Intelligent Energy Announces the Appointment of Paul Heiden as Non-executive Chairman

Intelligent Energy announced the appointment of Paul Heiden as non-executive Chairman. Mr Heiden has extensive experience at the most senior levels of industry in a career which has spanned a range of leading engineering, manufacturing and technology companies. These include Rolls-Royce plc, where he was Group Finance Director and, most recently, FKI plc, where he was Chief Executive Officer.

The appointment of Mr Heiden follows the recent strengthening of the Board through the addition of three new non-executive directors in July: Mike Muller, the Chief Technology Officer and co-founder of ARM; Zarir J Cama, the former Chief Executive Officer of HSBC India and Malaysia; and Martin Bloom, the Chairman of Renesola. As a result, Intelligent Energy's non-executive team now has an outstanding breadth of expertise and deep experience in each of the company's main markets of motive, stationary power and consumer electronics.

Henri Winand, Chief Executive Officer of Intelligent Energy, said: "We are delighted that someone of Paul Heiden's calibre and experience is joining the company. His outstanding track record in both executive and non-executive roles will be invaluable in helping Intelligent Energy to achieve its ambitious plans for the future. I would like to thank John Rennocks, who has chaired the company for the past six years, for the very significant contribution he has made in steering the company through a highly successful period of growth and development."

Paul Heiden added: "Intelligent Energy is a company with a unique and outstanding technology, an exceptionally talented team and an increasingly global footprint. I look forward to contributing to what promises to be an extremely exciting future."

At both Rolls-Royce plc and FKI plc, Mr Heiden managed businesses with diverse interests in the global energy and industrial power business sector with substantial aftermarket activities. He also has extensive experience in corporate governance activities including communication with investors in the UK, US and EU.

Mr Heiden is currently a non executive Director of the London Stock Exchange Group plc, United Utilities plc and Meggitt plc. Until recently he was also Chairman of Talaris Topco plc, a company owned by the Carlyle Group.