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Thursday, October 17, 2024
Chariot Limited announced that Andrew Hockey, currently a Non-Executive Director, has been appointed to the role of Non-Executive Chairman of the Company. Andrew succeeds George Canjar, who has retired from the Board, with both changes taking effect immediately.
George Canjar commented: “It has been a real pleasure to work alongside everyone at Chariot throughout the time I have been involved with the business but I feel that now is the right time for me to retire from the Board. I welcome Andrew in taking over from me as Chairman and wish the Company all the best for the future.”
Andrew Hockey, Non-Executive Chairman, commented, “I would like to thank George for his hard work and dedication to Chariot. Having worked together for the past five years, I look forward to a seamless transition and we as a Board remain fully focused on maximizing value for shareholders.”
Adonis Pouroulis, CEO of Chariot, commented: “I would also like to thank George for all his wise counsel and support during his time on the Board. As Chairman he helped steer the Company through some critical times and we very much appreciate the significant contributions he made throughout his tenure. He will be a missed member of the team and we wish him well with his retirement.
“We continue to make good progress with our Transitional Power financing, our new venture opportunity and we are pursuing various funding avenues for our Green Hydrogen business. We are also working alongside our partners to determine the next steps for Chariot’s gas business and we will provide further updates on this in due course. As we set out in our interim results, we are looking to preserve capital and have already taken steps to reduce costs where appropriate whilst we consider our forward work programs.”
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