Green Hydrogen Systems announces appointment of new CEO
October 30 2024 - 2:24AM
UK Regulatory
Green Hydrogen Systems announces appointment of new CEO
Inside information
Green Hydrogen Systems announces appointment of new
CEO
Kolding, Denmark, 30 October 2024
Today, the Board of Directors of Green Hydrogen Systems has
appointed René Umlauft as new Chief Executive Officer (CEO) with
effect from 1 November 2024. René Umlauft will replace the current
CEO Peter Friis, who will leave the company.
Thomas Broe-Andersen, Chairman of the Board of Directors of
Green Hydrogen Systems, says:
"Q3 has been a challenging period for Green Hydrogen Systems.
With the current situation, Green Hydrogen Systems is facing, we
need to execute a different strategy with the purpose of ensuring a
sustainable and profitable future for Green Hydrogen Systems. On
behalf of the board of directors, I would like to thank Peter Friis
for his work and contribution as CEO of Green Hydrogen Systems
since 2023. We have agreed to let another profile execute the
important coming tasks we will be initiating in this turnaround of
the company. We see René Umlauft as the right profile to take over
as CEO with competencies from complex industries within the green
transition as well as significant business transformation and
restructuring experience. Alongside the Board of Directors, René
Umlauft will be an important part ensuring a solid foundation for
the future."
René Umlauft, new CEO of Green Hydrogen Systems, says:
“I look forward to take on the position of CEO in Green Hydrogen
Systems and get the opportunity to contribute in navigating through
the current challenges with my experience and knowhow as CEO from a
number of global companies. With the latest strategic decisions
from the Board of Directors, I am convinced the company will have a
strong future within this important industry, and I look forward to
taking on this task alongside my new, talented colleagues.”
René Umlauft has a Ph.D. in engineering and has previously been
managing director and CSO in Rittal, and CEO in MAN Diesel and
Siemens Renewable Energy, and brings significant business
transformation and restructuring experience to the business.
CEO René Umlauft and CFO Michael Kaalund will hereafter form the
Executive Management of Green Hydrogen Systems.
*****
For more info please contact:
Thomas Broe Andersen, Chairman of the Board of Directors, phone
+45 3050 0062
Green Hydrogen Systems in brief
Green Hydrogen Systems is a clean technology company and a leading
provider of standardised and modular electrolysers for the
production of green hydrogen solely based on renewable energy. With
its wide range of possible applications, green hydrogen plays a key
role in the ongoing fundamental shift in our energy systems towards
a net-zero emission society in 2050. As a result, the demand for
green hydrogen is surging, requiring a significant scale-up of
electrolysis capacity. Founded in 2007 and building on more than 15
years of technology development, Green Hydrogen Systems today have
a commercially proven and cost-competitive electrolysis technology
endorsed by leading green energy companies.
Source: Green Hydrogen Systems
Ticker: GREENH
Tag: Changes board/management/auditors
Green Hydrogen Systems AS (TG:3LUA)
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