ZEG Power has recently established a solid platform for commercializing its innovative technology for clean hydrogen production, with new owners onboard, and supported by public financing institutions.

The company is currently in the process of strengthening the team in order to ensure successful upscaling and realisation of its first commercial product, a ZEG H30 production unit to be installed and put into operations at CCB Energy Park, Kollsnes, as well as establishing a commercially attractive business.

Based on a wish to focus on the commercial aspects of ZEG Power’s further development and growth, current CEO Kathrine K Ryengen has requested to transition to the role as Chief Commercial Officer (CCO) in ZEG Power.

The company has thus started the search for candidates for the CEO role.

“The fact that the company recently has attracted private capital from international and Norwegian investors as well as public funding from Enova to support the next step in the development, provides a robust foundation from a financial aspect and a great platform for further growth.” he continues.

“I am very happy to have been trusted the important role as CEO in ZEG Power during the last few critical years, and I am both very proud of what we as a team have achieved during that time and strongly motivated to continue to develop the commercial side of the business going forward, in close cooperation with the rest of the ZEG team” says Kathrine K Ryengen. “There is a time for everything, and I believe my efforts should be put where my strengths are, on the commercial side. I am convinced that we are now in an exceptionally good position to attract the best talent with the right experience and motivation to take on the CEO role from here, which makes this important choice easier for me.” she continues.

Kathrine K Ryengen will ensure a smooth transition by continuing in the CEO role until the new CEO is in place.

“On behalf of ZEG Power Board and owners I would like to express our gratitude for Kathrine’s strong contributions to the success of the company so far, and our respect and support in terms of her wish to transit to the CCO role. Until we have in place the new CEO, she continues to have our full trust and mandate as CEO” says Carl Lieungh.