General – Appointment
The Supervisory Board of TenneT Holding has appointed Arina Freitag as chief financial officer (CFO), the European grid operator whose main activities are in the Netherlands and large parts of Germany.
Freitag’s appointment takes effect on 1 January 2022. She will succeed Otto Jager, who has been TenneT CFO since 2013 and in early 2021 announced his decision to leave the company.
In her career, Arina has proven that she combines strong expertise in finance with excellent business judgment and the ability to deal with highly complex projects and demanding stakeholders. The Supervisory Board strongly believes that as CFO Arina will contribute to leading TenneT into the coming decade of record investments in the energy transition in Germany, the Netherlands and Europe.
Designated CFO Arina Freitag said: “As CFO I can make an important contribution to further driving TenneT’s key role in the energy transition. I’m looking forward to applying and developing my broad experience in infrastructure and dealing with challenging political and social environments to further TenneT’s growth agenda. I am fascinated by TenneT’s corporate mission and culture and am eager to help the organisation transform.”
Arina Freitag (age 50) has more than 20 years of experience in the finance sector and in executive and non-executive board roles in major German infrastructure companies where regulatory topics and a political environment play an important role: Freitag has been Managing Director of Airport Stuttgart GmbH since 2017.
She began her career as an economist at the Bank of Tokyo-Mitsubishi in 1998. In 2001, she moved to Fraport AG as Head of Financial Communications and subsequently held various management positions with a focus on finance, operations and regulation.
From 2011, she was responsible for Fraport AG as Senior Vice President Commercial Affairs – Aviation. In 2015, she moved to Deutsche Bahn, where she was responsible for marketing and sales at DB Netz.