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Eric Stab is the new Chairman of the Supervisory Board of GASAG

01 March 2024

Berlin - Eric Stab was elected as the new Chairman of the Supervisory Board of GASAG AG by the Supervisory Board on 1 March 2024. The new election was necessary because the previous Chairman of the Supervisory Board, Manfred Schmitz, stepped down from the Supervisory Board on 29 February 2024.

Eric Stab has held various management positions in the ENGIE Group since 1991. The 54-year-old businessman represents ENGIE in Germany as Country Manager and Chairman of the Board of Management of ENGIE Deutschland AG. He is operationally responsible for ENGIE's Networks and Infrastructure business unit in Germany and, as Managing Director Europe, for the ENGIE Group's European network activities.

"The GASAG Group is one of the leading municipal energy service providers in Germany. As Chairman of the Supervisory Board, I am delighted to be able to help shape the work of GASAG. I am committed to ensuring that it can continue to play its central role as an enabler of the urban energy transition successfully and with a high level of competitiveness in the future and remain a reliable partner in achieving the state of Berlin's climate protection goals. GASAG will make the necessary contributions to the energy transition for its customers, with the aim of being climate-neutral by 2040," said Eric Stab.

Stab particularly thanked the previous Chairman of the Supervisory Board, Manfred Schmitz, for his work in recent years. "Manfred Schmitz has accompanied the fortunes of the company with commitment and played a personal role in the positive development of GASAG during this time." Manfred Schmitz had decided to leave ENGIE Deutschland.

Eric Stab, Country Manager and Chairman of the Board of Management of ENGIE Deutschland AG

About ENGIE Germany and the ENGIE Group

ENGIE's mission is the transition to climate neutrality. In Germany, we plan, build, operate and market wind, photovoltaic and hydropower plants as well as pumped storage and battery storage. We accompany industrial customers, municipalities and the housing industry in the implementation of their sustainability goals with the optimization of consumption as well as the execution and operation of highly efficient building and energy technology systems. With concepts for climate-friendly heat supply, mobility and digitization, we support the development of sustainable neighborhoods. We trade in electricity and gas, supply end customers with energy, offer multidisciplinary engineering solutions in the fields of energy, water and infrastructure, and are one of the leading storage operators in Germany. In 2023, ENGIE companies in Germany generated revenues of 2.75 billion euros.

The parent company ENGIE SA is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion.

The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

engie-deutschland.de/en / engie.com

Your contact

Alexa Schröder
Head of Corporate Communications
ENGIE Deutschland GmbH
+49 30 915810-250