RedT Energy appoints new finance and commercial directors
Shares in RedT Energy gained on Monday after the energy storage technology appointed changes to its management and board.
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Scott Laird has been appointed finance director and David Stewart as commercial director, effective Tuesday.
In addition, Zainul Rahim is to step down as a non-executive director at the next shareholder meeting.
Laird, member of the Chartered Institute of Management Accountants, joined the company in 2015 and was previously financial controller of Energy Assets, a smart meter firm. Before that, he was finance manager at Harsco Corporation, a US industrial services company.
While Stewart joined redT earlier this year leading the company’s commercial sales, software, customer support and implementation teams. He was the director for strategic investment at Jabil Circuit Inc, a US electronics manufacturer, and has previously worked at technology firms, Hewlett Packard, Keysight and Oracle ERP Implementation.
Chairman Jeff Kenna said: “We are extremely pleased to welcome both Scott and David to the board of RedT. Scott has been invaluable during his time at the company and David has made a significant impact since he joined. I look forward to working with them as we look to capitalise on our position as a market leader in the energy storage sector.
“I would also like to thank Zainul Rahim for his contribution to the company over the past five years. He has played a pivotal role in RedT's corporate development and we wish him all the best in his future endeavours."
Shares in RedT Energy were up 5.63% to 9.38p at 0927 BST.