Pierre-Pascal Urbon has been elected as the new CEO of PV inverter market leader SMA Solar Technology, replacing Günther Cramer. Urbon, who also is the company’s CFO, was appointed to the additional position at a meeting of the managing board and will assume his new position on May 26, following the firm’s annual general meeting.
The 40-year-old Urbon, who joined SMA in 2005, has been a member of the managing board since 2006, with responsibility for the areas of finance, law, and investor relations. He holds an MBA and worked in from 1997 to 2005.
Cramer explained that “the election of the new CEO and the planned move of the two founders of the company, Günther Cramer and Peter Drews, to the supervisory board signals our next step in the systematic succession strategy of the SMA managing board, and thus completes the generation shift that we have been planning carefully for many years.
“After 30 years of responsibility for operations, my colleague Peter Drews and I will, as planned, be standing as candidates for the supervisory board at the upcoming annual general meeting. We both remain deeply committed to SMA and will continue to support the team in an advisory function.”
The outgoing CEO noted that Urbon “has played a key role in directing the company on its present path and stands for strategic continuity. First of all, he was responsible for driving SMA's internationalization process forward, and he then implemented the corporate IPO. His wealth of experience in consulting, operative business management and in the international photovoltaic markets will stand him in good stead, working together with his colleagues on the managing board and the worldwide team to continue the SMA success story.”
Following the annual general meeting, SMA’s managing board will be comprised of Urbon, Jürgen Dolle (chief HR officer), Roland Grebe (CTO), Uwe Hertel (COO), and Marko Werner (CSMO).