After thirteen and a half years as CEO of hydrogen equipment manufacturer and supplier ITM Power, Graham Cooley is stepping aside but will remain with the company in a senior strategic role.
As the company looks to expand its international presence, a new CEO is being sought with the skillset and experience required to take ITM Power through its next evolutionary stage.
“I have decided to step aside as CEO of ITM Power. Once a new CEO is welcomed into the company, I will adopt a new strategic role in ITM Power, reporting to the chairman and the new CEO,” said Cooley.
“I recognise that the skills now required to take the company forward are those of a world-class manufacturing professional who has expanded a manufacturing organisation internationally.
“I very much look forward to finding that individual, introducing them to ITM Power, and working closely with them as we go forward, while remaining a significant and supportive shareholder.”
Cooley joined the company in 2009 following a career in the power and technology sectors where he developed a number of novel technologies and oversaw multi-million-pound fundraising rounds.
As CEO of ITM Power, he has taken the company into new markets, including Japan and North America, and overseen equity fundraisers of almost £500m. In 2021 the company opened what is claimed to be the world’s largest electrolyser manufacturing facility.
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