Frontier IP Group PLC (LON:FIPP) said its portfolio company, Pulsiv, has appointed Adam Westcott as its chief financial officer.
Westcott will join Pulsiv later this year from AMTE Power PLC (LON:AMTE), an AIM-listed developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, where he also served as CFO.
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Prior to his role at AMTE, Westcott held a number of finance director roles with entrepreneurial growth companies and previously worked in investment banking where he advised on a significant number of IPOs and M&A transactions.
"Adam is a welcome and valuable addition to my leadership team. His financial credentials, operational experience and strategic mindset will help to deliver commercial success and support our global ambitions", Pulsiv chief executive Darrel Kingham said in a statement.
"Adam has a very strong background in finance and involvement in entrepreneurial early-stage companies, from an investment perspective as well as being a board member. His decision to join Pulsiv at such an important stage in its development provides strong validation of the company's technology and the strategy Darrel has put in place," added Frontier IP CEO Neil Crabb.