RWE names new Europe and Australia renewables chief amid stock surge
RWE has announced a significant leadership change and a new share buyback program. Sopna Sury will become the new head of RWE Renewables Europe & Australia in April 2026. The company has also launched another €500 million share repurchase scheme as its stock continues to climb.
Sury currently leads RWE’s hydrogen division. Before her upcoming role, she served as head of hydrogen at RWE Generation. Her appointment as CEO of RWE Renewables Europe & Australia takes effect on April 1, 2026.
Meanwhile, RWE’s stock has surged this year. Shares are now trading at €43.66, marking a 47.7% increase since January. The strong performance has drawn investor interest, with BlackRock raising its stake to over 5.03%.
The company has also moved forward with its third share buyback tranche. Valued at €500 million, this follows previous repurchase programs aimed at returning value to shareholders.
Sury’s transition to CEO of RWE Renewables Europe & Australia begins in early 2026. The company’s latest buyback and rising share price reflect ongoing confidence in its growth. BlackRock’s expanded investment further highlights RWE’s current market position.
