Vigeveno joins MET after a 30-year career at Shell, where he most recently served as a Member of the company's global Executive Committee and as Director of Downstream, Renewables and Energy Solutions. His experience includes leading a team of over 30,000 people and successfully managing Shell's $53 billion acquisition of the BG Group.

Benjamin Lakatos, the current GCEO and controlling shareholder, will transition to the role of Executive Chairman of the Board. He will maintain his majority shareholding and focus on the company's long-term vision and growth.

The group said the move is aimed at further boosting business performance, rapidly extending the customer base, and accelerating expansion plans.

MET Group had consolidated sales revenues of €17.9 billion in 2024. The company's total traded volume of natural gas was 140 bcm, with total traded electricity at 76 TWh. Its operations span across 20 countries.