Powerhouse appoint new Chairman

Powerhouse Energy Group has today announced the following change of Non-Executive Chairman.

James Greenstreet will step down today from his role as Non-Executive Chairman, having agreed to postpone his previously announced intention to do so. James will continue as a Non-Executive Director until 30 June 2022.

Recently appointed CEO of Powerhouse, Paul Drennan-Durose, said ‘The Board would like to publicly express its thanks to James for his work and support as Chairman and are pleased he has agreed to stay on as a Non-Executive Director. At the same time, I can announce that Russell Ward has been selected and appointed as Non-Executive Chairman, with immediate effect’.

Russell Ward was appointed as a Non-Executive Director on 4 February 2022. The Board, in considering a Chairman, have agreed that Russell is the most suitable candidate for the role. Paul continued, “I have worked closely with Russell previously. I am therefore pleased he joined the board, and subsequently, has agreed to quickly take the role as Non-Executive Chairman. His corporate, board, and operational experience in industry will be of value and relevance to the Company, and to shareholders.’