Norwegian energy company Statkraft has made a significant leadership announcement, revealing that President and CEO Christian Rynning-Tønnesen will be departing from his role after more than 13 years at the helm.
Statkraft has confirmed that the company is actively searching for a new CEO to take the reins, and in the interim, Rynning-Tønnesen will continue to serve as the President and CEO of the company until further notice.
In his statement, Rynning-Tønnesen, who has been at the helm since 2010, expressed his decision, saying, “After almost 14 years as president and CEO, and after careful considerations, I have concluded and informed the board that it is time to step down. I am proud of what all the employees have achieved and am confident that I leave Statkraft fit to deliver on our ambitious growth strategy.”
Under Rynning-Tønnesen's leadership, Statkraft has undergone significant transformation and expansion.
Thorhild Widvey, Chair of the Board of Statkraft, acknowledged Rynning-Tønnesen's contributions, stating, “I would like to thank Christian for his leadership and contributions to Statkraft. Statkraft has become Europe's largest producer of renewable energy and a leading player in the global energy markets. Statkraft has a robust platform for continued growth, both operationally and financially.”
Statkraft currently has 572MW of solar capacity under construction and operates in 21 countries. While it maintains a strong presence in Norway and Europe, the company has also ventured into countries in the Americas, including Brazil, Chile, and the United States.
Notably, Statkraft recently unveiled ambitious plans to develop and operate 2GW of solar and wind capacity in Germany by 2030. According to Stefan-Jörg Göbel, Country Manager of Statkraft, the company is strategizing to develop and construct approximately 300MW to 500MW of wind and solar capacity in Germany annually, starting in 2027.
