Ceres Power Holdings plc Ceres appointment of William Tudor Brown as a NED (3935T)
March 25 2021 - 2:00AM
UK Regulatory
TIDMCWR TIDMTTM
RNS Number : 3935T
Ceres Power Holdings plc
25 March 2021
25 March 2021
Ceres Power Holdings plc
Appointment of William Tudor Brown as a Non-executive
Director
Horsham, UK: Ceres Power Holdings plc ("Ceres", the "Company")
(AIM: CWR.L), a global leader in fuel cell and electrochemical
technology, announces the appointment of Tudor Brown MBE, as an
independent Non-executive Director effective from 1 April 2021.
Tudor is one of the founding members of ARM Holdings plc, where
he began his career over twenty years ago as a principal engineer.
He was until May 2012 a member of the board of directors and
President of ARM Holdings plc, with responsibility for developing
high-level relationships with industry partners and governmental
agencies as well as regional development with a focus on the Far
East.
Tudor's wide-ranging involvement with ARM, including as Chief
Technology Officer and Chief Operating Officer, and subsequent
board roles have given him extensive experience of business models,
partner engagements and legal and financial disciplines. Coupled
with his deep understanding of technology, Tudor brings huge value
to Ceres at it seeks to establish itself as the industry standard
in solid oxide technology, and to leverage its asset-light
licensing business model into an increasing number of markets and
geographies.
Warren Finegold, Chairman of Ceres Power Holdings plc,
commented: "I am delighted to welcome Tudor to the Board of Ceres.
Tudor has substantial relevant expertise from establishing and
growing ARM, with a very similar technology licensing business
model to Ceres. Tudor's breadth and depth of skills in technology,
licensing and global industry will be highly complementary to our
Board and we look forward to working with him."
Tudor said of his appointment: "Climate change is the single
biggest challenge of our time and it is exciting to be joining the
Board of Ceres when the opportunities for its technology are more
relevant and more expansive than ever. I look forward to supporting
the Ceres team in developing the company to reach its full
potential."
Tudor received an MA degree in Electrical Sciences from
Cambridge University. He is a Fellow of the Institution of
Engineering and Technology and a Fellow of the Royal Academy of
Engineering. He was awarded as Member of the Order of the British
Empire (MBE) on June 15, 2013.
Tudor, who is 62 years old, currently sits as an independent
director on the boards of Lenovo Group and SMIC, both listed on
HKSE and Marvell Semiconductor, listed on Nasdaq. He is also an
independent director of Garrison, a privately held company in
London.
Ends
For further information visit ceres.tech or contact:
Ceres Power Holdings plc Tel: +44 (0)7932 023
Elizabeth Skerritt 283
Tel: +44 (0)207 597 5970
Investec Bank PLC (NOMAD & Joint
Broker)
Jeremy Ellis / Patrick Robb / Ben
Griffiths
Tel: +44 (0)203 207 7800
Berenberg (Joint Broker)
Ben Wright / Mark Whitmore
Madano Tel: +44 (0)7584 770
Harry Spencer/ Lewis Popplewell 776
About Ceres Power
Ceres is a world-leading developer of solid oxide
electrochemical technology for applications in fuel cells and
hydrogen that enables its partners to deliver clean energy at scale
and speed. Its asset-light, licensing model has seen it embed its
technology in some of the world's most progressive companies - such
as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan
in South Korea - to develop systems and products that address
climate change and air quality challenges for power generation,
transportation and industrial applications. Ceres is listed on the
AIM market of the London Stock Exchange ("LSE") (AIM: CWR.L) and
was awarded the Green Economy Mark by the LSE, which recognises
listed companies that derive more than 50% of their revenues from
the green economy.
Further regulatory disclosures
William Tudor Brown is, or has during the last five years been,
a director or partner of the following companies and partnerships.
There is no further relevant information under Schedule Two of the
AIM Rules:
Present Lenovo Ltd.
Present SMIC
Present Marvell Technology Group Ltd.
Present Garrison Technology Ltd.
Present Piscarius
Previous Xperi Inc
Previous P2i Ltd.
Previous Annapurna Labs
Previous Tessera Technologies
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END
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