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Getech Group confirms Chris Jepps as CEO amid turnaround plan

ALN

Getech Group PLC on Wednesday made permanent the appoint of Chris Jepps as chief executive officer, after naming him for the interim role in January.

The Leeds, England-based provider of geo-energy and green hydrogen location services said Simon Brown, who was given the non-board role of finance director in November, will join the board as chief financial officer.

Chief Business Development Officer Max Brouwers will join the board as an executive director.

CEO Jepps was appointed as chief operations officer of Getech in February 2018. CFO Brown joined in 2018 as financial controller.

‘Over the past six months, they have led the development and execution of a comprehensive turnaround plan, refocusing the business on its core oil and gas client base, streamlining the cost structure, and strengthening our leadership position in the evolving and potentially transformational global geological hydrogen sector,’ said Chair Michael Covington.

‘While early in the process, the group is already in a significantly stronger position, benefiting from a more commercially aligned and focused team. These appointments reflect the board’s confidence in their leadership and mark the formation of a new executive team to drive the company’s future performance.’

Shares in Getech were down 2.3% at 2.00 pence in London on Wednesday afternoon.

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