Role: 1075 - This role is now closed
An Independent Non-Executive Director (Non-Exec) is required for our client – Ceres Power Holdings Plc which is an AIM Listed, fuel cell technology and engineering company, with a market cap of £225m, whose aim is to bring cleaner and cheaper energy to businesses, homes and vehicles.
We are seeking candidates to who have been a Director on a quoted company Board with an international perspective who understands the technology market.
Remuneration is £40k pa for 2 days per month (formal & informal time) for Board & Sub Committee Meetings plus strategy days and preparation time. Meetings are held in London and Horsham.
Business Concept:
- Ceres Power is a B2B fuel cell technology and engineering company listed on AIM.
- Ceres partners with world-leading international manufacturers to embed fuel-flexible SteelCell® technology in their advanced power products. These partnerships enable Ceres to address the enormous opportunities that the global decarbonisation and decentralisation of the energy system presents. With the common building block of the cutting-edge SteelCell® embedded in partners’ products, the business is able to scale across multiple applications and in multiple geographies.
- This flexible licensing business model has enabled Ceres Power to establish itself in major markets like Japan, China, Korea and the USA and in applications such as combined heat and power for commercial and residential sectors, as well as two of the fastest growing sectors; data centre power and electric vehicle range extension.
- The SteelCell® works within the existing infrastructure of natural gas networks but can also operate on sustainable fuels like biogas as well as future fuels like Hydrogen, further expanding its potential adoption in multiple markets. By working with world-class companies like Honda, Bosch, Nissan, Cummins and others, Ceres Power is on a clear commercialisation path that leads to mass-market licence adoption of the SteelCell® platform in multiple markets around the globe.
Independent Non-Exec Requirements/Criteria:
Specific requirements are:
- Quoted Company Executive with experience of growing a technology business from £250m to £1bn market cap.
- Must be truly independent and able to act for shareholders.
- Corporate development experience including M&A and joint ventures.
- Strategically strong and able to hit the ground running.
- Familiar with intellectual property and licencing.
- Ideally have some understanding of the energy market.
- Experience of JVs in China will be beneficial.
- Broad international experience including in Asia and USA.
Remuneration is £40k pa for 2 days per month (formal & informal time) for Board & Sub Committee Meetings plus strategy days and preparation time with Board Meetings held in Horsham and London.
Role closing 29th April 2019
