– CANADA, Toronto – Aberdeen International Inc. (TSX: AAB| OTC: AABVF) today announced the appointment of Martin Schuermann as Executive Chairman of the Board of Directors, replacing Stan Bharti as Executive Chairman. Mr. Bharti will remain on the Board.
As the Company continues to shape a vision focused on clean energy, Mr. Schuermann’s appointment brings new strategy and governance expertise, adds executive experience directly in the areas of clean transportation and electrification, and bolsters Aberdeen’s deal sourcing and execution capabilities.
“Martin brings a wealth of energy and transportation sector experience that will accelerate our ambition to be the partner-of-choice for early-stage clean technology companies. Martin’s strategic vision, expertise and industry contacts will help us identify and execute on world-class opportunities”, said Mr. Bharti.
About Martin Schuermann
Martin Schuermann has been involved in the clean energy sector since 2009, serving as CEO of Vision Motor Corp and Vision Industries, an early innovator in fuel cell vehicles focused on developing zero-emission heavy-duty transportation solutions, using hydrogen as the dominant energy storage medium. Vision was the first company in the world to put hydrogen-powered Class 8 trucks through regular duty cycles in the ports of Los Angeles and Long Beach. Prior to and since his time at Vision, Mr. Schuermann has been a serial entrepreneur, notably in the media and film industries.
Mr. Schuermann holds a BA from Westfaelische Wilhelms Universitaet Muenster (Germany) and a MBA from Azusa Pacific University and UCLA.
“I’m excited to work with Chris and the team to build a compelling roster of low and no-carbon investments that truly drive transformation across energy, transportation, and industrial sectors. My aim is to help Aberdeen substantially grow its asset base and attract high-quality capital and talent to generate significant value for Aberdeen shareholders”, said Mr. Schuermann.
About Aberdeen International
Aberdeen International is a global resource investment company and merchant bank focused on small capitalization companies in the rare metals and renewable energy sectors. AES-100 Inc., an Aberdeen portfolio investment, owns the exclusive rights and all intellectual property pertaining to the Advanced Electrolyzer System for the production of hydrogen from dilute syngas.
For more information: http://www.aberdeen.green/
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