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Pin to quick picksItm Power Share News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
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Share Price: 56.30
Bid: 56.50
Ask: 56.90
Change: 4.20 (8.06%)
Spread: 0.40 (0.708%)
Open: 53.45
High: 59.00
Low: 53.45
Prev. Close: 52.10
ITM Live PriceLast checked at -

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ITM Powers appoints Linde's Dennis Schulz as CEO

Fri, 25th Nov 2022 08:15

(Sharecast News) - Energy storage and clean fuel company ITM Power said on Friday that it has appointed Dennis Schulz as chief executive officer with effect from 1 December.

Schulz joins the group from Linde Engineering, a division of Linde, in Germany, where he has been managing director since 2020. ITM said he brings with him over 14 years of experience working with Linde Engineering across a wide variety of functions including project execution, Head of Strategy and CFO.

He has been closely involved in ITM Power's strategic relationship with Linde and in his current capacity has already established strong relationships with the ITM team in Sheffield, it added.

ITM chairman Sir Roger Bone said: "I am delighted to appoint Dennis as our next CEO. We undertook a thorough search process with several high calibre candidates and we have no doubt that Dennis has the right experience, skills and enthusiasm to take ITM Power to the next phase in its development.

"He knows the company and technology well and is ideally qualified to help ITM reach its full potential. He will be warmly welcomed in Sheffield."

ITM announced in September that Graham Cooley was planning to step down as CEO after 13 years in the role.

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