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Intelligent Energy Makes Key Board Appointments

2012-07-26 13:55
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Three new non-executive directors bring onboard a wealth of experience

LOUGHBOROUGH, England--(BUSINESS WIRE)--Intelligent Energy, the global power technology company, today announced the appointment of three new Non-Executive Directors (NEDs) – ARM Holdings’ CTO and co-founder Mike Muller; Zarir Cama, former Chief Executive Officer of HSBC India and Malaysia; and Martin Bloom, Chairman of Renesola.

Intelligent Energy is strengthening its Board of Directors as part of the company’s strategic drive for global expansion within the motive, stationary power and consumer electronics sectors. The three new Non-Executive Directors bring considerable experience to the Board, through the breadth of their strategic insight, global perspectives and access to diverse markets.

“Martin, Mike and Zed all have a wealth of practical experience: they know how to build and operate large businesses with global footprints. There is no doubt that these appointments will strengthen our Board, provide experience to build new business partnerships, widen our entry into emerging markets and accelerate the commercialisation of our technologies,” said John Rennocks, Chairman, Intelligent Energy.

Mike Muller is the Chief Technology Officer and co-founder of ARM, the British-based semiconductor and software design company. Mr Muller was one of the founding members of Arm Ltd when it was created as a joint venture in 1990 between Apple and Acorn. He occupied the post of Marketing Director and switched roles in 1996 to become Executive VP of Business Development before becoming CTO in 2000. Mr Muller brings unique experience in building a partnership-based business that has enabled a broad ecosystem of 1000's of companies that collaborate together to create innovative technology solutions.

Zarir J. Cama is a former Chief Executive Officer of HSBC India and Malaysia, and was most recently the Group General Manager of Group Management Office at HSBC Holdings plc prior to his retirement. Mr Cama’s 44-year career at HSBC included a variety of senior management positions in Asia and the Middle East. He currently holds non-executive positions at HSBC Bank Bermuda Limited, The Saudi British Bank (SABB), HSBC Private Banking Holdings (Suisse) SA, Tata Capital UK, Tata Capital Pte Ltd Singapore and Strategic India Infrastructure Fund Pte Ltd Singapore.

Martin Bloom is Chairman of Renesola, the global photovoltaic manufacturer that he helped list on AIM London and more recently on the New York Stock Exchange. Mr Bloom has steered Renesola through rapid growth to become a $1 billion plus turnover company in just a few years. Mr Bloom is a specialist in building high growth technology companies, across a range of sectors. He has strong connections in Asia, in particular with Chinese businesses, Institutions and government organisations.

“Zed, Mike and Martin are all seasoned executives with excellent international networks in China, India, Malaysia, the MENA region and the US, to name but a few geographies. They also have superb credentials in how to grow, finance and successfully run global businesses in different markets which are relevant to Intelligent Energy’s business plans. They add significant strength and depth to our management team, and will help drive Intelligent Energy’s growth in global markets,” said Henri Winand, Chief Executive, Intelligent Energy.

About Intelligent Energy

Intelligent Energy is a leading power technology company with a globally scalable business, operating in the stationary power, motive and consumer electronics sectors. Our proprietary and highly efficient power technologies are designed to be integrated into high volume, mass market products and by working with Intelligent Energy we enable our customers to resource efficiently accelerate and de-risk their go to market plans.

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Will Stanley, +44 020 8392 4095
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