Velocys plc announced that after nine years with the company, Susan Robertson has informed the Board of her intention to leave the company to pursue other interests. Susan has stepped down from her position on the Board effective immediately. The company intends that going forward the role of Chief Financial Officer will be based in Houston, Texas, as its focus on the renewable fuels market in the US intensifies.

The company has appointed John Tunison as interim CFO, who will provide the necessary support to the company through a period of transition while it recruits a permanent CFO. The appointment is not a Board level appointment at this stage. Susan will remain in her role as CFO in the immediate term to help provide an orderly and smooth handover.