ITM Power has appointed Sir Roger Bone as a non-executive director with immediate effect, with the company citing his ‘broad wealth of experience’ in welcoming his arrival.
Sir Bone, 69, has been President of Boeing UK since September 2005 and is a non-executive director of F&C Investment Trust plc, as well as a non-executive director and Trustee of the National Centre for Universities and Business.
The company’s new non-executive director is also one of the UK Prime Minister’s honorary UKTI Ambassadors for British Business.
Prof. Roger Putnam, Chairman of ITM, commented, “I am extremely pleased to welcome Roger to the board of ITM Power plc. He brings a broad wealth of experience to the team which is already one of the strongest in the sector as is demonstrated by the way the company has driven hydrogen fuelling and energy storage into global markets.”
Sir Bone previously had a career in the British Diplomatic Service. He was ambassador to Brazil from 1999 to 2004 and to Sweden from 1995 to 1999. He was an assistant under secretary of state in the Foreign and Commonwealth Office from 1991 to 1995, and at earlier stages in his career served in Moscow, Brussels and Washington.
“I am very excited to join this highly innovative company, and look forward to working with it as it grows its business footprint and expands into new markets…”
He said of his appointment, “I am very excited to join this highly innovative company, and look forward to working with it as it grows its business footprint and expands into new markets.”
ITM Power received its first order for an electrolyser plant from a UK Government Agency in November 2013, won in a competitive tender process based on price, performance, compliance and delivery time-scale.
Since completion and delivery of the Thüga plant in Frankfurt, the company currently has £4.2m of equipment being manufactured, funded by commercial sales and grant funded collaborative projects.
As recently as April (2014), ITM was awarded a contract to supply three of its electrolyser-based refuelling stations to London under the EU FCH JU funded HyFive project. The contract is worth approximately £2.8m (€3.3m) to ITM Power. The three CE marked rapid response grid balancing stations will be the first green hydrogen deployments in London and are expected to be operational in time to coincide with the roll out of fuel cell electric vehicles planned by the major OEM’s.