People Moves: London-listed Powerhouse Energy confirms Keith Riley as Interim Chairman

28/06/2022

Press Release - Powerhouse Energy Group plc (PHE.L), the UK technology company commercialising hydrogen production from plastic, said on Monday that it had appointed Non-Executive Director Keith Riley as Interim Chairman, effective immediately, while it seeks a permanent Chairperson.

Keith Riley is currently a Non-Executive Director on the Board and will assume responsibilities as Interim Non-Executive Chairman with immediate effect. He is currently proprietor and Chief Executive Officer of Vismundi Limited, a consultancy company providing services to the resources and waste management industry. Prior to that, between 1993 and 2012 he worked for Veolia Environmental Services plc in a number of senior roles, including Group Managing Director for Technology.

Keith Riley, Interim Chairman, commented:

"Powerhouse has done some exceptional work in developing the production of hydrogen from material that is currently just thrown away, and I look forward to seeing this effort being implemented soon. The Company has a strong board of directors and I look forward to continuing working with them to achieve the success the Company and its shareholders deserve."

Paul Drennan-Durose, Chief Executive Officer, commented:

"I and the Board would like to thank Keith for agreeing to take this position. We already work well together, and his experience will be of value to me and the Company in what we believe will be an important next chapter in the Company's development."

A recruitment process is currently underway to appoint a permanent chairman. The Company will update shareholders on this process as appropriate.