Business
Management Team Update and Board Changes
Management Team Update and Board Changes.
About this update from Invinity Energy Systems Plc
[{"type":"text","content":"\n \nRNS Number : 6296H RedT Energy PLC 14 March 2018 \n\nThis announcement contains inside information\n \n14 March 2018\nredT energy plc\n \n(\"redT\" or the \"Company\")\n \nManagement Team Update and Board Changes\n \nredT energy plc (AIM:RED), the energy storage solutions company, is pleased to announce the appointment of Fraser Welham to the Board of the Company and to the role of Chief Financial Officer of redT, with effect from 3rd April 2018. In addition, David Stewart has been promoted to the role of Chief Operating Officer and Jean-Louis Cols appointed as Technology Director. \n \nPrior to joining redT, Fraser was a Managing Director, Finance at The Green Investment Group, formerly the UK Green Investment Bank, having previously spent five years as Group Finance Director of Element Power, a private equity owned global, utility-scale, solar and wind renewable energy developer. Before this, he spent 14 years at Shanks Group PLC a LSE-listed waste management company, where he became Group Finance Director during the period in which the company was in the FTSE 250. Fraser is an ICAEW Chartered Accountant and holds a BSc (Eng) First Class Honours degree in Mechanical Engineering from Kings College London.\n \nFraser brings a wealth of experience of project finance in the renewable energy sector, which is core relevant experience that will further enable redT's customers to embrace energy storage. He also has significant experience managing City relationships, having led the finance function at a FTSE 250 listed business.\n \nDavid Stewart, who joined redT one year ago as Commercial Director and was appointed to the Board of redT in April 2017, has been promoted to the role of Chief Operating Officer. David was formerly the Director for Strategic Investment at Jabil Circuit Inc. (NYSE: JBL) and has extensive experience working with high growth technology product businesses including Hewlett Packard. \n \nJean-Louis Cols joined redT at the start of this year in the role of Technology Director and brings with him over 25 years experience in Technology and Product Development, relevant to the current stage of redT's growth. He has managed complex R&D and product development teams in fuel cells and energy storage systems for the last 5 yea...