Ad hoc announcement pursuant to Art. 53 LR

Alpiq appoints Markus Brokhof as Head of Commerce & Trading

29.04.2014, 07:00 | Ad hoc announcement pursuant to Art. 53 LR

The Alpiq Board of Directors has appointed Markus Brokhof as Head of the division Commerce & Trading. He succeeds Erik Saether as Member of the Executive Board.

Markus Brokhof (47) is moving from Axpo to Alpiq. Brokhof has been the Head of Gas Supply & South East Europe and a member of the Executive Board at Axpo Trading AG since 2008. He began his professional career as a manager for marketing and contract administration at KCA Deutag. At WINGAS he worked in the area of natural gas trading in the European market. In 2003, he moved to Elektrizitäts-Gesellschaft Laufenburg AG as the Area Manager for the Middle East and North Africa, and was responsible for developing the natural gas business. In addition, he took over management of the Trans Adriatic Pipeline natural gas project. In his current role, he established the gas and power business in Southern Europe for Axpo. Markus Brokhof studied mining at Clausthal University of Technology and specialised in the areas of nuclear waste disposal and new renewable energies.

„With Markus Brokhof, Alpiq has gained a business leader with top qualifications. Thanks to his many years of experience in developing international business units, he will be able to advance trading and sales in line with the new strategy,“ says Jasmin Staiblin, CEO of Alpiq.

The date for the function turnover has not yet been determined. The Board of Directors and the Executive Board thank Erik Saether for his valuable contribution and wish him continued success in the future.