Fusion Fuel Announces Leadership Transition
Fusion Fuel Green PLC (NASDAQ: HTOO) announced a leadership transition as Gavin Jones steps down as Chief Financial Officer, effective January 24, 2025. The company has appointed Frederico Figueira de Chaves as Interim CFO, who previously served in the same role from 2020 to 2023.
Jones will continue as Company Secretary to ensure a smooth transition. Figueira de Chaves, currently serving as Chief Strategy Officer and Head of Hydrogen Solutions, will maintain these responsibilities alongside his new interim CFO role. He will be supported by the existing in-house finance team.
The transition occurs at a strategic time as Fusion Fuel focuses on expanding its hydrogen solutions and gas services businesses. The company aims to strengthen its position in integrated energy solutions under the new financial leadership.
Fusion Fuel Green PLC (NASDAQ: HTOO) ha annunciato un cambiamento nella leadership con le dimissioni di Gavin Jones da Chief Financial Officer, con effetto dal 24 gennaio 2025. L'azienda ha nominato Frederico Figueira de Chaves come CFO ad interim, che ha già ricoperto questo ruolo dal 2020 al 2023.
Jones continuerà come Company Secretary per garantire una transizione fluida. Figueira de Chaves, attualmente Chief Strategy Officer e Responsabile delle Soluzioni Idrogeno, manterrà queste responsabilità insieme al suo nuovo incarico di CFO ad interim. Sarà supportato dal team finanziario interno esistente.
La transizione avviene in un momento strategico, poiché Fusion Fuel si concentra sull'espansione delle sue soluzioni idrogeno e dei servizi di gas. L'azienda mira a rafforzare la sua posizione nelle soluzioni energetiche integrate sotto la nuova leadership finanziaria.
Fusion Fuel Green PLC (NASDAQ: HTOO) anunció una transición en el liderazgo, ya que Gavin Jones deja su cargo de Director Financiero, efectivo a partir del 24 de enero de 2025. La compañía ha nombrado a Frederico Figueira de Chaves como CFO interino, quien previamente ocupó el mismo cargo desde 2020 hasta 2023.
Jones continuará como Secretario de la Compañía para asegurar una transición suave. Figueira de Chaves, que actualmente se desempeña como Director de Estrategia y Jefe de Soluciones de Hidrógeno, mantendrá estas responsabilidades junto con su nuevo rol de CFO interino. Será apoyado por el equipo financiero interno existente.
La transición ocurre en un momento estratégico, ya que Fusion Fuel se centra en expandir sus soluciones de hidrógeno y negocios de servicios de gas. La compañía busca fortalecer su posición en soluciones energéticas integradas bajo el nuevo liderazgo financiero.
퓨전 퓨얼 그린 PLC (NASDAQ: HTOO)가 가빈 존스가 최고 재무 책임자(CFO) 직에서 물러난다고 발표했습니다. 이는 2025년 1월 24일부터 효력이 발생합니다. 회사는 프레데리코 피게이라 데 차베스를 임시 CFO로 임명했으며, 그는 2020년부터 2023년까지 동일한 역할을 수행한 바 있습니다.
존스는 원활한 전환을 보장하기 위해 회사 비서로 계속 남을 것입니다. 현재 수석 전략 책임자 및 수소 솔루션 책임자로 재직 중인 피게이라 데 차베스는 이러한 책임을 유지하며 새롭게 임명된 임시 CFO 역할도 수행할 것입니다. 그는 기존 재무 팀의 지원을 받을 것입니다.
이번 전환은 퓨전 퓨얼이 수소 솔루션과 가스 서비스 사업을 확장하는 데 집중하고 있는 전략적 시기에 이루어집니다. 회사는 새로운 재무 리더십 하에 통합 에너지 솔루션에서의 입지를 강화할 계획입니다.
Fusion Fuel Green PLC (NASDAQ: HTOO) a annoncé une transition de leadership, avec la démission de Gavin Jones en tant que directeur financier, à compter du 24 janvier 2025. La société a nommé Frederico Figueira de Chaves en tant que CFO par intérim, qui a précédemment occupé ce rôle de 2020 à 2023.
Jones continuera en tant que secrétaire de la société pour garantir une transition en douceur. Figueira de Chaves, actuellement directeur de la stratégie et responsable des solutions hydrogène, maintiendra ces responsabilités parallèlement à son nouveau rôle de CFO par intérim. Il sera soutenu par l'équipe financière interne existante.
