Thursday 01 December 2022 7:21 am
Graham Cooley
The chief executive of ITM Power Graham Cooley has quit with immediate effect after 13 years at the helm.
He will be succeeded by Dennis Shulz as the firm deferred its trading update to the end of January instead of in early December.
This comes after ITM Power suffered ballooning gross losses of £23.5m earlier this year, ballooning from £6.5m in 2021. Cooley announced he would quit as a result, when a successor was found.
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