International Power CFO steps down

International Power's Chief Financial Officer (CFO), Mark Williamson will step down from the board at the next annual general meeting on 15 May 2012 in order to take up a position in GDF SUEZ.

Geert Peeters will join International Power as Deputy CFO on 3 January, and is set to joined the board at CFO when Williamson leaves.

Peeters is currently Vice President (VP) and the CFO of the Global Gas & LNG division of GDF SUEZ.

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He previously worked for GDF SUEZ North America for eight years holding various senior positions, with his last role being VP and CFO of GDF SUEZ North America.

Dirk Beeuwsaert, Chairman of International Power said: "We are delighted that Mark is staying on within the wider GDF SUEZ group, which will benefit immensely from his experience.

"We welcome Geert to the International Power team, his strong financial and senior management experience in the international energy sector will be very valuable in helping International Power achieve its growth ambitions in a financially disciplined way."

NR