Report
Thijs Berkelder

Elia Group : Uncertainty on new CEO starting to affect quality investor profile

>One year further: still no new group CEO - Yesterday an article in newspaper De Tijd was titled: “It is irresponsible that Elia already so long is without CEO”. Former CEO Chris Peeters (see picture below) was already appointed by BPost on 6 September 2023, and left Elia Group at the end of October 2023. Since that date CFO Catherine Vandenborre (see picture below) took over the job as interim-CEO, but also made clear she does not have the ambition to permanently bec...
Underlying
Elia Group SA/NV

Elia System Operator develops, operates and maintains very-high-voltage (380 kV, 220 kV and 150 kV) and high-voltage (70 kV, 36 kV and 30 kV) networks, providing its customers with consultancy and engineering services. Whether in Belgium, Germany or elsewhere in Europe or the U.S., Co. ensures that electricity flows reliably from energy producers to distributors and large corporate customers. Co.'s main activities include transmission operator, system operator and market facilitator, developing and maintaining grid infrastructure, connecting electrical installations to grids, providing transparent access to grids, while taking initiatives to improve electricity market operations.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Thijs Berkelder

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