Management & Supervisory Board
Meet our Executive Board
Dr. Daniel Gäfke is COO and a Member of the Management Board of BayWa r.e. AG since November 1st 2023.
Daniel has more than two decades of experience in the renewable energy industry. He is responsible for BayWa r.e.’s onshore Wind and Solar Projects businesses in EMEA and APAC. He also oversees its Energy Solutions business, which helps corporations in their energy transition.
Before joining BayWa r.e., Daniel founded and managed Annex Power and also co-founded and managed PETRO Umwelt- und Tanktechnik GmbH. Furthermore, he played a key role in building up Conergy Asia Pacific’s Indochina business, where he was involved in the region’s first major Solar, Wind and Bioenergy projects.
Daniel studied Business Administration at the University of Bielefeld, the University of Leicester, and KEDGE Business School. He holds a diploma in Business Administration, an MBA, and a Master of Science degree. Additionally, he holds a Euro-Asia Doctorate degree in Business Administration (DBA) under the joined program of KEDGE, Hong Kong Baptist and Ranepa Universities.
LinkedIn ProfileElmar Geissinger joined BayWa r.e. as CFO in February 2025.
He is managing partner of Ziems & Partner, a management consulting firm that has been supporting companies with holistic restructuring concepts for more than 25 years.
As a corporate finance expert, Elmar has helped numerous companies to regain their stability and profitability, repositioning them for long-term growth. His restructuring mandates as CFO include Merkle Ratiopharm GmbH, Kathrein Group, ATU Group, Pfleiderer AG and OQ Chemicals GmbH.
During his career, his responsibilities included driving organisational change, developing turnaround plans, stakeholder communication as well as ensuring legal and compliance adherence.
Elmar holds a degree in Business Administration from the University of Regensburg and a European Master of Business Science from the University of Birmingham.
LinkedIn ProfileFelix Colsman was born in 1971. He studied economics at the University of Bonn and business administration at the University of Cologne and the INSEAD Business School in France.
After holding management positions at the Boston Consulting Group, Minimax, Johnson Controls, and DAH Group, he joined BayWa r.e. in 2024 as Chief Restructuring Officer. Felix has a proven track record of restructuring and consolidating ailing companies, guiding them through their financial reorganisation and on to new achievements.
Felix lives in Hamburg together with his family.
LinkedIn ProfileHans-Joachim Ziems joined BayWa r.e. as CRO in February 2025.
He studied at the University of Cologne from 1976 to 1980, graduating with a degree in Business Administration. He then started a successful business in consumer electronics.
In 1995, he sold his stake in the company and founded a consultancy firm, which became Ziems & Partner in 2004. As the principal shareholder of the partnership, he oversees the restructuring teams’ various engagements and personally takes on CRO or CEO roles in major mandates. Some of these include Kirch Media Group, ZIMBO, PIN Group AG, Merckle Ratiopharm Group, Pfleiderer AG, and many more.
LinkedIn ProfileOur Supervisory Board
Michael Baur has been a member of the Board of Management of BayWa AG since November 2024 and is responsible for the development and implementation of all restructuring measures.
Recently, Michael served as Chief Restructuring Officer and executive board member at the multi-billion global tier one automotive supplier BENTELER.
His industry expertise also covers energy, retail, consumer goods, industrial goods, telecom, and media.
Prof. Dr. Matthias J. Rapp has been CFO of BayWa AG since March 2025.
Prof. Dr. Matthias J. Rapp was responsible for Finance and Controlling at TÜV SÜD until 2024. He began his professional career at the management consultancy Boston Consulting Group. In 1997, he moved to industry and has since worked for several companies as Chief Financial Officer, including automotive supplier Webasto.
Prof. Dr. Matthias J. Rapp is also an honorary professor at the Ludwig Maximilian University of Munich (LMU). As BayWa's Chief Financial Officer, he is responsible for Corporate Controlling, Corporate Finance, Corporate Accounting, Corporate Insurance, Corporate Real Estate Management, Corporate Risk, Business Services and IT.
David Merz joined BayWa AG in June 2012 as Legal Counsel with focus on compliance. He is General Counsel of BayWa AG in addition to his role as Chief Compliance Officer of BayWa AG, which he has held since May 2013.
In this capacity, he oversees corporate sustainability, audit, legal and social compliance, legal operations, as well as export and sanctions compliance. Additionally, he played a key role in establishing an information security management system to enhance operational IT security.
Furthermore, David Merz was responsible for Compliance of the BayWa r.e. Group before our own compliance system was implemented.
Eduardo Sauer is Managing Director and Head of Capital Markets at Energy Infrastructure Partners (EIP). He brings with him 15 years of experience in private equity, corporate finance, investment banking and business strategy.
Before joining EIP, he held senior roles at DC Advisory and M.M. Warburg & CO, where he focused on investment banking and restructuring.
Eduardo Sauer holds a Master’s degree from Maastricht University School of Business and Economics and studied at Trinity College Dublin.
Jakob Bötsch is an experienced executive with a strong track record in strategy, finance, and leadership across industrial and energy-related businesses. Within BayWa AG, he has led the Corporate Strategy department as well as served in different executive operational roles including managing cross-divisional teams in the fields of agriculture, construction, technology, and energy. He currently serves as Head of Business Unit Agricultural Equipment at BayWa AG.
Alongside his executive role, he is also a member of the supervisory board of Abemec B.V., contributing strategic oversight and governance experience.
Jakob Bötsch holds an MBA from WHU – Otto Beisheim School of Management and a Master of Science from the Technical University of Munich.
Dr. Tim Marahrens is a Partner and Co-Head of Investments at Energy Infrastructure Partners (EIP). He has nearly 20 years of experience in private equity, corporate finance, equity capital markets, and investment banking, with a focus on the energy sector. Since joining EIP at its founding in 2014, he has played a key role in the firm's growth into a leading global investment manager specializing in energy infrastructure, overseeing assets of today approximately €8 billion.
Tim Marahrens holds a PhD in Business Administration with a focus on energy from the University of St. Gallen, and a dual Master’s degree in Financial Mathematics from ETH Zurich and the University of Zurich.
Our Committees
Audit Committee
The Audit Committee monitors the financial reporting process as well as the effectiveness of the internal control, audit and risk management systems (including the compliance management system). The Committee also prepares the proposal on the election of the external auditor, commissions the auditor and determines the key focus points of the audit.