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Ceres Power HoldingsAnnouncement

25/03/2021 07:05

RNS Number : 3935T
  
Ceres Power Holdings plc
  
25 March 2021
  
 

25 March 2021
 
Ceres Power Holdings plc
 
Appointment of William Tudor Brown as a Non-executive Director
 
 
Horsham, UK: Ceres Power Holdings plc ("Ceres", the "Company") (AIM: CWR.L), a global leader in fuel cell and electrochemical technology, announces the appointment of Tudor Brown MBE, as an independent Non-executive Director effective from 1 April 2021.
 
Tudor is one of the founding members of ARM Holdings plc, where he began his career over twenty years ago as a principal engineer. He was until May 2012 a member of the board of directors and President of ARM Holdings plc, with responsibility for developing high-level relationships with industry partners and governmental agencies as well as regional development with a focus on the Far East.
 
Tudor's wide-ranging involvement with ARM, including as Chief Technology Officer and Chief Operating Officer, and subsequent board roles have given him extensive experience of business models, partner engagements and legal and financial disciplines. Coupled with his deep understanding of technology, Tudor brings huge value to Ceres at it seeks to establish itself as the industry standard in solid oxide technology, and to leverage its asset-light licensing business model into an increasing number of markets and geographies. 
 
Warren Finegold, Chairman of Ceres Power Holdings plc, commented: "I am delighted to welcome Tudor to the Board of Ceres. Tudor has substantial relevant expertise from establishing and growing ARM, with a very similar technology licensing business model to Ceres. Tudor's breadth and depth of skills in technology, licensing and global industry will be highly complementary to our Board and we look forward to working with him."
 
Tudor said of his appointment: "Climate change is the single biggest challenge of our time and it is exciting to be joining the Board of Ceres when the opportunities for its technology are more relevant and more expansive than ever. I look forward to supporting the Ceres team in developing the company to reach its full potential."
 


Tudor received an MA degree in Electrical Sciences from Cambridge University.  He is a Fellow of the Institution of Engineering and Technology and a Fellow of the Royal Academy of Engineering. He was awarded as Member of the Order of the British Empire (MBE) on June 15, 2013.
 
Tudor, who is 62 years old, currently sits as an independent director on the boards of Lenovo Group and SMIC, both listed on HKSE and Marvell Semiconductor, listed on Nasdaq. He is also an independent director of Garrison, a privately held company in London.
 
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For further information visit ceres.tech or contact:
 




Ceres Power Holdings plc
Elizabeth Skerritt


 


Tel: +44 (0)7932 023 283




 
Investec Bank PLC (NOMAD & Joint Broker)
Jeremy Ellis / Patrick Robb / Ben Griffiths


 


 
Tel: +44 (0)207 597 5970




 
Berenberg (Joint Broker)
Ben Wright / Mark Whitmore


 


 
Tel: +44 (0)203 207 7800




 
Madano
Harry Spencer/ Lewis Popplewell


 


 
Tel: +44 (0)7584 770 776




 


 


 


 



 
 
 
 
 



                                                                                 
About Ceres Power
 
Ceres is a world-leading developer of solid oxide electrochemical technology for applications in fuel cells and hydrogen that enables its partners to deliver clean energy at scale and speed.  Its asset-light, licensing model has seen it embed its technology in some of the world's most progressive 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 power generation, transportation and industrial applications. Ceres is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR.L) and was awarded the Green Economy Mark by the LSE, which recognises listed companies that derive more than 50% of their revenues from the green economy.
 
Further regulatory disclosures
 
William Tudor Brown is, or has during the last five years been, a director or partner of the following companies and partnerships. There is no further relevant information under Schedule Two of the AIM Rules:
 




Present


Lenovo Ltd.




Present


SMIC




Present


Marvell Technology Group Ltd.
 




Present


Garrison Technology Ltd.




Present


Piscarius




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Xperi Inc




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P2i Ltd.




Previous


Annapurna Labs




Previous


Tessera Technologies




 
 

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