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The Independent UK
The Independent UK
National
Via AP news wire

CEO of nationalized German gas supplier Uniper to step down

Uniper KlausDieter Maubach
ASSOCIATED PRESS

The CEO of energy company Uniper has decided to step down after the German government nationalized the gas supplier last month, Uniper said Tuesday.

Klaus-Dieter Maubach is exercising a special right to terminate his contract and will leave the board this year, Uniper said in a statement. It added that Maubach, who has led the company since March 2021, was willing to stay in the job until a suitable replacement is appointed.

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