Ex-Rolls-Royce Manager Quits German Utility After Boardroom Spat

Andreas Schell unexpectedly resigned as chief executive of German utility Energie Baden-Wuerttemberg AG less than halfway into his three-year term after clashing with the supervisory board over strategy.

Schell, 54, who took charge of EnBW in November 2022, is leaving the post with immediate effect on Friday, the Karlsruhe-based company said in a statement. The supervisory board accepted his decision at an extraordinary meeting convened earlier in the day.