Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from waste plastic, announces that after almost three years in the role of Chairman of the Board and a successful fund raise of £5 million, Dr Cameron Davies is handing over the Chair to Tim Yeo, a fellow non-executive director and deputy chair, with immediate effect. Dr Davies will continue to serve shareholders as a non-executive director of the Company.
Tim Yeo, Chairman of Powerhouse, said the following:
"On behalf of the whole Board and all our shareholders I would like to express my warmest thanks to Cameron for his dedication and hard work as Chairman. We are all pleased that we will still have the benefit of his wise counsel as he will continue as a non-executive director.