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AFC Energy PLC - Surrey-based hydrogen power generation technologies provider - Intends to hire Peter Dixon-Clarke as its new chief financial officer. Says will announce when his appointment will be effective in due course. Dixon-Clarke has been involved in equity fundraising, debt financing and refinancing and strategic roles and reorganising financial teams and systems, AFC Energy says.
Chief Executive Adam Bond says: ‘Peter brings a long history in the energy industry working with both listed and non-listed companies across the conventional and new energy space and I look forwards to working closely with Peter as part of the company's executive team.’
Prior to joining, says Dixon-Clarke was the CFO at vanadium flow battery company Invinity Energy Systems PLC. Dixon-Clarke retires from his role at Invinity on Thursday and is replaced by Invinity Chief Development Officer Jonathan Marren on an interim basis, as the company is searching for a permanent successor. Dixon-Clarke will remain at Invinity ‘for a period to assist in the transition,’ Invinity says.
Current AFC Energy stock price: 17.80 pence, down 3.6% on Thursday
12-mont change: down 67%
Current Invinity Energy Systems stock price: 25.00p, down 14% on Thursday
12-mont change: down 74%
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