Wassenberg Leaves Senvion

Marcus A. Wassenberg, CFO of Senvion SE in Hamburg since 1 June 2012, is leaving the company at his own request by the end of September. He will take up a leading position in an international company outside of the wind energy industry. Until a successor has been identified CEO Andreas Nauen will oversee this department.

Marcus A. Wassenberg has worked for Senvion SE, one of the leading wind energy turbine manufacturers worldwide and a wholly owned subsidiary within the Suzlon Group, since April 2009. Before joining the executive board, Marcus A. Wassenberg was responsible for the financial sector of the company as Senior Vice President Management Control. This period was amongst others marked by the signing of an agreement in 2012 with an international consortium of banks for a syndicated loan of 750 million Euros as well as the early securing of the follow-on financing in March 2014 with a period of three years and an increase of the financial framework of 100 million Euros.

Tulsi R. Tanti, chairman of the Supervisory Board of Senvion SE and chairman of Suzlon Group, says: “Marcus Wassenberg made important contributions to the success of Senvion in the past years and we owe him gratitude for that. We extend our best wishes for his personal and professional success and we will stay on cordial terms with him.”