Suzlon Group announces new appointments for REpower Executive Board and Management Board

Pune/Hamburg: As of 1 August, Lars Rytter has taken over as Chief Operating Officer at REpower. In his new role, Rytter will be able to make an important contribution to REpower’s programme for the future. With this programme, the Company’s plans include realizing significant savings in the areas of purchasing, production and manufacturing. The Dane is no stranger to REpower; he was responsible for the areas of production, purchasing and logistics at REpower in his role as Chief Supply Chain Officer from 1 April 2008 until 30 September 2010.

Andreas Nauen, CEO of REpower Systems SE, said: “Lars Rytter knows our company well and has started as COO without needing any induction time. In his previous roles he successfully realigned purchasing activities.”

The REpower Executive Board will be completed on 12 August: Russell Stoddart will start as CTO. From 2009 until 2012 the Brit was responsible for global engineering at Vestas Wind Systems. Russell Stoddart joins REpower from BorgWarner, the international automotive company based in North Carolina, USA, where he was Vice President – Engineering and Sales.

Tulsi Tanti, Chairman of the Supervisory Board, said: "I am extremely pleased to announce the appointment of Russell Stoddart as the new Chief Technology Officer of REpower. His experience and engineering pedigree speak for themselves and I know that he will make a significant contribution at REpower. We are also delighted to welcome Lars Rytter back to the Company as Chief Operating Officer. These appointments further enhance our strong Executive Board team, and we wish them luck in their new roles."

The new Management Board of REpower Systems GmbH has also been set up: Hendrik Böschen succeeds Kyriakos Kosmidis, who left the company on 31 July 2013. In November 2011, Hendrik Böschen took up the position of Head of Sales for Poland, the Netherlands, Austria, Switzerland and the Czech Republic at REpower Systems GmbH. Kai Froböse remains Commercial Managing Director of REpower Systems GmbH. Kai Froböse is responsible for Project  Management, Service, Finance & Controlling. Hendrik Böschen will oversee Sales and Lifecycle Engineering.

CEO Andreas Nauen said: “We are pleased that, with the reinforcement taken from our own ranks, we are ensuring a more intensive market focus for the countries of Germany, Austria, Switzerland, Poland and the Czech Republic.”

About REpower:

REpower Systems SE, a wholly owned subsidiary within the Suzlon Group, is one of the world’s leading manufacturers of onshore and offshore wind turbines. The international mechanical engineering company develops, produces and markets wind turbines for almost any location – with rated outputs of 1.8 MW to 6.15 MW and rotor diameters of 82 metres to 126 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 profitable and reliable systems are designed at the REpower TechCenter in Osterrönfeld and manufactured at its  plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven as well as Portugal, India and China. With more than 3,300 employees worldwide the company headquartered in Hamburg can make use of the experience  gained from the manufacture and installation of over 4,600 wind turbines around the world. REpower is represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the UK, Italy, Portugal, Sweden, Poland and Spain as well as on a global level in the USA, China, Australia and Canada.

About Suzlon Group:

The Suzlon Group is ranked as the world’s fifth largest* wind turbine supplier, in terms of cumulative installed capacity and marketshare, at the end of 2012. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with approximately 23,500 MW of wind energy capacity installed, operations across 32 countries and a workforce of over 11,000. The Group offers one of the most comprehensive product portfolios – ranging from sub-megawatt onshore turbines at 600 Kilowatts (KW), to the world’s largest commercially-available offshore turbine at 6.15 MW – with a vertically integrated, low-cost, manufacturing base. The Group – headquartered at Suzlon One Earth in Pune, India – comprises Suzlon Energy Limited and its subsidiaries, including REpower Systems SE. Visit us at www.suzlon.com

Source: *BTM Consult ApS – A part of Navigant Consulting – World Market Update 2012.