The board of the directors of the Company is pleased to announce the forthcoming appointment as a non-executive director of Lord Nicholas Fairfax. Lord Fairfax is expected to be appointed at the board meeting that is scheduled for the afternoon of 7 September 2021.
Lord Fairfax qualified as a barrister in 1977 and then has worked over the last 40 years in the specialist area of Protection & Indemnity insurance within the shipping and marine world. He has also served for 15 years, until 2020, as a senior executive with the SCF Group, one of the world’s largest tanker shipping companies. He has a wide understanding of the many issues faced by the shipping industry.
Since 2015, he has been an Elected Hereditary Peer Member of the House of Lords and continues to be so. At SulNOx, he will serve as a Non-Executive Director, and will provide an important link between the shipping world and the “state of the art” green technologies of The SulNOx Group
Lord Fairfax said, “I am very enthusiastic and excited to join the SulNOx board at the start of this period of significant growth potential. From what I have already seen of the SulNOx products, it is clear that we can make an immediate impact to an industry in great need of cost and emission reductions.”
CEO Ben Richardson added, “The Company will not only benefit from Nicholas’ extensive shipping market knowledge and connections, but he will also add significant commercial experience and value to the wider organisation. I am very pleased that he has decided to join us and am already impressed with his passion to help the shipping industry and its quest to decarbonise as part of their green agenda.”
Following Lord Fairfax’s appointment, the roles of the Board Members will be as follows:
- Radu Florescu– Non-Executive Chairman
- Ben Richardson – Chief Executive Officer
- Steven Cowin –Chief Financial Officer
- Tony Granger – Chief Administration Officer
- Kiesha Robinson – Independent Non-Executive Director & Company Secretary
- Lord Fairfax – Non-Executive Director
Chief Administration Officer,
Aquis Stock Exchange Corporate Adviser:
Allenby Capital Limited,
+44 (0) 20 3328 5658
The directors take responsibility for this announcement.
About SulNOx Group Plc
SulNOx, www.sulnoxgroup.com, has developed a hydrocarbon fuels conditioning and emulsifying process which enables more efficient fuel combustion, potentially leading to reduced fuel consumption and significantly lowered emissions.