By Josh White
Date: Tuesday 06 Dec 2022
LONDON (ShareCast) - (Sharecast News) - UK-based green hydrogen technology and manufacturing company Clean Power announced on Tuesday that Arash Selahi had been promoted to the chief operating officer position.
The AIM-traded firm said Selahi had been its head of operations since May, and had an "extensive background" in managing industrial manufacturing facilities in a range of sectors.
In the role, it said Selahi would be focussed on leading the "safe and sustainable" operations of the business, through the development and implementation of the most efficient processes possible for the delivery of its membrane-free electrolyser product to the market.
He would promote a "culture of continuous improvement", coupled with putting safety and inclusivity at the centre of operations, the board explained.
Further to previous announcements, the firm also announced that James Hobson had now taken up the role of chief financial officer and executive director.
As a result, Clive Brook had now retired from his role as finance chief, and as a director of the company.
Clean Power said it was also in the process of identifying a new chief technical officer to join early next year, to further supplement its "strengthened" management team.
"We are delighted to announce the promotion of Arash to his role as the group's COO and to welcome James in his role as CFO," said chief executive officer Jon Duffy.
"Both roles will aid in further strengthening the senior management of the company and will enhance our structure as we upscale the business to deliver on our existing order book and the increasingly strong indication of interest in our products that we are seeing.
"I'd like to express the board's sincere thanks and good wishes to Clive for his hard work and commitment in seeing the company through its early development and the rigorous initial public offering process."
At 1501 GMT, shares in Clean Power Hydrogen were down 0.17% at 30.2p.
Reporting by Josh White for Sharecast.com.