Exciting Leadership Change at Ignitis Renewables
Leadership Transition at Ignitis Renewables
AB “Ignitis grup?” has made a significant announcement regarding the appointment of a new Chief Executive Officer for its subsidiary, UAB “Ignitis Renewables”. The Board has selected Frank Oomen, who brings with him a wealth of experience in the renewable energy sector to lead the company into its next chapter.
Meet Frank Oomen
Frank Oomen will officially begin his five-year term as CEO starting from 1 September. With more than 15 years of leadership experience, Oomen has held key positions at renowned energy companies, including BP and SSE Renewables, where he contributed to large-scale renewable energy initiatives nationwide.
Experience and Expertise
Oomen's professional background includes a robust engineering foundation, making him well-rounded in business development and strategy execution. His proven track record in launching and managing significant projects across various domains of renewable energy—such as offshore and onshore wind, solar energy, and battery storage—positions him excellently for this role.
Seamless Leadership Transition
Previously, Thierry Aelens served as the CEO but stepped down earlier in the year. To ensure continuity during this transition, Gary Bills, the company's current COO, has been stepping in as the Interim CEO since 31 March. The company prioritized a smooth handover to maintain its operations without disruption.
Strategic Growth and Recruitment
In light of the CEO transition, Ignitis Renewables aimed to attract high-caliber candidates for this pivotal role. An international recruitment agency specializing in renewable energy was enlisted, leading to the consideration of 136 qualified candidates during the selection process.
Focusing on Renewable Energy Innovations
Ignitis Renewables has firmly established itself as a frontrunner in the green energy sector in the Baltics and Poland. The company’s forward-looking approach is dedicated to enhancing green generation technologies by investing in onshore and offshore wind, solar energy, battery technologies, and power-to-X initiatives.
Commitment to Green Capacities
As part of its ambitious strategy, Ignitis Renewables aims to increase its Green Capacities from the current 1.4 GW in 2024 to between 4 and 5 GW by 2030. This strategic objective underscores the company’s commitment to boosting its renewable energy footprint and advancing sustainable practices across the region.
Maintaining Financial Health
The leadership changes and strategic initiatives undertaken by Ignitis Renewables are not expected to impact the Group's Adjusted EBITDA and investment forecasts for the upcoming year. The company's focus remains on sustainable growth while maintaining financial stability.
Additional Information and Contact
If you would like to know more about Ignitis Renewables or have any queries related to this announcement, please feel free to reach out to the company's Communications Officer:
Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt
Frequently Asked Questions
Who is the new CEO of Ignitis Renewables?
The new CEO is Frank Oomen, who has extensive experience in the renewable energy sector.
When does Frank Oomen start his role?
He officially takes on the CEO position on 1 September.
What companies did Frank Oomen work for previously?
He has worked for notable companies such as BP, SSE Renewables, and Eneco Wind & Solar.
What is Ignitis Renewables' capacity growth target?
The company aims to expand its Green Capacities from 1.4 GW in 2024 to 4–5 GW by 2030.
How many candidates were considered for the CEO position?
A total of 136 candidates were part of the selection process.
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