AFC Energy CEO Steps Down to Return to Australia After 10 Years Leading Hydrogen Power Generation Technologies
Key Ideas
- Adam Bond, CEO of AFC Energy, announced his decision to step down after 10 years to return to Australia, facilitating a smooth transition to a new CEO.
- The company will initiate an external search for a successor with experience in scaling up similar businesses, while Gary Bullard will serve as Executive Chairman in the interim.
- AFC Energy is focused on scaling up manufacturing and deployment of generators and leveraging their world-leading ammonia cracker technology for a net zero economy.
- The transition marks a pivotal moment for AFC Energy's journey in advancing hydrogen power generation technologies and contributing to the decarbonization of society's energy needs.
AFC Energy, a prominent provider of hydrogen power generation technologies, recently announced a significant leadership change as CEO Adam Bond decided to step down after a decade with the company to return to Australia. The decision comes as AFC Energy prepares to scale up its manufacturing and deployment of generators and exploit opportunities presented by their innovative ammonia cracker technology. To ensure a seamless transition, an external search firm will be engaged to identify a successor capable of driving the company's growth. In the interim, Gary Bullard, the current non-Executive Chairman, will assume the role of Executive Chairman. Adam Bond expressed his satisfaction with the journey at AFC Energy and the company's shift towards expanding their technology in the hydrogen sector. Gary Bullard acknowledged Adam's instrumental role in promoting hydrogen as a key component of a net zero economy. AFC Energy is committed to leveraging its fuel cell technology to provide clean electricity for various applications, including electric vehicle chargers, off-grid power systems, and more, in alignment with the global push for decarbonization and electrification.