– UK, London – Verditek plc, (AIM:VDTK), the clean technology company, today announced the appointment of The Rt Hon Lord Willetts as Non-Executive Chairman, with immediate effect.
Lord Willetts served as Minister for Universities and Science from 2010 to 2014 in the Coalition government. He was Member of Parliament for Havant between 1992 and 2015 and is now a member of the House of Lords.
Lord Willetts has a wealth of business experience, serving also on the Boards of Surrey Satellite Technology Limited and The Biotech Growth Trust. He is also a Board Member at the UK Research and Innovation (UKRI) and a Visiting Professor at King’s College London. In addition, he is the Chairman of the Eight Great Technologies Fund which recently announced a funding intiative with a group of major Chinese technology investors.
Concurrently, José Luis del Valle, Non-Executive Director of Verditek plc has informed the Board that he is under consideration to be nominated as the Non-Executive Chairman of a Spanish banking institution subject to regulatory approval by the Bank of Spain (Banco de España). As such, due to regulatory and legal requirements, he will not be able to continue in his capacity as a Non-Executive Director of Verditek plc. However, José Luis has requested, and it has been agreed, that his resignation will be effective May 9th 2018 to ensure the new Chairman, Lord David Willetts has all the necessary support on joining Verditek.
Lord Willetts commented: “I am excited to join Verditek as Chairman and, as a strong supporter of clean technologies, I look forward to guiding this forward-thinking business in its mission to commercialise green technologies. I believe that Verditek’s innovative range of clean energy products will help to meet the growing demand for a greener, cleaner planet.”
Dr. Geoff Nesbitt, former Chairman and Interim CEO of Verditek plc, said: “Lord Willetts has an outstanding track record in supporting the development of science and technology. His passion in these fields, combined with his extensive business experience and knowledge of the technology sector, will be hugely beneficial to Verditek. I would also like to take this opportunity to thank José Luis for his contribution to the Company and wish him well in his endeavours.”
About Verditek
Verditek plc (AIM:VDTK), the clean technology company, is headquartered in London. Verditek is dedicated to commercialising proven technology that can deliver significant competitive advantage compared to conventional industrial solutions. From light-weight solar modules, cutting edge de-odourisation, and ground-breaking CO2 capture, Verditek is realising tomorrow’s technologies today.
For more information : https://www.verditek.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
