New chief exec for energy storage and clean fuel business

Sheffield-headquartered energy storage and clean fuel company, ITM Power, has appointed Dennis Schulz as chief executive officer with effect from 1 December 2022.

He moves to ITM Power from Linde Engineering, a division of Linde plc, in Dresden, Germany, where he has been managing director since 2020.

He brings with him over 14 years of experience working with Linde Engineering across a variety of functions including project execution, head of strategy and CFO.

He has been closely involved in ITM Power’s strategic relationship with Linde and in his current capacity has established strong relationships with the ITM team in Sheffield.

He has, in particular, significant experience in the market for green hydrogen and decarbonisation.

Sir Roger Bone, chairman of ITM Power, said: “We undertook a thorough search process with several high calibre candidates and we have no doubt Dennis has the right experience, skills and enthusiasm to take ITM Power to the next phase in its development.

“He knows the company and technology well and is ideally qualified to help ITM reach its full potential. He will be warmly welcomed in Sheffield.”

Schulz added: “I believe in ITM’s core technology and in the important role green hydrogen will play in the energy transition.

“I welcome the opportunity to help ITM steer a successful path from the development of first-of-a-kind technology to becoming a highly efficient and reliable technology and manufacturing company.

“The potential is enormous and I look forward to leading the company at this crucial stage in its development.”