AMTE Power has appointed Alan Hollis to the board with effect from today.
He will initially work alongside the executive management team, before taking on the role of chief executive on or around 31 October, to lead the business in the next stage of plans to accelerate its growth strategy.
From the same date, founder and current chief executive Kevin Brundish will remain on the board in the capacity of strategy director, where he will focus on the continuing development of AMTE Power's battery cells, relationships with customers, suppliers and government entities.
Hollis has a 20-year public company track record within engineering and manufacturing businesses with turnovers ranging from £4m to £200m.
In his last two roles he was a divisional chief executive in Videndum (Vitec) Group from 2015 to 2021, and a divisional president in the UK for Crane Co from 2014 to 2015. Previously, he held leadership roles within the automotive and aerospace component and system supply businesses Doncasters Group, Firth Rixson and the PFW Group, as well as in the materials businesses of Delloro Stellite and Weir.
David Morgan, chairman of AMTE Power, commented: "The business has reached a stage of maturity where we are transitioning from development to production, and as part of this transition we are executing our plan to broaden the executive team to enable the Company to deliver its growth plans.
"Alan's leadership skills and track record in building high performing teams within a publicly listed manufacturing group will allow him to steer AMTE Power through its next phase of the business growth.
"His extensive experience of developing, constructing, and commissioning new production facilities will complement our team as AMTE Power grows its manufacturing footprint and capabilities at Thurso and Dundee."
Morgan added: “We are also delighted to retain Kevin's proven expertise and know-how in driving the strategic direction of the company, alongside his detailed knowledge of the product offerings and end-market applications which will fully complement Alan's manufacturing experience.
"This appointment will enable Kevin to focus on the continued development of AMTE Power's high performance cells and new product development, which will form a key part of the strategic direction of the company."
AMTE Power also confirmed that chief financial officer James Hobson will leave to take up the same role at Clean Power Hydrogen. He will leave no later than the 30 November and, in the meantime, will continue to play an active role in the business.
Morgan commented: “James has been a valuable member of the AMTE team in the successful development of our route to commercialisation - we wish him all the best for the future in his new role."
Hobson added: "AMTE is at an exciting time in its growth trajectory and I have enjoyed supporting the team reach this stage but I am now ready for a new challenge within the aligned market of green hydrogen power."
AMTE Power was founded in 2013 as a developer and manufacturer of lithium-ion battery cells for specialist markets.
In March 2021, it listed on the AIM market of the London Stock Exchange, with recent investment focused on launching a series of batteries based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance and safety.
AMTE Power's purpose-built cell manufacturing facility in Thurso has the second largest cell manufacturing capacity in the UK, and the business recently announced plans for a new ‘giga-factory’ in Dundee.
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