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AFC Energy ( (GB:AFC) ) has provided an announcement.
AFC Energy announced a significant leadership change with the resignation of Peter Dixon-Clarke as CFO and Executive Director, effective immediately, as he pursues other interests. Karl Bostock, with extensive experience in manufacturing finance and business partnerships, will assume the role of CFO and Executive Director on January 20, 2025. This transition represents a strategic move for AFC Energy as it continues to enhance its management team, aiming for growth and expansion in the global clean energy sector. The incoming CFO, alongside the new CEO, is expected to drive shareholder value and support the company’s mission to commercialize its innovative technologies.
More about AFC Energy
AFC Energy plc is a leading innovator in hydrogen-based power and ammonia cracking solutions, delivering clean energy for on-grid and off-grid applications. The company provides hydrogen fuel cell technology as a sustainable alternative to diesel power generation, supporting various sectors such as electric vehicle charging, decentralized power systems, and temporary power needs. Additionally, AFC Energy’s subsidiary, Hyamtec, is focused on commercializing ammonia cracking technology for distributed hydrogen production, aiding in the decarbonization of industries including mining, cement, and power generation.
YTD Price Performance: -50.73%
Average Trading Volume: 4,059,175
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £86.29M
For an in-depth examination of AFC stock, go to TipRanks’ Stock Analysis page.
