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Directorate Change

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The Company announces that Tony Gardner-Hillman has notified his intention to resign from his position as Non-Executive Chairman and from the Board.

To support a transition, Tony has agreed to remain in position until Friday 15th December 2023. This will ensure a smooth handover to David Hitchcock who will be Tony's temporary succesor and enable Tony to continue through that period to support the acting Chief Executive Officer. The announcement of a permanent successor will be made in due course.

Tony Gardner Hillman said:

"I have thoroughly enjoyed working with the team and my time at Powerhouse. Through my tenure I have worked to help the business identify and protect against the challenges it shares with many early-stage businesses and become more robust. I hope I have made a positive mark. However, I have now decided that I need to relinquish my position and I wish the Company and the team every success in the future."

Paul Emmitt, Acting Chief Executive Officer of the Company, said:

"Tony has had a significant beneficial influence on the business in the short time he has been with the Company, and I am grateful for the support and guidance he has given to me and to the Board. Naturally, I am disappointed he is leaving, but he will do so with thanks and best wishes from the Board, and from key stakeholders with whom he quickly built positive relationships."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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