After nearly six years as President and CEO Magnus Hall has decided to leave Vattenfall.
He will leave Vattenfall at the latest on January 31, 2021.
The Board of Directors will now initiate the recruitment process to find a new President and CEO.
Through his leadership and his commitment to Vattenfall’s customers and employees and to the energy transition, Magnus Hall has significantly contributed to Vattenfall’s improved position in the market. He leaves a financially stronger and more stable Vattenfall with a clearly defined target – to enable fossil free living within one generation.
The Board will now start the recruitment process for a new President and CEO with the goal to make a smooth succession. Vattenfall’s existing strategy and financial targets remain unchanged.