Executives & Directors

CEO and Executive Board


Responsibility for the management of the Axpo Group lies with the Chief Executive Officer (CEO), who is supported by a Deputy CEO and the Executive Board. The CEO has overall responsibility to the Board of Directors. The Executive Board, chaired by the CEO, coordinates and monitors the Group's business activities.

All members

Chief Executive Officer, Swiss national

Christoph Brand has been Chief Executive Officer (CEO) of the Axpo Group since 1 May 2020 and holds a degree in economics from the University of Bern. He also completed the Advanced Management Programme at INSEAD. From 2012 to 2020, he held various positions at TX Group (formerly Tamedia), most recently as CEO of TX Markets, which includes the companies Ricardo, Tutti, Jobs and Homegate. Previously, he was CEO of the software company Adcubum, CEO of the telecom company Sunrise, CEO at Bluewin and held leading positions at Swisscom, most recently as Chief Strategy Officer and member of the Group Executive Board. 

Christoph Brand is a member of the following boards of directors: CKW AG (Chairman), Scout24 AG, AMAG Group AG. He is also a member of the Board of gfm Schweizerische Gesellschaft für Marketing.


Head Business Area Generation & Distribution, Deputy CEO, Swiss national

Andy Heiz, dipl. El.-Ing. (electrical engineer) ETH and MBA INSEAD, has been Head of the Generation & Distribution business area since November 2014 and Deputy CEO and member of the Executive Board of Axpo Holding AG since 1 October 2019. From 2007 to September 2014, he worked for ABB, first as Head of Corporate Strategy, and, from 2011, as Head of Product Group Renewables. Prior to this, he held various management positions (most recently Association Principal) for McKinsey & Company in the USA as well as for ABB Alstom Power in Malaysia and ABB Power Generation in Switzerland.

Andy Heiz is a member of the following boards of directors: Axpo Power AG, Kernkraftwerk Leibstadt AG (Chairman), Kernkraftwerk Gösgen AG (Vice Chairman) and a member of the Commission for the ecommissioning and Waste Disposal Fund for Nuclear Facilities. 

 

Head Business Area Trading & Sales, Swiss and Italian national

Domenico De Luca, M. Sc. Mechanical Engineering from

the University of La Sapienza (Rome) and Chartered Financial Analyst CFA, completed an MBA and Advanced Management Programme AMP at IESE Business School (Barcelona) and the CQF (Certificate of Quantitative Finance) programme in London. Since October 2014, he has been Head of Trading & Sales and a member of the Executive Board of Axpo Holding AG. From 2009 to 2014, he was responsible for operations in the field of International Trading & Origination for Axpo Trading AG (up to 2012 EGL AG; since 2018 Axpo Solutions AG) and served as a member of their executive management. Between 2007 and 2009, he was CEO of EGL Italia and from 2001 to 2007 Managing Director of EGL España. Prior to that he worked for Mixpac Systems AG and for ABB SAE SADELMI.

Domenico De Luca is a member of the following Board of Directors: Axpo Solutions AG and Axpo Italia SpA. He is also on the Board of Managers of Axpo U.S. LLC.


Chief Financial Officer, Swiss and Dutch national

Joris Gröflin, lic. oec. HSG and CEMS Master, has been Chief Financial Officer (CFO) and a member of the Executive Board of Axpo Holding AG since 1 April 2019. Since 2006 he has held management roles at Rieter Holding AG in Winterthur – from 2011 to 2019 as Chief Financial Officer and member of the Executive Board. From 2001 to 2006, he worked in various roles (most recently as manager) at A.T. Kearney in Switzerland.

Joris Gröflin is a member of the following boards of directors: Axpo Power AG (Chairman), Axpo Services AG (Chairman), Axpo Solutions AG (Chairman) and Centralschweizerische Kraftwerke AG (Vice Chairman). 



Chief Executive Officer CKW, Swiss national

Martin Schwab holds a degree in Business Administration HF, is an expert in accounting and financial controlling and has an MBA from the University of Rochester, N.Y. He has been Chief Executive Officer (CEO) of Centralschweizerische Kraftwerke AG since April 2018 and a member of the Executive Board of Axpo Holding AG since February 2011. From February 2011 to March 2018, he was Chief Financial Officer (CFO) of Axpo Holding AG. From 2005 to the end of 2010, he was CFO of the Selecta Group. Prior to that, he was the Finance Director and Deputy Managing Director of the Compass Group (Switzerland) AG and Management Reporting Manager of the Compass Group in London. From 1999 to 2002, he was the CFO of Selecta AG and previously commercial director at Dr. Siegrist AG.

