City officials reinstate comprising trio on Düsseldorf's administrative board.
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Stadtwerke Düsseldorf Gets a New CFO: Jan Huth
After the departure of the Chief Financial Officer in January, the board at Stadtwerke Duesseldorf AG consisted of just the CEO and the HR and Sales Director. But that's about to change. On Wednesday (26.4.), Jan Huth was appointed as the new CFO, fortifying the existing board. Huth will join Stadtwerke Duesseldorf in July, following three years at Energie Baden-Württemberg AG (EnBW) as the head of accounting and taxes.
So, who's this guy? Let's break it down:
Jan Huth has climbed the finance ladder, honing his skills in various roles. This diverse experience ensures he's armed with the technical know-how to handle budgeting, financial planning, controlling, and reporting—key CFO responsibilities. But that's not all.
Huth has a thing for digitization. As the utilities sector evolves at a breakneck pace, digitizing financial processes is crucial. Huth's focus on digitization means he knows how to streamline accounting tasks, use data analytics for better forecasting, and boost transparency and compliance through digital tools.
But it's not just about the tech—Jan Huth has a knack for transformation. Leading change management is essential for any forward-thinking utility company, and Huth has the skills to navigate complex change processes, align finances with long-term initiatives, and support innovation while managing risks.
With a strategic mindset, Jan Huth views finance as more than just number crunching. He sees it as a means to drive growth, improve the customer experience, and generate new revenue streams. In other words, he's not just a bean counter—he's a strategic partner who understands how to connect financial management with digital transformation.
Lastly, Huth has the chops to handle industry-specific challenges like regulatory changes, sustainability demands, and technology disruption. With a keen eye on the future, he's set to ensure financing strategies support long-term resilience and innovation at Stadtwerke Duesseldorf.
A word from the Chairwoman of the Supervisory Board, Colette Rückert-Hennen: "We're investing big in a successful energy transition at Stadtwerke Duesseldorf, and these investments require smart financing concepts. With Jan Huth's guidance, we'll be on the right path."
And what does Jan Huth think? He's stoked about the challenge: “I can’t wait to jump in! Stadtwerke Duesseldorf is a powerhouse in the country, with an excellent rep. It's going to be exciting to drive the transformation of energy supply in and for Duesseldorf and work closely with the folks on the ground."
In the new leadership setup at Stadtwerke Duesseldorf, Jan Huth's expertise in finance, specifically in budgeting, financial planning, controlling, and reporting, will be invaluable. Huth's focus on digital transformation within the energy industry, such as streamlining accounting tasks and enhancing transparency with digital tools, will also contribute significantly to the company's growth and resilience.
