Thomas Martin (CEO a.i.) to leave Stichting ECN

Thursday April 6, 2017 15:51

Mr T. Martin (acting CEO) has decided to leave the ECN Foundation as of 1 May 2017. Mr Martin will finish his interim duties at ECN/NRG after 18 months to embark on a new challenge.

We can look back on a pleasant, productive period with Mr Martin. First of all, under his leadership as acting CFO, the company results of the ECN Foundation rose sharply in 2016 (from -€10.5 million in 2015 to -€1.5 million in 2016). Later on, during his time as acting CEO, the ECN Foundation reached agreements with the Dutch government about establishing a larger fund for dealing with historical nuclear waste. He also secured lower interest rates and obtained permission for a long-standing internal wish to separate the sustainable and the nuclear activities. In addition, Mr Martin made an important contribution to the plans concerning unbundling, a new organisation, reorganisation of the Petten location and a structural solution for processing historical nuclear waste in Petten.

The Supervisory Board is exceedingly grateful to Mr Martin for all his hard work.

The official separation of the activities at ECN will come into force on 1 January 2018. The preparations are on track. The Supervisory Board hopes to appoint a new acting CEO very shortly to ensure that the separation of the sustainable and the nuclear activities is concluded smoothly.

Category: Corporate