Martin Schwab is a member of the following boards of directors: CKW Conex AG (Chairman), Board of Trustees of PKE Vorsorgestiftung Energie (Vice Chairman) and a member of the Board of Directors of the Central Switzerland Chamber of Commerce and Industry (IHZ). 



Chief Operating Officer, Danish national

Henriette Wendt has been Chief Operating Officer (COO) since 1 June 2021. In this role, she is integral in leading the steering functions Strategy & Transformation, Corporate Human Resources, Legal & Regulatory, Ethics & Compliance, Corporate Communications & Public Affairs and Technology Management. She holds a Master’s degree in business strategy from the International Business School ESSEC (Paris). Henriette Wendt joined Axpo from Microsoft Switzerland, where she held the position of Chief Marketing & Operations Officer. Previously, she worked mainly in the telecom sector (Telia Company, Swisscom, Motorola and others). For the Sweden-based Telia Company, she managed the business in Lithuania, Estonia and Denmark as a member of the Group Executive Board (turnover of CHF 1.5 billion). Henriette Wendt has also successfully led strategy and business development units as well as M&A and sustainability activities. In the area of cultural transformation, she worked closely with HR, compliance and communications teams. 

Board of Directors


The Board of Directors of the Axpo Group is appointed by the Shareholders’ General Meeting. Members are proposed by the shareholders and elected for a 2-year term. They can be re-elected. Members do not perform executive functions within the Group.

All members


Chairman of the Board of Directors, Swiss national

Thomas Sieber, lic. oec. (HSG), has been Chairman of the Board since March 2016 and was an additional Delegate of the Board from October 2019 until the end of April 2020. He is currently a member of the Remuneration and Nomination Committee and the Strategy Committee. From 2016 to January 2018, he was also a member of the Audit and Finance Committee. From 2012 to the end of 2015, Thomas Sieber was Chairman of Salt Mobile SA, which he spearheaded from 2009 to 2012 as CEO. He previously held senior management positions for Hewlett Packard Inc. and Fujitsu Siemens Computers AG.

Other mandates: Sierra Wireless and HCL Technologies. 


Vice Chairman of the Board of Directors, Swiss national

Hanspeter Fässler, dipl. Masch.-Ing.(mechanical engineer) ETHZ/Dr. sc. techn., has been a member of the Board of Direc-tors since March 2017. He is also a member of the Strategy Committee and has been Chairman of the Remuneration and Nomination Committee since January 2018. He has worked as an independent board member since 2015. Prior to that, he was with ABB for about 25 years, during which time he assumed various national and international responsibilities, including as CEO of ABB Switzerland.

Other mandates: ANYbotics AG (Chairman), Dätwyler IT Infra AG (Chairman), Dätwyler Holding AG (Vice Chairman) and Hatebur Umformmaschinen AG (Vice Chairman). 


Austrian national

Dorothée Deuring, M. Sc. Chemistry and MBA INSEAD, has been a member both of the Board of Directors and the Audit and Finance Committee since March 2017. She has worked as an independent consultant for corporate finance and mergers & acquisitions since 2014. She previously spearheaded Corporate Finance Group Europe at UBS AG and was Managing Director in Investment Banking at Sal. Oppenheim jr. & Cie. In the period from 2003 to 2007, she was Vice Di-rector of the Corporate Finance, Mergers & Acquisitions department at Hoffmann- La Roche AG.

Other mandates: Elementis plc (member of the Board of Directors, member of the Audit and Compensation Committee).


Swiss national


Martin Keller, dipl. civil engineer HTL/SIA, has been a member of the Board of Directors since April 2019 and a member of the Remuneration and Nomination Committee since June 2019. Since July 2018 he has been Managing Director of Sika Schweiz AG. Before that he worked in the construction industry and in the cement industry. From 2008 to 2019, he was a member of the Grand Council of the Canton of Aargau and the Commission for Environment, Construction, Transport, Energy and Spatial Planning, and was its Chairman from 2009 to 2013.

Other mandates: Eduard Meier AG, Eduard Meier Verwaltung AG, Tägerhard Kies AG, MOT Transport AG and cementaargau.ch (Vice Chairman). 


