EQTEC appoints new COO

Jeff Vander Linden will also join the board of the gasification technology company as COO and strategy & operations director with immediate effect

EQTEC PLC - EQTEC makes interim COO permanent

EQTEC PLC (LON:EQT) said it has appointed Jeff Vander Linden to its board as chief operating officer and strategy & operations director with immediate effect.

The gasification technology company said the newly defined role will see Vander Linden focus on establishing project execution and business management disciplines, growing EQTEC's partner ecosystem and strengthening the firm’s operational platform to scale its business through 2021 and beyond.

READ: EQTEC making progress on Billingham development plans as exclusivity period is extended

Vander Linder has worked with EQTEC since July in a consulting capacity, most recently as interim COO, prior to which he also worked as global director of strategy and demand for global business services at beverages giant AB InBev and as head of organisation development for SABMiller Procurement.

"It is hugely satisfying to have Jeff appointed to the Board to do what I believe he does best: design a 'future proof', resilient and dynamic organisation for scale. This, for us at EQTEC, is another clear statement of intent and his impact is already being felt by everyone on the team”, EQTEC chief executive David Palumbo said in a statement.

“The COO role is critical for EQTEC as we transition from a growing innovation leader to a high-growth, multi-market technology leader. I am happy to report that Jeff's involvement with EQTEC is significantly accelerating this transition as we position EQTEC to lead the growing gasification industry with the successful execution of projects and business plans, which, I am confident, will in turn deliver further shareholder value", he added.

"I am very excited to join a great technology company with so much capability yet to be discovered by many. Like the rest of the Board, I believe strongly in our mission and see massive global potential for EQTEC. With discipline and focus, I intend to ensure that we make the most of it", Vander Linden said.

Quick facts: EQTEC PLC


Price: 1.12 GBX

Market Cap: £95.91 m

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