Andreas Umbach Steps Down as Chair of Landis+Gyr, Introducing Audrey Zibelman as Successor
In a significant leadership transition, Andreas Umbach, the Chair of the Board of Directors at Landis+Gyr Group AG, has announced he will not seek re-election. He has been at the helm since 2017, and his departure signals a new chapter for the company as it continues strengthening its presence in the Americas.
Umbach, who has played a critical role in the company for the past seven years and has nearly two decades of executive experience within Landis+Gyr, stated, "I have had the privilege of serving Landis+Gyr for more than seven years as Chair and 18 years in executive functions, most of it as CEO. It is therefore now the right time to hand over the leadership of the Board of Directors to new hands." His leadership tenure has seen the company navigate numerous challenges and opportunities within the energy management sector, reflecting a substantial commitment to advancing integrated solutions that promote sustainable energy consumption.
In light of Umbach’s decision, the Board of Directors has nominated Audrey Zibelman, an independent member currently serving as the Vice Chair, to step into the role of Chair during the upcoming Annual General Meeting scheduled for June 2025. Zibelman’s extensive background in the energy sector positions her well for this new responsibility. As a former CEO and Managing Director of the Australian Energy Market Operator, and with previous roles at PJM and Xcel Energy, she brings a wealth of industry knowledge and leadership experience. Her time as Chair of the New York Public Services Commission, combined with recent contributions at Alphabet’s X, focusing on grid digitalization, highlights her innovative approach to energy management.
The nomination of Zibelman is particularly strategic as Landis+Gyr intensifies its focus on the Americas, a region that now accounts for over half of the company’s sales and earnings. This geographic shift aims to enhance operational efficiencies and strengthen market competitiveness in a rapidly evolving energy landscape.
Further, the Board of Directors is set to propose the election of another new member at the forthcoming AGM, implementing a process that aims to continue the ongoing transformation and revitalization of the Board. This forthcoming election reflects Landis+Gyr's proactive approach in equipping itself with the necessary talent and perspective to address the complex demands of the energy sector.
Founded in 1896, Landis+Gyr has established itself as a leading global provider of integrated energy management solutions, which focus on enabling utilities and consumers to optimize energy utilization. With a robust portfolio of software, services, and intelligent sensor technologies, the company is driving initiatives that align with global decarbonization goals. In FY 2023 alone, Landis+Gyr played a critical role in avoiding around 9 million tons of CO2 emissions.
As we look ahead, the leadership transition at Landis+Gyr represents not just a change in personnel but a strategic pivot towards future growth and sustainability amid an increasingly competitive energy marketplace. With Zibelman's ability to lead and innovate, coupled with a clear focus on operational excellence across the Americas, Landis+Gyr is poised for continued success under her guidance. For more information about Landis+Gyr and their initiatives, you can visit their website at www.landisgyr.com.
Umbach, who has played a critical role in the company for the past seven years and has nearly two decades of executive experience within Landis+Gyr, stated, "I have had the privilege of serving Landis+Gyr for more than seven years as Chair and 18 years in executive functions, most of it as CEO. It is therefore now the right time to hand over the leadership of the Board of Directors to new hands." His leadership tenure has seen the company navigate numerous challenges and opportunities within the energy management sector, reflecting a substantial commitment to advancing integrated solutions that promote sustainable energy consumption.
In light of Umbach’s decision, the Board of Directors has nominated Audrey Zibelman, an independent member currently serving as the Vice Chair, to step into the role of Chair during the upcoming Annual General Meeting scheduled for June 2025. Zibelman’s extensive background in the energy sector positions her well for this new responsibility. As a former CEO and Managing Director of the Australian Energy Market Operator, and with previous roles at PJM and Xcel Energy, she brings a wealth of industry knowledge and leadership experience. Her time as Chair of the New York Public Services Commission, combined with recent contributions at Alphabet’s X, focusing on grid digitalization, highlights her innovative approach to energy management.
The nomination of Zibelman is particularly strategic as Landis+Gyr intensifies its focus on the Americas, a region that now accounts for over half of the company’s sales and earnings. This geographic shift aims to enhance operational efficiencies and strengthen market competitiveness in a rapidly evolving energy landscape.
Further, the Board of Directors is set to propose the election of another new member at the forthcoming AGM, implementing a process that aims to continue the ongoing transformation and revitalization of the Board. This forthcoming election reflects Landis+Gyr's proactive approach in equipping itself with the necessary talent and perspective to address the complex demands of the energy sector.
Founded in 1896, Landis+Gyr has established itself as a leading global provider of integrated energy management solutions, which focus on enabling utilities and consumers to optimize energy utilization. With a robust portfolio of software, services, and intelligent sensor technologies, the company is driving initiatives that align with global decarbonization goals. In FY 2023 alone, Landis+Gyr played a critical role in avoiding around 9 million tons of CO2 emissions.
As we look ahead, the leadership transition at Landis+Gyr represents not just a change in personnel but a strategic pivot towards future growth and sustainability amid an increasingly competitive energy marketplace. With Zibelman's ability to lead and innovate, coupled with a clear focus on operational excellence across the Americas, Landis+Gyr is poised for continued success under her guidance. For more information about Landis+Gyr and their initiatives, you can visit their website at www.landisgyr.com.
Topics Energy）
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