Swiss national


Stefan Kessler, lic. iur. HSG, LL.M., lawyer, has been a member of the Board of Directors since January 2018 and Chairman of the Audit and Finance Committee since January 2019. Stefan Kessler has worked as an independent consultant since 2017, with a focus on interim management and M&A transaction management (Kreis2 AG) and as a member of the Board of Directors. Prior to that, he worked for the Graubünden energy company Repower in various senior management posi-tions for around 12 years, most recently as CFO and thus also a member of Executive Management, during which time he had a significant impact on the company's business and operations. He previously worked as a legal counsel for a bank and as an attorney at a large commercial law firm in Zurich.

Other mandates: Member of the municipal council and chair-man of the school commission of the municipality of Jenins.Member of the Board of Directors of Stiftung Gesundheitsversorgung Oberengadin, Member of the Board of Directors of Laudinella AG. 


Swiss national

Stephan Kuhn, lic. oec. HSG, has been a member of the Board of Directors since January 2018 and a member of the Audit and Finance Committee since January 2019. Prior to that, he was a member of the Remuneration and Nomination Committee until June 2019. Since 2015, he has worked as an independent senior advisor. From 2002 to 2015, Stephan Kuhn worked for Ernst&Young (EY). There he was most recently Head of Tax and Legal Consulting at EY in EMEIA (Europe, Middle East, India and Africa) and in parallel from 2011 to 2014 responsible for the consulting and auditing of financial institutions (banks, insurance companies and asset managers) in Switzerland.

Other mandates: Kuhn currently limits his work to charitable foundations, associations and international organisations in the fields of education and culture.  


German national


Peter Kreuzberg, economics graduate and Dr. rer. pol., has been a member of the Board of Directors, the Audit and Finance Committee and the Corporate Risk Council since March 2017. Since 2013, he has worked as an independent senior advisor in energy and finance. From 2004 to 2012, he was a member of the Board of Managing Directors of RWE Supply & Trading, with commercial responsibility in the fields of asset optimisation and energy trading. Between 2002 and 2004, he spearheaded commodity risk management for the RWE Group. He was previously responsible as a director for trade with structured products at Enron Europe Ltd in London. 


Swiss national

Jakob Stark, Dr. phil. I, has been a member of the Board of Directors and the Strategy Committee since January 2021. He has been the SVP representative of the Canton of Thurgau in the Council of States since December 2019. He was a member of the Thurgau cantonal government from June 2006 to May 2020. Before that, he was community president for 18 years, ten of them full-time and eight years part-time in combination with his work as business and domestic editor for various Swiss newspapers.

Other mandates: Chairman of Lignum Holzwirtschaft Schweiz (from May 2021). 


Swiss national

Roger Wüthrich-Hasenböhler, Electrical Engineering HTL, Executive MBA HSG, has been a member of the Board of Directors and the Strategy Committee since March 2017. He has chaired the Strategy Committee since January 2021 and has also been a member of the Remuneration and Nomination Committee since January 2020. He has been a member of the Swisscom AG Executive Board since 2011, responsible for the SME business, and has additionally served as Chief Digital Officer since 2016, responsible for Swisscom’s digital business.

Other mandates: Swisscom Directories AG (Chairman), Swisscom Trust Services AG (Chairman), Ajila AG, Sursee (Chairman) and others.

Committees

Audit and Finance Committee

Stefan Kessler, Chairman

Dorothée Deuring

Dr. Peter Kreuzberg

Stephan Kuhn, Deputy

Compensation and Nomination Committee

Dr. Hanspeter Fässler, Chairman

Martin Keller

Roger Wüthrich-Hasenböhler

Thomas Sieber, Deputy

Strategy Committee

Roger Wüthrich-Hasenböhler, Chairman

Dr. Hanspeter Fässler

Jakob Stark

Thomas Sieber, Deputy

Owners

The shares of Axpo Holding AG are wholly owned by the cantons of Northeastern Switzerland and the cantonal utilities.

  in % 19 December 2014, in CHF million
Canton of Zurich 18.342 67.9
Power stations of the Canton of Zurich 18.410 68.1
Canton of Aargau 13.975 51.7
AEW Energy AG 14.026 51.9
SAK Holding AG 12.501 46.3
EKT Holding AG 12.251 45.3
Canton of Schaffhausen 7.875 29.1
Canton of Glarus 1.747 6.5
Canton of Zug 0.873 3.2
Total 100 370.0