AFC Energy plc (LSE:AFC) has announced the appointment of John Wilson as its new Chief Executive Officer, starting 6th January 2025. Wilson will succeed Adam Bond, whose decision to step down from the role was previously disclosed. Wilson's appointment signals a new phase of growth and commercial scale-up for AFC Energy as the company looks to strengthen its position in the clean energy technology sector.
John Wilson's Experience and Background
Wilson brings extensive leadership experience, particularly in driving technology-focused businesses through periods of significant growth and transformation. He is currently the CEO of Bulgin Ltd, a private equity-backed company specializing in connectivity solutions. Wilson has held this role since 2019 when he led a successful management buyout of the business.
Before his time at Bulgin, Wilson served as CEO of Elektron Technology Plc for nearly ten years. During his tenure, he significantly boosted shareholder value through strategic growth initiatives and the commercialization of advanced technologies. His early career was spent in engineering and technology consulting, with a focus on introducing complex and emerging technologies to markets in both the UK and North America.
AFC Energy's Next Chapter
Wilson's appointment comes at a critical juncture for AFC Energy as the company builds on the progress made under Adam Bond's leadership. The company is now focused on scaling its manufacturing capabilities and further developing its ammonia cracker technology, which holds potential in the clean energy space. Wilson's proven expertise in executing strategic growth and enhancing shareholder value will be pivotal in driving the company forward.
Leadership Transition
To ensure a smooth leadership transition, AFC Energy's Chairman, Gary Bullard, will assume the role of interim CEO until Wilson officially takes over in January 2025. Adam Bond resigned as a director of the company effective 5th September 2024 but will remain available to support the transition process.