Business
Appointment of CEO
Appointment of CEO.
About this update from Gelion Plc
[{"type":"text","content":"\n \n 9 November 2022\n \n \n Gelion plc\n \n \n (\"Gelion\" or the \"Company\")\n \n \n \n Appointment of CEO\n \n \n \n Gelion (AIM: GELN), the Anglo-Australian battery storage innovator, is pleased to announce the appointment of Mr. John Wood as Chief Executive Officer (\"CEO\"), who commences his role on 21 November 2022, succeeding interim CEO Hannah McCaughey who has now completed her tenure. It is intended that John will become a Director of Gelion and join the Board following the Company's AGM to be held on 9 December and following satisfactory completion of the required regulatory due diligence.\n \n John has a 30-year track record of successful entrepreneurship and establishing global businesses in emerging technology markets, having both founded and led several enterprises and teams to develop multiple breakthrough technologies and solutions during significant industry transitions.\n \n \n \n \n Prior to joining Gelion, John was CEO at Ecoult, a company founded to develop and commercialise an advanced Lead Acid battery technology. During his 12-year tenure as CEO, John initiated and led the fundraising process to facilitate commercialisation of Ecoult's products whilst at the same time worked to establish the company's product development roadmap and market positioning. Ecoult was acquired in 2010 by East Penn manufacturing, one of the world's largest lead-acid manufacturers.\n \n \n \n \n Prior roles include founding StepNexus in 2005 (Now MULTOS International Secure Services), the security provider for smartcard platforms and Keycorp, the global payments technology service provider where he spearheaded product development and rollout and grew the company's market value from A$1m to A$400m in eight years, during which time he was also responsible for overseeing the group's listing on the Australian Securities Exchange (ASX).\n \n \n \n \n \n In addition to his wealth of commercial experience, John also brings significant advisory experience having previously been appointed to a number of boards, committees and panels in both the US and Australia either in an advisory or non-executive capacity.\n \n \n \n \n \n John Wood joins the team with the aim of executing Gelion's ambitious commercial timetable to take its breakthrough battery technology to the global markets.\n \n \n &n...