ITM Power (ITM)

Sector:

Energy Producers

Index:

FTSE AIM 50

55.40p
   
  • Change Today:
      0.100p
  • 52 Week High: 98.58p
  • 52 Week Low: 45.12p
  • Currency: UK Pounds
  • Shares Issued: 616.98m
  • Volume: 898,188
  • Market Cap: £341.81m
  • RiskGrade: 405

ITM Power appoints Linde's Dennis Schulz as CEO

By Michele Maatouk

Date: Friday 25 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Energy storage and clean fuel company ITM Power said on Friday that it has appointed Dennis Schulz as chief executive officer with effect from 1 December.
Schulz joins the group from Linde Engineering, a division of Linde, in Germany, where he has been managing director since 2020. ITM said he brings with him over 14 years of experience working with Linde Engineering across a wide variety of functions including project execution, Head of Strategy and CFO.

He has been closely involved in ITM Power's strategic relationship with Linde and in his current capacity has already established strong relationships with the ITM team in Sheffield, it added.

ITM chairman Sir Roger Bone said: "I am delighted to appoint Dennis as our next CEO. We undertook a thorough search process with several high calibre candidates and we have no doubt that Dennis has the right experience, skills and enthusiasm to take ITM Power to the next phase in its development.

"He knows the company and technology well and is ideally qualified to help ITM reach its full potential. He will be warmly welcomed in Sheffield."

ITM announced in September that Graham Cooley was planning to step down as CEO after 13 years in the role.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ITM Power Market Data

Currency UK Pounds
Share Price 55.40p
Change Today 0.100p
% Change 0.18 %
52 Week High 98.58p
52 Week Low 45.12p
Volume 898,188
Shares Issued 616.98m
Market Cap £341.81m
RiskGrade 405

ITM Power Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.40% above the market average0.40% above the market average0.40% above the market average0.40% above the market average0.40% above the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Price Trend
64.37% below the market average64.37% below the market average64.37% below the market average64.37% below the market average64.37% below the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average
Income Not Available
Growth
33.48% above the market average33.48% above the market average33.48% above the market average33.48% above the market average33.48% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 5
Sell 5
Strong Sell 0
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ITM Power Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:05 10,912 @ 55.50p
16:03 170 @ 55.35p
16:02 1,792 @ 55.80p
16:00 10,000 @ 55.62p
16:00 12,600 @ 55.50p

ITM Power Key Personnel

Finance Director Andy Allen

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