LONDON, UK: ITM Power, the energy storage and clean fuel company, announced the appointment of Dennis Schulz as Chief Executive Officer of the Company with effect from 1 December 2022.

Dennis Schulz moves to ITM Power from Linde Engineering, a division of Linde plc, in Dresden, Germany, where he has been Managing Director since 2020. He brings with him over 14 years of experience working with Linde Engineering across a wide variety of functions including project execution, Head of Strategy and CFO.

He has been closely involved in ITM Power’s strategic relationship with Linde and in his current capacity has already established strong relationships with the ITM team in Sheffield. He has, in particular, significant experience in the market for green hydrogen and decarbonisation.

Dennis holds a Master of Science degree and an Executive MBA. The Company looks forward to welcoming him next month.

Sir Roger Bone, Chairman of ITM Power, said: “I am delighted to appoint Dennis as our next CEO. We undertook a thorough search process with several high calibre candidates and we have no doubt that Dennis has the right experience, skills and enthusiasm to take ITM Power to the next phase in its development. He knows the Company and technology well and is ideally qualified to help ITM reach its full potential. He will be warmly welcomed in Sheffield.”

Dennis Schulz said: “I believe in ITM’s core technology and in the important role green hydrogen will play in the energy transition. I welcome the opportunity to help ITM steer a successful path from the development of first-of-a-kind technology to becoming a highly efficient and reliable technology and manufacturing company. The potential is enormous and I look forward to leading the company at this crucial stage in its development.”