Business
Board Changes
Board Changes.
About this update from Invinity Energy Systems Plc
[{"type":"text","content":"\n \n \n RNS Number : 5671V\n Invinity Energy Systems PLC\n 10 August 2020\n \n \n \n \n This announcement contains inside information\n \n \n \n \n \n 10 August 2020\n \n \n Invinity Energy Systems plc\n \n \n \n \n \n (\"Invinity\" or the \"Group\")\n \n \n \n \n \n Chief Financial Officer and Director Appointment\n \n \n \n \n \n Invinity Energy Systems plc (AIM:IES), manufacturer of vanadium flow batteries for the large-scale energy storage requirements of businesses, industry and electricity networks, announces the appointment of Peter Dixon-Clarke to the Board of Invinity and to the role of Chief Financial Officer, effective immediately.\n \n \n \n \n \n Peter has 30 years' experience in senior finance roles, primarily in the energy sector as well as financial services. His most recent CFO roles were at Kuwait Energy Company plc, Hotspur Geothermal ltd and AIM-listed Rockhopper Exploration plc. Peter qualified at Deloitte as a chartered accountant and will conduct his global responsibilities out of Invinity's London offices.\n \n \n \n \n \n Following Peter's appointment, Fraser Welham has stepped down from his role as Chief Financial Officer and from the Board of Invinity, but will remain with the Company for a period to assist in the transition. Fraser has been a valued member of the Company's executive management team since his appointment in April 2018, and has made an important contribution to the Group during his tenure as CFO, most recently playing a key role in the successful completion of the merger and associated fundraise to form Invinity Energy Systems.\n \n \n \n \n \n Neil O'Brien, Non-Executive Chairman of Invinity said:\n \n \n \n \n \n ''Creating Invinity Energy Systems during a global pandemic from two companies an ocean apart was a tremendous challenge. We met that challenge in large part because of Fraser's commitment to achieve a successful outcome and are extremely grateful for his overall contribution, knowledge, and professionalism. I'm thrilled that Peter is joining us, bringing an impressive depth of experience, a steady hand, and an enviable amount of energy and enthusiasm.\"\n \n \n \n Save as disclosed below, there are no other matters which are required to be disclosed in relation to Peter Dixon-Clarke, aged 54, in accordance with Ru...