ITM Power PLC - Sheffield, England-based energy storage and clean fuel company - Appoints Dennis Schulz as chief executive officer, with effect from December 1.

Schulz joins from from Linde Engineering, a division of Linde PLC, where he has been managing director since 2020. He replaces outgoing CEO, Graham Cooley.

ITM Chair Roger Bone says: "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."

Current stock price: 101.60 pence, up 0.9% on Friday in London

12-month change: down 78%

By Holly Beveridge; hollybeveridge@alliancenews.com

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