Element Power Holdings has announced that Joe Slamm, co-founding partner of Hudson Clean Energy Partners and a member of the Element Power board of directors, will serve as the company’s interim chairman following the departure of Pedro Barriuso.
Additionally, Mike O’Neill, president and chief operating officer of Element Power Holdings, will assume the role of CEO of Element Power Europe, a newly reorganised division that consolidates the company’s activities in Europe.
Across the Atlantic, Ty Daul, current CEO of Element Power North America, will become CEO of Element Power Americas, a newly reorganised division that consolidates the company’s activities in the U.S., Central America and Latin America.
Neil Auerbach, founder and co-managing partner of Hudson Clean Energy Partners, Element’s principal investor, said: “We thank Pedro for his service to the company and wish him all the best in his next endeavour.
“Joe Slamm is one of the most experienced executives in the clean energy space, and I am delighted that Joe, Mike and Ty are assuming these crucial leadership roles.”
While at Goldman Sachs, Slamm formerly served as interim CEO of Horizon Wind Energy, an independent power producer in the wind sector. He will also continue in his current role as investment partner at Hudson.
Element’s new divisional structure is expected to significantly increase the company’s ability to pursue growth opportunities and achieve operating efficiencies under the leadership of O’Neill and Daul.