Viterra Energy Services: Changes at the top

Essen: The Essen-based energy service provider, Viterra Energy Services, has now strengthened its management team. Guido Lücker (46), formerly the Board member responsible for GEA Lufttechnik in Bochum, joined the management with effect from September 1. It is planned for him to take over as CEO at the beginning of next year.

Michael I. Klein (62), CEO of Viterra Energy Services since 1990, is planning to retire then. Michael I. Klein: "I am very pleased that in Guido Lücker we have managed to find the right man so soon and I am sure that he will be successful in shaping the future of Viterra Energy Services."

Guido Lücker studied mining engineering and business economics in Aachen and Essen. He started his professional career in 1987 as a marketing assistant at Robbins Company in Seattle/USA, the leading manufacturer of tunnel-boring equipment. Then he moved to the construction machine manufacturer, O & K Orenstein & Koppel AG, in Dortmund as a product manager and assistant to the Board. Later he became the head of division for some of the activities. In 1993 he changed to GEA AG in Bochum where he was the head of Corporate Development. Two years later, he was appointed the Board member responsible for GEA Lufttechnik

You can download Guido Lücker's profile at http://www.viterra-es.com/21107.html

Viterra Energy Services GmbH & Co. KG

Viterra Energy Services is the world's leading specialist in the consumption-dependent metering and billing of energy and water. The services offered to property managers, house owners and energy utilities cover not only the supply and installation of meters but also metering and consumption-dependent billing as well as the collection of ancillary cost payments. Viterra Energy Services had another successful year in 2002, recording sales of approx. € 463 million and an operating profit of € 104.5 million. The roughly 3,700 employees throughout the world meter and bill the individual energy consumption of 300,000 customers and read over 50 million meters a year.

The sale of VES to the funds advised by CVC Capital Partners was approved in June with retroactive effect from January 1, 2003. The British financial investor bought the Essen-based company from the real estate company Viterra AG, an E.ON subsidiary. CVC Capital Partners is one of the largest private equity companies in Europe. The international company, whose German headquarters are in Frankfurt, invests capital of institutional investors in attractive companies with a secure future.