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Fusion Fuel Announces Leadership Changes and Key Management Appointments to Support Next Phase of Strategic Growth
SABUGO, Portugal, June 05, 2023 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) today announced several senior leadership changes to sharpen its
About this update from Fusion Fuel Green Plc
[{"type":"text","content":"SABUGO, Portugal, June 05, 2023 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) today announced several senior leadership changes to sharpen its strategic focus and seek to unlock long-term growth and profitability. Frederico Figueira de Chaves, currently Co-Head and Chief Financial Officer, has been appointed Chief Executive Officer of the Company. In addition, Gavin Jones, currently Chief Accounting Officer, has been appointed interim Chief Financial Officer of the Company, succeeding Frederico. André Antunes, currently Chief Production Officer, has been promoted to Chief Operating Officer of the Company. Jaime Silva, currently Chief Technology Officer, will add the title of Head of Innovation, more accurately reflecting the responsibilities of the role and the strategic importance of continuous innovation for a company in the dynamic and fast-paced green hydrogen sector. Zachary Steele and Jason Baran will be stepping down from their roles of Co-Head and Chief Commercial Officer, respectively, as well as Co-Presidents of the Americas, to pursue other opportunities in the hydrogen and clean fuel sector. Messrs. Steele and Baran have committed to work with the Company to ensure a seamless transition of responsibilities. Jeffrey Schwarz, the Company’s Chairman, commented on the changes: “Since being appointed Company Co-Head in the spring of 2022, Frederico has impressed the board with his leadership and tireless dedication to the task of building Fusion Fuel into a first-tier player in the green hydrogen industry. It is in recognition of those attributes that the board has unanimously approved this promotion. Collectively, we believe these changes will create a more effective operating and reporting structure, facilitating a seamless addition of HEVO-Chain to our product offerings, strengthening project execution and delivery, and ensuring the Company remains a leader in electrolyzer innovation. At Fusion Fuel, we remain committed to making the energy transition more accessible through the development of disruptive green hydrogen solutions and believe this rationalized leadership structure will unlock the next phase of our growth. Finally, I want to take this opportunity to thank Zach Steele and Jason Baran for their invaluable contributions to the Company and wish them luck in their future endeavors.” Frederico Figuei...