operating under a holding structure. This reorganisation is seen as a step towards strengthening TenneT’s national focus and preparing the company for potential future investor involvement in TenneT Germany.
Manon van Beek, Chair of the Supervisory Board at TenneT, expressed confidence in Binder’s appointment, stating, “I am pleased that we have been able to bring Markus Binder, an experienced financial expert and long-time leader from the energy sector, to TenneT Germany.”
Tim Meyerjurgens, CEO of TenneT Germany, welcomed Binder’s appointment, saying, “With Markus Binder, we are strengthening our leadership team at a key position. I look forward to a successful collaboration.”
In response, Binder commented, “I sincerely thank you for the trust placed in me. TenneT Germany has a clear goal: As the largest transmission system operator in Germany, we have a crucial role in shaping the energy supply in the 21st century. I look forward to working successfully with a great team on this challenge and positioning TenneT Germany as an attractive company for the capital market.”
Binder has a wealth of experience in the energy sector, having held senior roles at major companies such as EnBW, and most recently served as CFO of LEAG (Lausitz Energie Bergbau AG and Lausitz Energie Kraftwerke AG).
This restructuring is seen as part of TenneT’s long-term strategy to enhance its operations and market appeal.
