German Uniper Appoints CCO

German utility Uniper has appointed Niek den Hollander as chief commercial officer with effect from June 1, 2020. He succeeds Keith Martin, whose term expires at the end of April, 2020.

Den Hollander joins Uniper from Vattenfall, where he is responsible for all wholesale trading activities, including asset optimisation. He built his management experience in financial and commercial trading in various roles predominantly at Vattenfall and Statkraft over the past two decades, after starting his career in option trading in the financial sector. 

Uniper's supervisory board chairman Bernhard Reutersberg said den Hollander's "entrepreneurial mindset and extensive international experience" made him a perfect fit and "would help Uniper drive the evolution of energy." He also thanked Martin "for his wholehearted commitment and dedication to our company" and for supporting the transition by staying until the end of April.

Finnish utility Fortum is poised to control Uniper, with nearly all approvals received for its application to buy a 70% stake. The takeover saw a string of high-level resignations, including Martin's.