Last December E.ON unveiled a seismic shake-up that will see it spin off its enormous conventional power generation business. Meanwhile, the "new" E.ON will focus on three core businesses: renewables, energy networks, and customer solutions.

Teyssen, 55, who has been E.ON’s chief executive since 2010, will remain in the position

Meanwhile, current E.ON CFO Schäfer will leave to become the first chief executive at the 50GW conventional-power business to be split off, whose name has been revealed as Uniper.

Michael