H2scan Corporation has today announced that effective immediately Michael Allman has been elected by its Board of Directors to serve as Chairman of the Board.

Allman succeeds Dennis Reid, the company’s founder and CEO, who in addition, held the title as Chairman of the Board. Mr. Reid will continue his role as CEO and Board of Director.

“I am delighted to welcome Michael as Chairman of the Board. The timing is right and H2scan is extremely fortunate to have such a talented and experienced person as its new Chairman, said Dennis Reid, H2scan’s Founder & CEO. “Michael has vast experience as a successful leader in the energy sector and will help drive H2scan’s strategies and achieve the company’s objectives. I look forward to working closely with him and know that Michael’s deep knowledge and vision will make him an excellent Chairman for H2scan.”

Allman is an accomplished CEO and Chairman with a highly successful career growing, restructuring, and optimising business strategy and operations in the corporate world. Since 1998, Allman has held a number of leadership positions with Sempra Energy, a Fortune 300 energy services holding company in San Diego, California. In his most recent position as Chairman, President and CEO of Southern California Gas Company, the largest natural gas distribution company in the United States, he achieved record profits that exceeded targets each year and drove the company to a #1 ranking in customer service.

“I am extremely excited to serve as H2scan’s chairman, and look forward to working with my fellow Board members to develop strategies that will continue to improve the company’s growth and performance for employees, H2scan investors and customers,” said Allman. “I am a strong believer in their products and technology and its ability to enhance and streamline business processes. I feel my experience in both the utility and gas sectors can open new doors for business and partnerships for H2scan.”

Allman holds a BS, Chemical Engineering from Michigan State University, East Lansing, Michigan and an MBA with Finance specialisation from The University of Chicago Booth School of Business, Chicago, Illinois.