Reinhard Ontyd joins Nord Stream as Compliance Director
- The new appointment completes the executive management for the efficient and secure long-term operation of the Nord Stream Pipeline
- The new Compliance Department takes over responsibility for the Quality Assurance, Risk Management, Procurement, Authority Relations and Legal functions among others
Dec. 18, 2014 | Zug | Mr Reinhard Ontyd (51) from E.ON Global Commodities will join the Nord Stream executive management on 1 January 2015 as Compliance Director. This new appointment completes the adjustment of the company structure to meet the challenges of providing efficient and secure long-term operation of the Nord Stream Pipeline. As Compliance Director, Mr Ontyd will take over responsibility for the Quality Assurance, Risk Management, Procurement and Legal functions among others.
After studying Law, Mr Ontyd started his carreer at E.ON Ruhrgas and worked for E.ON Global Commodities before joining Nord Stream. Over the past 20 years he has held various executive positions for E.ON in the field of project management, legal, and long-term gas supply contract management.
Nord Stream Managing Director Matthias Warnig said: “I am glad to welcome Reinhard Ontyd as a very experienced colleague and wish him every success in our Nord Stream Team.”