Dearman, the clean cold technology company, has appointed Allan Gray as its new Chief Financial Officer (CFO).

Allan Gray, Dearman Chief Financial Officer

Allan Gray, Dearman Chief Financial Officer

Gray brings over 30 years of senior global experience in commercial management and consultancy, supporting a number of early-stage emerging technology businesses define and achieve their strategic goals. Allan assumes his new role as Dearman moves into the next phase of its rapid growth.

He joins Dearman following two years as CEO of Aquapurum Water Pvt. Ltd., delivering drinking water and water treatment in India through a partner-manufactured, ground-breaking water purification technology. Prior to this, his recent roles include Commercial Director at Essential Energy India Ltd., where he redefined the company’s market entry strategy and built its commercial team, raising revenues from zero to £100m.

Following Allan’s appointment, Dearman will continue to develop its commercial capabilities, delivering cutting edge cold technology across a range of industrial applications, including liquid-air-diesel hybrid engine for buses and HGVs, and a zero-emission back-up power and cooling system for the built environment.

Gray commented, “Air pollution, climate change and resource scarcity have climbed the international commercial agenda at pace, and finding solutions to tackle these issues is more important now than ever before. Dearman can help companies and countries alike to tackle the challenges they face and I am delighted to be able to play an important part in that project.”

Chair of the Board, Katherine Priestley, added, “We are delighted to welcome Allan Gray as our latest executive appointment. Dearman is at a critical stage of its development, as we strive to achieve our vision of delivering widespread commercial use of clean and sustainable cold energy across a wide range of applications. Allan brings with him a wealth of experience to help us achieve that.”

Allan Gray will join a strong and growing management team at Dearman, following the appointment of Scott Mac Meekin in May 2017. Founder Toby Peters continues his role as Strategic Senior Counsel, Michael Ayres remains as Deputy CEO, and the rest of the management team also remains unchanged.