In the course of its strategy for accelerated European expansion, European Energy Exchange AG (EEX) is now reinforcing its managing board. Maik Neubauer has been appointed member of the managing board by the supervisory board of the Leipzig-based energy exchange and will assume the position of the Chief Operating Officer (COO) with effect as of 1 January 2007. In his new capacity, this acknowledged IT and financial market expert will assume responsibility in particular with regard to information technology and the processes and, moreover, he will also make a decisive contribution to the sustainable and speedy expansion of European Commodity Clearing AG, the new clearing subsidiary of EEX AG, in which he will also hold the position of COO and general manager.
Prior to his appointment to the managing board of EEX, Maik Neubauer has already held the position of a member of the managing board of the Hamburg-based PPI Aktiengesellschaft where he was in charge of the consultancy divisions in the financial services and telecommunications sector. Before that, the 38-year old native of Hamburg, who studied international management (M.B.A.) in Edinburgh as well as European and international economic law in St. Gallen following his studies in information science, was a member of the management of C1 Holding GmbH, a renowned private equity holding of a Hamburg group of companies. In 1996, Neubauer began his career with IBM Global Services where he was in charge of the business division of IBM Global Financial Markets in Europe until his move into the private equity business.
