ARTHUR D. LITTLE APPOINTS HANS-PETER SCHMID AS PARTNER IN ENERGY PRACTICE BASED IN VIENNA

Arthur D. Little (ADL) today announced the appointment of Hans-Peter Schmid as a Partner in its Energy, Utilities & Resources (ENUR) practice. Based in ADL's Vienna office, Hans-Peter brings over 25 years of strategy, management consulting and industry experience. He specializes in advising clients on the energy transition, strategy definition, operating model design and transformation management.

Hans-Peter joins from Accenture, where he was a Managing Director, a member of the Global Energy Leadership and headed the Energy practice in DACH. Prior to Accenture, he worked for the Austrian utility Energie AG, where his roles included Managing Director of its renewables subsidiary Fair Energy, Head of Corporate Board Affairs and Counselor to the CEO. During his career, Hans-Peter has advised clients on growing their business, developing digital strategies, mastering large scale transformations, and achieving substantial performance improvements.

Michael Kruse, Managing Partner, Global Energy Practice at ADL, comments, "The energy transition is driving major disruption across the sector, opening new opportunities for new and existing players. As a recognized market expert, Hans-Peter brings deep consulting and industry experience, combined with market understanding. This strengthens our team and widens our capabilities in this key area for the future."

Hans-Peter Schmid, Partner at ADL, adds, "Decarbonization, decentralization and digitalization are dramatically impacting the energy sector. I look forward to working with my colleagues to support our clients as they embrace change and successfully transition their strategies and operations."

Hans-Peter holds a Master's and Doctor's Degree in Law from Johannes Kepler University and Leopold Franzens University of Innsbruck and a Global Executive MBA from the LIMAK Business School.