"After six intense years, this is the right time"
When Magnus hall took over the CEO position at Vattenfall six year back, the Swedish utility was still a highly fossil-fueled company but poised to switch toward wind power. When Hall leaves the state-owned utility, his replacement will be tasked with leading the group through an entirely new energy landscape.
Of the several dozen quarterly interim reports Vattenfall Chief Executive Magnus Hall has presented during his tenure, the latest financial statement probably marks one of the best moments for the CEO to announce his resignation.
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