RE: DIVIDEND POLICY10 Jul 2023 20:16
It's the 'A' team for the switch which has been set up, you merely have to dig a little deeper in to everything that gets released in RNS to fully understand -
"Richard has built a portfolio of global advisory positions for Boards and C-Suite Executives in the Downstream Oil, Chemicals and energy intensive industries focusing on strategy and corporate transformations ahead of the Energy Transition. He is the Executive Chairman of H2Transition Capital LLP an emerging global fund focused on developing, managing and investing in the hydrogen value chain. In addition Richard is a non-executive director of Boson Energy (a waste to energy/hydrogen firm) and Firmus Energy a gas distribution company in Northern Ireland. He is the Chair of the Energy Transition Group of the Institute of Materials, Minerals and Mining (where he also a Fellow), a Fellow of the Energy Institute, a member of Chatham House (Royal Institute of International Affairs) and a member of Chapter Zero (a community of non-executive directors who understand and can position the Energy Transition with their board colleagues).
During his industrial career Richard lived and worked in the UK, Luxembourg, Japan, Singapore and the USA. He has managed businesses, a JV, a technology group, a manufacturing site and been involved in sales & marketing, strategy both at the corporate and business level at The Goodyear Tire & Rubber Co. for 14 years and then various companies of the Royal Dutch Shell Group for 25 years. He has held a variety of Non-Executive Directorships including most recently on the Board of Vivo Energy and Shell Vivo Lubricants with businesses in 15 African countries (2014 - 2017) and previously Shell Oil Products Company LLC, Equilon Enterprises LLC, Pennzoil-Quaker State Company and various other USA companies of the Royal Dutch Shell Group (2010 - 2013) plus various companies throughout Asia (2004 through 2007). A common theme during my career has been my leadership of M&A activities. Richard was accountable for over 50 transactions from $10mln to $10bln+ with different counter party types (major corporations, small businesses, family companies and private equity firms) and in multiple countries & cultures (US, Canada, Mexico, Argentina, Brazil, Chile, the Caribbean, Germany, France, The Netherlands, Switzerland, Italy, Russia, Czech Republic, Egypt, Japan, Australia, India, Malaysia, China and the Middle East)."
https://www.linkedin.com/in/richard-m-oblath-phd-ceng-fimmm-fei-090ab924/?originalSubdomain=uk
These guys are all highly connected and at the top of their chosen professions!
GLA