Ceres Power Holdings plc Appointment of a Non-executive Director (1296C)
February 06 2020 - 2:01AM
UK Regulatory
TIDMCWR
RNS Number : 1296C
Ceres Power Holdings plc
06 February 2020
06 February 2020
Ceres Power Holdings plc
Appointment of Warren Finegold as a Non-executive Director
Horsham, UK: Ceres Power Holdings plc ("Ceres", the "Company")
(AIM: CWR.L), a global leader in fuel cell technology and
engineering, announces the appointment of Warren Finegold as an
independent Non-executive Director effective from 1 March 2020.
Over a 30-year career, Warren played an instrumental role in
growing Vodafone into one of the world's largest telecoms
companies. As Head of the Technology Team at UBS Investment Bank,
Warren was one of Vodafone's principal M&A advisers before
joining the group in 2006. He held the position of Group Strategy
and Business Development Director and was a member of the Vodafone
Group Executive Committee for 10 years. He continued to act as an
adviser to the CEO and the Board on strategic projects up until
2018.
In the past 12 months, Ceres has strengthened its position as
the partner of choice in solid oxide fuel cell technology and has
built significant strategic partnerships with some of the world's
leading engineering and technology companies. Warren's experience
in global markets, business growth and strategic leadership will be
very beneficial to Ceres as it seeks to leverage its asset-light
licensing model to embed clean energy technology in a greater
number of applications and geographies.
Alan Aubrey, Chairman of Ceres Power Holdings plc, commented: "I
am delighted to welcome Warren to the Board of Ceres. Warren brings
significant expertise in global business development and in
supporting executive teams to drive strategic growth. In addition,
his strong board experience and active knowledge of governance and
regulatory matters will be helpful to Ceres during this period of
expanding market opportunities. I am certain that Warren's
appointment will bring huge value to the Board and I look forward
to working with him."
Warren said of his appointment: "I am pleased to be joining the
Board of Ceres at such an exciting time in the Company's
development. I look forward to working with the Directors and
management team to build on the tremendous progress already made in
establishing Ceres as a world-leader in fuel cell technology."
Previously, Warren also held roles at Goldman Sachs
International and Hill Samuel & Co. Ltd. He has an M.A. in
Philosophy, Politics and Economics from Oxford University and a
Masters degree in Business Administration from London Business
School.
Warren, who is 62 years old, is a Senior Independent Director
and Chair of Nominations Committee at Avast plc. He previously sat
on the Boards of UBM plc, Inmarsat plc and several Vodafone Group
subsidiaries and joint ventures.
Ends
For further information visit www.cerespower.com or contact:
Ceres Power Holdings plc Tel: +44 (0)7932 023
Elizabeth Skerritt 283
Investec Bank PLC (NOMAD & Joint Tel: +44 (0)207 597 5970
Broker)
Jeremy Ellis / Patrick Robb
Berenberg (Joint Broker) Tel: +44 (0)203 207 7800
Ben Wright / Mark Whitmore
Powerscourt Tel: +44 (0)20 7250 1446
Peter Ogden / James White
About Ceres Power
Ceres is a world-leading developer of next generation solid
oxide fuel cell (SOFC) technology. Its asset-light, licensing model
has seen it establish partnerships with some of the world's largest
engineering and technology companies, such as Weichai in China,
Bosch in Germany, Miura in Japan, and Doosan in South Korea, to
develop systems and products that address climate change and air
quality challenges for transportation, industry, data centres and
everyday living. Ceres is listed on the AIM market of the London
Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE
Green Economy Mark, which recognises listed companies that derive
more than 50% of their activity from the green economy.
Further regulatory disclosures
Warren Finegold is, or has during the last five years been, a
director or partner of the following companies and
partnerships:
Present AVAST plc
Present Davry Properties Ltd
Present R H Properties (Swindon) Ltd
Present Rutland House Investments Limited
Present Hertfordshire Investments Limited
Present Frognal Associates Limited
Previous Inmarsat Group Holdings Limited
Previous St. Christopher's School (Hampstead) Limited
Previous Vodafone Ventures Limited
Previous UBM plc
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END
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