logo-loader

PowerHouse Energy reveals management change

Published: 03:11 01 Feb 2019 EST

recycling
The resignation is effective from February 1

PowerHouse Energy Group plc (LON:PHE) has announced that chief executive Keith Allaun has resigned with immediate effect amid “extenuating personal circumstances”.

“The increase and upgrading to our management team this past year have been of significant benefit which led to the completion of our commercial design, our statement of feasibility by DNV-GL, and the progress in finalising planning and permitting,” Allaun said in a statement.

READ: PowerHouse Energy clarifies intellectual property position

“It’s become clear more recently that we require a seasoned commercial and professional manager at the helm of the company.”

David Ryan, presently technical director at PowerHouse, will become acting chief executive.

Chairman Cameron Davies, meanwhile, added: “Keith has stewarded PowerHouse through challenging and changing times over his tenure on the board and leading the management team; he has been responsible for considerable achievements for which we are very grateful.

“We wish him every success in his future challenges and we respect his privacy at this time.”

Hydrogen Utopia and Powerhouse Energy CEOs discuss joint hydrogen facility...

Hydrogen Utopia International PLC (LSE:HUI, OTCQB:HUIPF) CEO Aleksandra Binkowska and Powerhouse Energy Group PLC (AIM:PHE) CEO Paul Emmitt join Proactive's Stephen Gunnion with details of their joint venture to develop a facility in Longford, Republic of Ireland, for converting non-recyclable...

2 days, 2 hours ago