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[BUSINESS] · Portugal · 2 sources

Part of situation: EDP leadership transition and financial performance (2 clusters)

EDP CEO Miguel Stilwell to step down in 2027

EDP Miguel Stilwell CEO succession energy sector corporate governance

Miguel Stilwell, the CEO of Portuguese energy company EDP, has announced that he will not seek re-election for a new term. He is expected to depart his position following the company’s general shareholders' meeting in 2027.

EDP has officially launched a succession process to identify a new leader. The search will be overseen by the Corporate Governance and Sustainability Committee with the assistance of an independent international executive search firm. The company stated that the process is open to both internal and external candidates.

Stilwell has been with EDP for over 25 years and has served two terms as CEO. António Lobo Xavier, Chairman of the Board of Directors and Supervision, credited Stilwell’s leadership with driving notable company growth and preparing the organization for future energy sector challenges.

Entities

EDP

Sources

Miguel Stilwell, CEO de EDP, anuncia su salida para 2027 y la compañía inicia el proceso de sucesión - Cantabria Económica [www.cantabriaeconomica.com]
Miguel Stilwell, CEO de EDP, anuncia su salida para 2027 y la compañía inicia el proceso de sucesión - Crónica de Cantabria [cronicadecantabria.com]