back to overview

EEW Energy from Waste appoints Stefan Schmidt as new Chief Financial Officer

The financial department that has been managed hitherto in an acting capacity by CEO Timo Poppe will be under new management as from 1 March 2024. EEW Energy from Waste GmbH (EEW) is appointing a new CFO in the shape of Stefan Schmidt with effect from 1 March 2024. Schmidt who has a degree in Business Administration and is a trained tax consultant and auditor, has many years of experience in managerial positions, and he will bring comprehensive expertise to his work at the head of the financial department.

EEW Energy from Waste GmbH is delighted to announce the appointment of Stefan Schmidt as new Chief Financial Officer (CFO). As from 1 March 2024, he will become part of the management board and run the financial department that has been managed hitherto by CEO Timo Poppe in an acting capacity.

Bernard M. Kemper, Chairman of the Supervisory Board, emphasises the comprehensive expertise and experience that Stefan Schmidt will bring to his new role at EEW.  As CFO, he will thus make a crucial contribution towards strengthening the financial performance of the EEW Group and to its sustainable growth.

Stefan Schmidt started his career at EY in Düsseldorf after training as a banker and completing a degree in Business Administration at the University of Cologne. He subsequently took on various managerial positions in the financial departments of groups and SMEs in different industries, among them with the Schwarz Group and Carrier Kältetechnik GmbH. In the last eight years, he worked as Group CFO and Managing Director of the OQ Chemicals Group, one of the world’s leading manufacturers of oxo chemicals.

EEW’s financial department to be managed by him in the future, comprises the areas of finance, controlling, IT and purchasing. The four commercial managers of the regional group companies will also remain an integral part of the department.

In his new role, Stefan Schmidt will work at the company headquarters in Helmstedt.

EEW Energy from Waste GmbH offers a warm welcome to Stefan Schmidt and wishes him every success in his new role.

About EEW: EEW Energy from Waste GmbH (EEW) is a market leader in Europe in the thermal treatment of waste and sludge. Today, EEW Energy from Waste is already making a vital contribution to the protection of the climate and resources and is thus an essential part of the circular economy. At our currently 17 facilities in the Group, we are able to recycle around 5 million tonnes of waste per year for energy. More than 1,400 employees are responsible for exploiting the energy in the waste, reducing the volume of waste, eliminating the risks emanating from the waste safely and harmlessly as well as recycling metal and composites. We also use the energy contained in the waste efficiently, extracting process steam for industrial systems, district heat for residential areas and generating environmentally friendly electricity. As part of our sustainability strategy, we have set ourselves the goal of becoming climate-neutral by 2030 and climate-positive by 2045. Besides reducing carbon, one key measure will be to achieve carbon capture in our facilities. The carbon captured is either to be stored underground or used as a valuable commodity for chemical products in a climate-neutral economy of the future.