26 Jan 2012 07:00
26th January 2012
Camco International Ltd
("Camco")
Director and senior management change
The Board of Camco International Limited ("Camco") announces that Emmanuel Walter will join the company as Chief Financial Officer with effect from February 1st 2012 and that Yariv Cohen, President, has today stepped down from the Board.
Jeff Kenna, Acting Camco Chairman said "I would like to thank Yariv for his help in turning round the business over the last few years and wish him every success."
Emmanuel Walter joins from Alstom where he was CFO of Alstom Grid in Shanghai. Previously he has held senior financial positions in ABB Power Product and Alstom Power Service both in China.
Emmanuel is an ACCA fellow and has BSc in Applied Accounting, an MBA in Business & Administration and a degree in Electrical Engineering.
"Emmanuel brings a wealth of financial experience working in the power sector in China, a key market and geography for Camco and will be a strong addition to our team. I look forward to working with him as part of our senior management team as we expand our clean energy business." Scott McGregor, CEO, said.
Enquiries:
Camco | +44 (0)20 7121 6100 |
Scott McGregor, Chief Executive Officer | |
Singer Capital Markets (Camco Nominated Adviser and Broker) | +44 (0)20 2305 7500 |
Jonathan Marren | |
Kreab Gavin Anderson (Investor Relations) | +44 (0) 20 7074 1842 |
Ken Cronin | |
Citigate Dewe Rogerson (PR Advisor) | +44 (0) 20 7638 9571 |
Chris Gardner / Malcolm Robertson |
Notes to editors:
About Camco
Camco International Limited (Camco, AIM: CAO) is a global developer of clean energy projects and solutions to reduce greenhouse gas emissions with operations in the US, the UK, China, Africa, Russia and SEA.
Camco has a 20-year track record in project development, technical delivery and policy development, working with local industry, multinational companies, governments and regulatory bodies.
The Carbon Project Development business has created one of the largest emission reductions portfolios and has structured ground breaking and innovative arrangements for the sale and delivery of emission reductions to compliance and voluntary buyers.
Camco's Clean Energy Project Development and Investment teams collaborate with industry, project developers, equipment providers and investor groups to create emissions-to-energy projects and maximise sustainable energy production across a range of industries; including agricultural methane, industrial energy efficiency, coal mine methane, municipal solid waste, biomass and landfill gas.
Camco's Energy and Carbon Advisory teams provide strategic, commercial and technical expertise accrued over two decades to deliver low carbon energy and sustainable development solutions.
www.camcoglobal.com