ESSEN, Germany, Aug. 24 (UPI) -- After a mid-August decision to change how it works at home, German energy company RWE said it was shaking up its British team after disappointing results.
The Germany company said net operating results from its British subsidiary, RWE npower, dropped 60 percent from the first six months of 2014. In response, the company said it was promoting Chief Operating Officer Paul Coffey to the post of chief executive officer. Current CEO Paul Massara is leaving the company along with Chief Financial Officer Jens Madrian.