SMA Solar Technology AG (SMA/FWB: S92) has a new Chief Financial and Legal Officer. As previously announced on May 19, 2022, the Supervisory Board has appointed Barbara Gregor – formerly Chief Financial Officer of thyssenkrupp Materials Trading Group and Managing Director (CFO) of the international thyssenkrupp Materials Trading GmbH – as a member of the Managing Board. The initial appointment will last for a period of three years. Barbara Gregor has extensive international experience in all areas relating to her CFO responsibilities.
“With Barbara Gregor, we have gained a recognized expert who has many years of experience in finance and who, together with Chief Executive Officer Jürgen Reinert, will expand and drive forward the further development of the company as it becomes a sustainable systems and solutions provider,” said Uwe Kleinkauf, Chairman of the SMA Supervisory Board. “The course is currently being set for even stronger growth in renewable energies in the future. We are convinced that the new Managing Board team will successfully take SMA’s development further with innovative solutions and business models and a sustainable financial strategy.”
“In view of the energy crisis and the dramatic development of climate change, renewable energies are becoming more important than ever,” said SMA Chief Executive Officer Jürgen Reinert. “The industry is facing great opportunities but also new challenges. Also, by virtue of her many years of international experience, Barbara Gregor brings with her all the capabilities required to continue to successfully position a global, innovative energy transition company like SMA in a future industry. I look forward to working with her.”
Barbara Gregor’s professional background
Barbara Gregor (born in 1970) studied business management and, over the past 20 years, has held diverse management positions in international companies and group companies with a focus on finance and controlling. Barbara Gregor has many years of experience in all areas relating to her CFO responsibilities, in managing and further developing the areas of Finance, Controlling, Accounting, Risk Management, Human Resources and IT. Before joining SMA, she was CFO of the international thyssenkrupp Materials Trading operating unit and Managing Director (CFO) of thyssenkrupp Materials Trading GmbH. Since December 1, 2022, Barbara Gregor has been responsible for Finance, Legal and Capital Market Communications on the SMA Managing Board.
As a leading global specialist in photovoltaic and storage system technology, the SMA Group is setting the standards today for the decentralized and renewable energy supply of tomorrow. SMA’s portfolio contains a wide range of efficient PV and battery inverters, holistic system solutions for PV and battery-storage systems of all power classes, intelligent energy management systems and charging solutions for electric vehicles and power-to-gas applications. Digital energy services as well as extensive services up to and including operation and maintenance services for PV power plants round off SMA’s range. SMA inverters with a total output of more than 120 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,700 patents and utility models. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is listed in the TecDAX index and SDAX index.
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This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations, and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.