Cette transition survient à un moment stratégique alors que Fusion Fuel se concentre sur l'expansion de ses solutions hydrogène et de ses services gaziers. La société vise à renforcer sa position dans les solutions énergétiques intégrées sous la nouvelle direction financière.
Fusion Fuel Green PLC (NASDAQ: HTOO) hat einen Führungswechsel angekündigt, da Gavin Jones mit Wirkung zum 24. Januar 2025 als Chief Financial Officer zurücktritt. Das Unternehmen hat Frederico Figueira de Chaves als Interim CFO ernannt, der zuvor von 2020 bis 2023 in derselben Funktion tätig war.
Jones wird weiterhin als Company Secretary tätig sein, um einen reibungslosen Übergang sicherzustellen. Figueira de Chaves, der derzeit als Chief Strategy Officer und Leiter der Wasserstofflösungen fungiert, wird diese Verantwortlichkeiten neben seiner neuen Rolle als Interim CFO beibehalten. Er wird von dem bestehenden internen Finanzteam unterstützt.
Der Übergang erfolgt zu einem strategischen Zeitpunkt, da Fusion Fuel sich auf die Expansion seiner Wasserstofflösungen und Gasservices konzentriert. Das Unternehmen strebt an, seine Position im Bereich integrierte Energielösungen unter der neuen finanziellen Führung zu stärken.
- Appointment of experienced former CFO ensures continuity in financial leadership
- Interim CFO maintains existing strategic roles, bringing comprehensive company knowledge
- Departing CFO remains as Company Secretary to support transition
- Loss of current CFO could create temporary leadership uncertainty
- Multiple roles held by interim CFO might impact operational efficiency
DUBLIN, Jan. 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of comprehensive energy engineering, advisory and supply solutions, today announced the resignation of Gavin Jones as Chief Financial Officer and the appointment of Frederico Figueira de Chaves as Interim Chief Financial Officer, effective January 24, 2025. Mr. Jones has opted to pursue a new opportunity; however, he will continue to serve as Company Secretary and has pledged his support to ensure a seamless transition.
The Company’s Board of Directors is pleased to announce the appointment of Frederico Figueira de Chaves as interim Chief Financial Officer. Mr. Figueira de Chaves previously held the position of Chief Financial Officer at Fusion Fuel from 2020 to 2023, where he was instrumental in shaping the Company's financial strategy and operational framework. Mr. Figueira de Chaves is currently serving as the Company’s Chief Strategy Officer and Head of Hydrogen Solutions and will assume this additional role while maintaining his existing responsibilities, leveraging his extensive financial and strategic expertise, while supported by an experienced in-house finance team.
“On behalf of the Board of Directors, I would like to extend our heartfelt appreciation to Gavin for his outstanding service to Fusion Fuel since joining the Company in 2021,” stated Jeffrey Schwarz, Chairman of the Board of Fusion Fuel. “His steady leadership has been pivotal in establishing a strong foundation for the Company’s growth. We are grateful for his commitment to excellence and professionalism, and we wish him every success as he embarks on this exciting new chapter in his career.”
Reflecting on his tenure, Mr. Jones commented: “This is a bittersweet moment for me. Over the past four years, I have had the privilege of collaborating with an exceptional team to navigate the various challenges and opportunities that have shaped Fusion Fuel’s journey. These years have been immensely rewarding, and I will carry these experiences with me throughout my career. I extend my gratitude to the Board of Directors, my colleagues, and the entire finance team for their trust and support. I firmly believe that Fusion Fuel is well-positioned for continued success, and I look forward to its continued progress.”
The appointment of Mr. Figueira de Chaves as Interim CFO comes at a crucial juncture for Fusion Fuel as the Company advances its strategic priorities. His profound understanding of the hydrogen ecosystem, coupled with a proven track record in financial stewardship and strategic planning, positions him uniquely to guide the Company through its next phase of growth. With a sharpened focus on expanding its hydrogen solutions and gas services businesses, Fusion Fuel is strategically poised to reinforce its status as a leader in integrated energy solutions.
About Fusion Fuel Green plc
Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy engineering and advisory solutions through its Al Shola Gas and BrightHy subsidiaries. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.
Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.
Forward-Looking Statements
This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties (including those set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission) which could cause actual results to differ from the forward-looking statements.
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FAQ
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