Senvion Appoints Yves Rannou as Chief Executive Officer

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DGAP-Media / 2018-09-06 / 19:13 
 
*Senvion Appoints Yves Rannou as Chief Executive Officer* 
 
*Hamburg: *Senvion S.A. ("Senvion") today announced the appointment of Yves 
Rannou as Chief Executive Officer effective March 2019, at the latest. 
Rannou will take over from acting Chief Executive Officer and Chief 
Financial Officer, Manav Sharma, who will continue in his role as Chief 
Financial Officer. 
 
Rannou is a seasoned leader who brings to Senvion over 20 years of global 
senior executive experience in the renewable energy industry at GE and 
Alstom. He was most recently President and Chief Executive Officer of GE 
Renewable Energy's Hydro division, a position he held since November 2015. 
Prior to his time at GE Renewable Energy, he worked for 18 years at 
French-multinational Alstom, until its acquisition by GE in 2015. During 
this time he functioned as Senior Vice President of the hydro business, as 
well as Senior Vice President of the wind business, where he was in charge 
of all activities related to onshore and offshore wind. He also served as a 
member of Alstom's Renewable Power Sector Executive Committee. 
 
Steven Holliday, Chairman of Senvion's Supervisory Board, said: "We are 
delighted to announce Yves' appointment as CEO given his deep experience 
working in renewables. Yves is a proven executive whose skills and expertise 
ideally complement the existing management team. We are confident that he is 
the right leader to execute Senvion's growth strategy and position the 
business for future success." 
 
"We would like to thank our CFO Manav Sharma and David Hardy, our Executive 
Director and CSO, for their excellent work during the transitional period. 
We look forward to continuing our close and trustful work with them and the 
entire management team." 
 
Commenting on his new role, Rannou, added: "I am thrilled and honoured to be 
joining Senvion at a truly exciting time for the wind industry. Senvion has 
a long and successful track record as a major contributor to the energy 
transition. Senvion's value proposition, its customers and suppliers, and 
most importantly our team are great assets for further international 
expansion, sustainable growth and value creation for our partners. I look 
forward to work together with Senvion's more than 4,000 talented employees 
to provide clean solutions for our planet." 
 
*About Senvion:* 
Senvion is a leading global manufacturer of onshore and offshore wind 
turbines. The company develops, produces and markets wind turbines for 
almost any location - with rated outputs of 2 MW to 6.33 MW and rotor 
diameters of 82 metres to 152 metres. Furthermore, the company offers its 
customers project specific solutions in the areas of turnkey, service and 
maintenance, transport and installation, as well as foundation planning and 
construction. The Senvion systems are mainly designed in the major 
TechCenters in Osterrönfeld and Bangalore and manufactured at its German and 
Portuguese plants in Bremerhaven, Vagos and Oliveira de Frades as well as in 
Zory-Warszowice, Poland and Baramati, India. With approximately 4,000 
employees worldwide, the company makes use of the experience gained from the 
manufacture and installation of more than 7,900 wind turbines around the 
world. The company's operational subsidiary Senvion GmbH is based in Hamburg 
and represented by distribution partners, subsidiaries and participations in 
European markets such as France, Belgium, the Netherlands, the UK, Italy, 
Romania, Portugal, Sweden, and Poland as well as on a global level in the 
USA, China, Australia, Japan, India, Chile and Canada. Senvion S.A. is 
listed on the Prime Standard of the Frankfurt Stock Exchange. 
 
*About Yves Rannou: * 
Yves Rannou was most recently President and Chief Executive Officer of GE's 
Hydro Solutions business, and was also a GE Company Officer. 
 
Yves began his career at Alstom in 1997 and has continuously strengthened 
his leadership expertise by serving project management expertise through a 
series of positions. Among these he has served as Quality Director, deputy 
General Director of pump-turbine activities, Head of project execution, 
Project Director for global structural projects, and Managing Director for 
China, all for in Alstom's Hydro business. 
 
In 2014, Yves was appointed senior Vice President of Alstom's Wind business, 
based in Barcelona and was responsible for activities related to onshore and 
offshore wind and became a member of the Renewable Power Sector Executive 
Committee. In 2015, Yves was appointed Senior Vice President of Alstom's 
Hydro business in addition to his SVP role in the Wind business. 
 
Yves holds a Master of Science in mechanical and electrical engineering from 
the Sorbonne University in Paris and an engineering degree from the ESTP. He 
has also obtained Six Sigma Black Belt certification and a diploma from 
INSEAD-AMS. 
 
*Vice President Capital Markets and Public Relations* 
Dhaval Vakil 
phone: [phone] 
mobile: [phone] 
email: [e-mail] 
 
*Senior Manager Corporate Communications* 
Katrin Rosendahl 
phone: [phone] 
mobile: [phone] 
email: [e-mail] 
 
*Senior Manager Capital Markets* 
Anja Siehler 
phone.: [phone] 
mobile: [phone] 
email: [e-mail] 
 
End of Media Release 
 
Issuer: Senvion S.A. 
Key word(s): Energy 
 
2018-09-06 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
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Archive at www.dgap.de 
Language: English 
Company:  Senvion S.A. 
          46a, avenue John F. Kennedy 
          L-1855 Luxembourg 
          Luxemburg 
Phone:    [phone] 
Fax:      [phone] 
E-mail:   [e-mail] 
Internet: www.senvion.com 
ISIN:     LU1377527517, XS1223808749, XS1223809390 
WKN:      A2AFKW 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, 
          Stuttgart, Tradegate Exchange; Dublin, Luxembourg Stock Exchange 
 
End of News DGAP Media 
 
721451 2018-09-06 
 
 

(END) Dow Jones Newswires

September 06, 2018 13:13 ET (17:13 GMT)