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Energetix appoints new non-executive chairman

Clare Spottiswoode, CBE has been appointed a non-executive chairman at Energetix.
Energetix appoints new non-executive chairman
Ms Spottiswoode is a mathematician and economist by training and is currently a member of the Independent Commission on Banking. Her career includes her time as director general of Ofgas, the UK gas regulator, and more recently as policyholder advocate for Norwich Union's with-profits policyholders at Aviva.

She has also set up and managed her own businesses and has considerable experience in the energy sector. She is currently chairman of Gas Strategies Group Limited, a non-executive director of the FTSE 100 security company G4S plc, EnergySolutions and Illika and until recently a non-executive director of the oil company Tullow Oil.

Following the appointment of Ms Spottiswoode, Alan Aubrey (currently non-executive chairman) will become a non-executive director.

In addition to these appointments, Rick Smith, interim chief financial officer of Energetix, will stand down from the board following the AGM to focus on his duties as chief executive officer of VPhase. Energetix will seek to appoint a new chief financial officer in due course and in the meantime the current finance team, set up by Mr Smith will meet the current demands of this role while a replacement is recruited.

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20 May 2011


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