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    We are STEAG.

    We at STEAG always have been driven by one thing: the will to make ever better use of energy. Today we offer services that cover the entire value chain of a modern energy service provider. We thus ensure not only today's supply, but help to advance the transition to the future of energy. Jointly, safely and efficiently.

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    STEAG streamlines management

    CFO Dr. Heiko Sanders steps down / CTO Ralf Schmitz takes on additional responsibility for Finance

    Essen. Dr. Heiko Sanders, 52, Chief Financial Officer of STEAG GmbH since May 2020, is leaving the Essen-based energy company with effect from September 15, 2021, at his own request and by mutual agreement, in order to take on new professional challenges.

    The reason for this is the large overlap between the areas of responsibility of Dr. Heiko Sanders as Chief Financial Officer (CFO) and Ralf Schmitz, the Chief Transformation Officer (CTO), who was appointed in August 2021.

    Joint decision
    “After only a few weeks of working together it became clear that the links between restructuring and finance are so close that it is only logical to place the responsibility for both areas in one pair of hands,” says Dr. Heiko Sanders. Against that background, it was a decision arrived at jointly to reorganize the management team and to entrust CTO Ralf Schmitz with responsibility for Finance in the future.

    Thanks from the Supervisory Board
    Guntram Pehlke, the Chairman of STEAG’s Supervisory Board, thanked the outgoing CFO on behalf of the company and its representative bodies for his great personal commitment in what have been challenging times for STEAG. “Dr. Heiko Sanders came on board in troubled waters and made important contributions during his time as a member of the Board of Management – in drawing up a restructuring concept for STEAG, in closely supervising the ongoing transformation process and now also in the almost completed refinancing of STEAG and its parent company KSBG. We greatly regret that Dr. Sanders is leaving the company and wish him all the best for his professional and personal future.”

    The personnel decision that has now been taken was reached amicably by all those involved, Guntram Pehlke confirms. It underlines once again the great sense of responsibility for STEAG that Dr. Heiko Sanders has always exhibited during his work for the company, says the STEAG Supervisory Board’s Chairman.

    Ralf Schmitz, 54, whose area of responsibility within the Board of Management will be expanded accordingly on the departure of Dr. Heiko Sanders, is a partner in the Düsseldorf-based management consultancy Schmitz & Partner, and has extensive experience in the restructuring and transformation of companies in the industrial sector. An industrial engineer, he is the fourth member of the STEAG Board of Management alongside Joachim Rumstadt (Chairman), Dr. Andreas Reichel (Human Resources), and Dr. Ralf Schiele (Market and Technology).

    Services

    Energy Services

    Energy Services

    Whether power plants or distributed facilities, whether conventional or renewable energies: we offer tailor-made solutions – from planning and development to implementation and optimization.

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    Renewable Energies

    Renewable Energies

    We play an active role in shaping the transition to a sustainable energy mix. We can contribute extensive experience in this field, too, because we already have been relying on renewables worldwide for many years.

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    District Heating

    District Heating

    As a regional energy company we supply private households, major customers and real estate companies in North Rhine-Westphalia, Saarland and Poland with environmentally friendly district heating.

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    Distributed Energy Supply

    Distributed Energy Supply

    The production of energy at the place it is needed is gaining more and more importance. STEAG New Energies develops tailor-made solutions for industry, municipalities, public utilities and the housing sector.

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    Technical Service

    Technical Service

    STEAG Technischer Service handles the complete planning and implementation of all technical services required for plant operation in the area of maintenance.

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    Energy Trading & Optimization

    Energy Trading & Optimization

    Trading & Optimization is the trading unit of STEAG: it handles raw material procurement and trading as well as the control and optimization of assets – for us and for external customers.

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    Waste Incineration

    Waste Incineration

    The generation of power and heat based on demanding fuels and sophisticated technologies is our core competence. STEAG Waste to Energy bundles the activities in the area of waste incineration.

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    Conventional Power Generation

    Conventional Power Generation

    Our safe and highly efficient power plants stand worldwide for the security of supply that consumers and industry need, now and in future.

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    Large Battery Systems

    Large Battery Systems

    Our large-scale battery systems maintain voltage and ensure the reliability of supply despite the increasing fluctuations in the power grid. In future they will take on even more tasks.

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    Jobs

    Careers

    STEAG is backed by a solid team.

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    News

    STEAG streamlines management

    CFO Dr. Heiko Sanders steps down / CTO Ralf Schmitz takes on additional responsibility for Finance

    Essen. Dr. Heiko Sanders, 52, Chief Financial Officer of STEAG GmbH since May 2020, is leaving the Essen-based energy company with effect from September 15, 2021, at his own request and by mutual agreement, in order to take on new professional challenges.

    The reason for this is the large overlap between the areas of responsibility of Dr. Heiko Sanders as Chief Financial Officer (CFO) and Ralf Schmitz, the Chief Transformation Officer (CTO), who was appointed in August 2021.

    Joint decision
    “After only a few weeks of working together it became clear that the links between restructuring and finance are so close that it is only logical to place the responsibility for both areas in one pair of hands,” says Dr. Heiko Sanders. Against that background, it was a decision arrived at jointly to reorganize the management team and to entrust CTO Ralf Schmitz with responsibility for Finance in the future.

    Thanks from the Supervisory Board
    Guntram Pehlke, the Chairman of STEAG’s Supervisory Board, thanked the outgoing CFO on behalf of the company and its representative bodies for his great personal commitment in what have been challenging times for STEAG. “Dr. Heiko Sanders came on board in troubled waters and made important contributions during his time as a member of the Board of Management – in drawing up a restructuring concept for STEAG, in closely supervising the ongoing transformation process and now also in the almost completed refinancing of STEAG and its parent company KSBG. We greatly regret that Dr. Sanders is leaving the company and wish him all the best for his professional and personal future.”

    The personnel decision that has now been taken was reached amicably by all those involved, Guntram Pehlke confirms. It underlines once again the great sense of responsibility for STEAG that Dr. Heiko Sanders has always exhibited during his work for the company, says the STEAG Supervisory Board’s Chairman.

    Ralf Schmitz, 54, whose area of responsibility within the Board of Management will be expanded accordingly on the departure of Dr. Heiko Sanders, is a partner in the Düsseldorf-based management consultancy Schmitz & Partner, and has extensive experience in the restructuring and transformation of companies in the industrial sector. An industrial engineer, he is the fourth member of the STEAG Board of Management alongside Joachim Rumstadt (Chairman), Dr. Andreas Reichel (Human Resources), and Dr. Ralf Schiele (Market and Technology).