Thursday, June 25, 2015

Peter Terium: RWE CEO

Peter Terium was born in Nederweert, the Netherlands in 1963. Peter wanted to be a chartered accountant so he enrolled at the Nederlands Institut voor Registeraccountants in Amsterdam and worked at the same time as an independent auditor for the Dutch Ministry of Finance. He became an audit supervisor at KPMG, Einhoven, Netherlands in 1985. 
From 1990 to 2002, Peter worked in various senior international finance positions in the packaging industry for Schmalbach-Lubeca AG, Ratigen, Germany.
In January 1, 2003, he joined the RWE Group as Head of Group Controlling at RWE AG. The following year he also became a member of the Executive Board of RWE Umwelt AG. Peter was deeply involved in the restructuring and selling of RWE Umwelt AG. 
After several more promotions with increasing responsibility on September 1, 2011, he was appointed Member of the Executive Board and Deputy CEO of the Board of RWE AG. In July 1, 2013, Peter was appointed Chief Executive Officer of RWE AG. 
RWE AG is a major German utilities company and the services of Peter is still very much wanted. While he is due to finish his term on August 31, 2016. A new contract extends his term for another five years. 

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