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Ceres Power Holdings

Ceres Power Holdings plc Appoint Non-Executive Director with impressive track record of commercialising technology

Alan Aubrey, Chairman of Ceres Power Holdings plc, said:

“We are delighted to welcome Dr Hu to the Board. He brings a wealth of experience in the power and technology sectors with an impressive track record of commercialising technology which is invaluable at this stage of the Company’s growth.”

Ceres Power Holdings plc (LON:CWR) today announced the appointment of Dr. Haoran Hu as a Non-Executive Director with immediate effect.

Dr. Hu joins the Board following Ceres Power’s strategic partnership with Weichai Power Co, announced in May 2018, when it was agreed that Weichai would have the right to nominate a non-executive director to the Board of Ceres Power, after the exercise of the warrant agreed at that time.

Dr. Hu is the Vice President and Chief Technology Officer of Weichai Power Co., one of China’s largest diesel engine and vehicle powertrain system manufacturers. Prior to joining Weichai, Dr. Hu had been in engineering leadership positions at Eaton Corp, Caterpillar Inc., Detroit Diesel Corporation, and Jacobs Vehicle Systems. He has over 25 years’ experience in the research and development of engines and powertrain systems.

Dr. Hu is a Fellow of SAE International, a Fellow of ASME, and a recipient of the 1999 SAE Arch T. Colwell merit award. He has 32 US patents and is a co-author of a SAE book “Advanced Hybrid Powertrains for Commercial Vehicles”. Dr. Hu holds a Doctor of Science (ScD) in Mechanical Engineering from Massachusetts Institute of Technology (MIT), and an MBA degree from the Ohio State University.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.