REG - Ceres Power Holdings - Executive Appointments at Ceres

Ceres Power HoldingsAnnouncement

07/01/2022 07:00

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RNS Number : 7066X  Ceres Power Holdings plc  07 January 2022

7 January 2022

 

Ceres Power Holdings plc

 

Executive Appointments at Ceres

 

 

Horsham, UK:  Ceres Power Holdings plc ("Ceres", the "Company") (AIM:CWR), a
global leader in fuel cell and electrochemical technology, is pleased to
confirm that further to the 21 October 2021 announcement of Eric Lakin's
appointment as Chief Financial Officer, Eric will join the Company on Monday,
10 January 2022.

 

Eric will become a member of the Board of Directors with immediate effect,
replacing Richard Preston who will step down from the Board on the same date.
Richard will remain with Ceres for sufficient time to ensure a smooth
transition of responsibilities.

 

Ceres is also pleased to announce the appointment of Deborah Grimason as
General Counsel and Company Secretary.  Deborah will join the Company on
Monday 17 January 2022. Reporting to the CEO Phil Caldwell, Deborah will join
the Executive team and assume overall responsibility for the Legal team as
well as Ceres' Corporate Governance requirements working closely with the plc
Board.

 

Previously, Deborah was General Counsel and Company Secretary at V.Group and
Travis Perkins plc., before which she held senior legal and company
secretarial positions at Lafarge, The BOC Group, Nokia and Royal Mail.

 

Phil Caldwell, Chief Executive Officer of Ceres, commented: "We are delighted
to welcome Eric and Deborah to the team. Their broad experience from large and
growing companies across finance, operations, legal, corporate governance and
strategy will be hugely valuable as we pursue the next phase of the Company's
business and financial growth."

 

Ends

 

 

For further information visit www.ceres.tech (http://www.ceres.tech) or
contact:

 

 Ceres Power Holdings plc                      Tel: +44(0)7932 023 283

 Elizabeth Skerritt

 Investec Bank PLC (NOMAD & Joint Broker)      Tel: +44 (0)207 597 5970

 Jeremy Ellis/ Patrick Robb/ Ben Griffiths

 Berenberg (Joint Broker)                      Tel: +44 (0)203 207 7800

 Ben Wright/ Mark Whitmore

 Madano (Financial PR)                         Tel: +44(0)7808 885 557/ +44(0)7918 708 432

 Harry Spencer/ Chloe Sanderson

 

 

 

About Ceres Power

 

Ceres is a world-leading developer of electrochemical technologies: fuel cells
for power generation, electrolysis for the creation of green hydrogen and
energy storage. 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 Korea, to develop systems and products that address climate change
for power generation, 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.

 

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