Quadrise PLC (AIM:QED) non-executive chairman Andy Morrison and CEO Jason Miles talked with Proactive's Stephen Gunnion about the company's latest strategic leadership update and its focus on delivering key commercial and technology goals. Morrison outlined that Miles will transition to a new role focused on advancing Quadrise's core technologies and overseeing trial programmes, particularly those involving MSC and Cargill.
Morrison stated, “We all believe the time for Quadrise PLC is now. We need to get on with it to deliver our technology and play our role in the decarbonization of shipping and the heavy industry sectors that we serve.”
He explained that the change follows successful fundraising efforts in January and milestone achievements across core areas of the business. The search for a new CEO will now begin, with Morrison temporarily increasing his involvement to support the transition.
Miles said his new role, effective 1st June, would allow him to focus more on the company’s bioMSAR technology and extend its IP portfolio. He emphasised the importance of the marine sector trials and commercial scale-up of their fuels.
Quadrise is also strengthening its team with new appointments to build sector-specific expertise.
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