– UK / USA, CA – Clean Air Power (AIM:CAP), the developer and global leader in Dual-Fuel engine management systems for heavy duty vehicles, is pleased to announce that Neill Skinner has been appointed to the Board as Chief Financial Officer with immediate effect. Neill has been working with Pete Rowse, the outgoing Finance Director, since 3 March 2014 to ensure a smooth handover. Pete Rowse, whose intention to resign was announced on 8 January 2014, steps down as director of the Company with immediate effect.
Neill spent his early career in “Big 4” firms, working in Audit and then Lead Advisory, before moving on to hold senior finance roles in British Nuclear Fuels plc and, more recently, strategy and corporate development roles at Speedy Hire plc. Neill has worked in the UK, US, Middle East and Central Asia.
John Pettitt, Chief Executive of Clean Air Power said: “I am delighted to welcome Neill to the board and feel his international experience and background of developing commercial partnerships will be valuable to for the future growth of Clean Air Power. I would like to thank Pete for his considerable contribution over the last eight years and wish him well with his new opportunity.”
Rodney Westhead, Non-executive Chairman: “The Board are very pleased to welcome Neill and feel his commercial and financial experience is a very good fit for the company and will contribute to our future growth. We would like to thank Pete for his work and dedication to the Company over the last eight years and wish him well with his future career.”
About Clean Air Power
Clean Air Power is the developer and provider of Dual-Fuel™ combustion technology for heavy duty diesel engines. Dual-Fuel™ engines substantially cut fuel costs and carbon emissions without sacrificing the original engine’s characteristic efficiency or reliability. Clean Air Power is well positioned to assist corporations and governments to deliver on their environmental commitments while at the same time reducing transport operators overheads.
Initially founded in the USA in 1991, around £50m has been invested in developing the technology with the result that 65 patents are currently held or pending. The holding company of the Group is based in Bermuda with operational subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM market of the London Stock Exchange in February 2006.
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