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RAG CEO Peter Schrimpf to Retire After Closing Germany’s Last Coal Mine

His departure triggers a leadership search that will shape RAG’s long-term mine water management

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Overview

  • He will leave the post on June 30, 2025, concluding a tenure that began with his appointment as RAG CEO in 2018.
  • He oversaw the symbolic closure of Germany’s last coal mine at Prosper Haniel in Bottrop in December 2018 alongside President Frank-Walter Steinmeier.
  • He managed the reduction of coal industry employment from around 170,000 to roughly 600 at RAG and supervised the layoff of approximately 30,000 workers through early retirement or external placement.
  • Under his leadership, RAG—entirely owned by RAG-Stiftung—shifted focus to long-term environmental obligations, including the continuous pumping of contaminated groundwater to safeguard local water supplies.
  • The board has not yet named his successor as it evaluates leadership for long-term environmental remediation.