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Hydrogen CFO to step down

Hydrogen has announced that Colin Adams, chief financial officer, has informed the Board of his intention to step down from the Board to pursue other interests.

Adams joined Hydrogen and the Board in May 2015, at a time when the business had substantial challenges largely related to the dramatic fall in the price of oil. Hydrogen states that Adams has re-built the finance team and with the announcement of the company’s return to profitable growth in the first half of the year, Adams has decided to pursue other interests. It is expected that he will remain on the Board until release of the company's final results for the financial year ending 31st December 2016 in March 2017 during which time the Board will have identified his successor.

Stephen Puckett, chairman of Hydrogen, said, "I would like to thank Colin for his contribution in turning around Hydrogen. The business is performing in line with the Board's expectations and has a solid foundation for future profitable growth.”

Picture courtesy of Pixabay

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