George Paloumpis Rejoins Advent Technologies as Chief of Operations of its Patras Facility
Advent Technologies (NASDAQ: ADN) announces the return of George Paloumpis as Chief of Operations at its Patras, Greece facility. Paloumpis, who previously served as Director of Manufacturing and spent almost 18 years with the company, brings significant experience to support the new management team's execution plans. The appointment is part of Advent's strategic initiative, dubbed 'Advent 2.0', focusing on the company's innovative fuel cell technology development.
Advent Technologies (NASDAQ: ADN) annuncia il ritorno di George Paloumpis come Chief of Operations presso il suo stabilimento di Patrasso, in Grecia. Paloumpis, che in precedenza ha ricoperto il ruolo di Direttore della Produzione e ha trascorso quasi 18 anni in azienda, porta con sé un'esperienza significativa per supportare i piani di esecuzione del nuovo team di gestione. Questa nomina fa parte dell'iniziativa strategica di Advent, denominata 'Advent 2.0', focalizzata sullo sviluppo della tecnologia innovativa delle celle a combustibile dell'azienda.
Advent Technologies (NASDAQ: ADN) anuncia el regreso de George Paloumpis como Chief of Operations en su instalación de Patras, Grecia. Paloumpis, quien anteriormente se desempeñó como Director de Manufactura y pasó casi 18 años en la empresa, aporta una experiencia significativa para apoyar los planes de ejecución del nuevo equipo de dirección. La designación es parte de la iniciativa estratégica de Advent, denominada 'Advent 2.0', que se centra en el desarrollo de la tecnología innovadora de celdas de combustible de la empresa.
Advent Technologies (NASDAQ: ADN)는 그리스 파트라에 위치한 시설의 Chief of Operations로 조지 팔룸피스를 다시 임명했다고 발표했습니다. 팔룸피스는 이전에 제조 이사를 역임했으며 회사에서 거의 18년을 보냈으며, 새로운 경영진의 실행 계획을 지원하기 위해 중요한 경험을 제공합니다. 이 임명은 'Advent 2.0'이라는 이름의 Advent의 전략적 이니셔티브의 일환으로, 회사의 혁신적인 연료 전지 기술 개발에 중점을 두고 있습니다.
Advent Technologies (NASDAQ: ADN) annonce le retour de George Paloumpis en tant que Chief of Operations dans son établissement de Patras, en Grèce. Paloumpis, qui a précédemment occupé le poste de Directeur de la Fabrication et a passé près de 18 ans au sein de l'entreprise, apporte une expérience importante pour soutenir les plans d'exécution de la nouvelle équipe de direction. Cette nomination fait partie de l'initiative stratégique d'Advent, appelée 'Advent 2.0', axée sur le développement de la technologie innovante des piles à hydrogène de l'entreprise.
Advent Technologies (NASDAQ: ADN) gibt die Rückkehr von George Paloumpis als Chief of Operations in seiner Einrichtung in Patras, Griechenland, bekannt. Paloumpis, der zuvor als Produktionsleiter tätig war und fast 18 Jahre im Unternehmen verbracht hat, bringt bedeutende Erfahrung mit, um die Ausführungspläne des neuen Management-Teams zu unterstützen. Die Ernennung ist Teil der strategischen Initiative von Advent, die 'Advent 2.0' genannt wird und sich auf die Entwicklung innovativer Brennstoffzellentechnologie des Unternehmens konzentriert.
- Return of experienced executive with 18 years of prior company experience
- Strengthening of operational leadership at key facility
- None.
ATHENS, Greece, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), is pleased to announce that George Paloumpis has rejoined the Company as the Chief of Operations in Patras, Greece. Prior to this, Mr. Paloumpis was the Director of Manufacturing.
Konstantinos Ferderigos, Advent’s General Manager in Greece, stated, “we are very excited that George has rejoined the Company. He was previously with the Company for almost 18 years and a key member of the team.”
Mr. Paloumpis stated, “I am thrilled to rejoin the Company and support the new management team as they execute on their plan. I have always believed in our team and the opportunities for the Company with its innovative fuel cell technology.”
Gary Herman, Chief Executive Officer stated, “we are pleased that George has rejoined the team. His expertise and passion for Advent will be an integral part of growing the Company and achieving our goals as Advent 2.0.”
About Advanced Energy Technologies S.A.
Advanced Energy Technologies S.A. is a wholly-owned Greek subsidiary of Advent Technologies Holdings, Inc., focused on research and development of advanced materials and products for renewable energy. Recently, the Company’s RHyno project was selected as the top project amongst 385 applicants across Europe for
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in California with offices in Greece and holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions, suitable for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company's ability to maintain the listing of the Company's common stock on Nasdaq; future financial performance; public securities' potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent's corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company's business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading "Risk Factors" in Advent's Annual Report on Form 10-K filed with the Securities and Exchange Commission on August 13, 2024, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent's filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent's business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Contacts
Advent Technologies Holdings, Inc.
press@advent.energy
FAQ
What position did George Paloumpis take at Advent Technologies (ADN)?
How long did George Paloumpis previously work at Advent Technologies (ADN)?
What is Advent 2.0 mentioned in ADN's announcement?
