Atlantis Resources Names New Non-Executive Chairman
- Business & Finance
Atlantis Resources, the vertically integrated turbine supplier and project owner in the tidal power industry, has announced the appointment of John Neill CBE as Non-Executive Chairman, with immediate effect.
Tim Cornelius, CEO of Atlantis Resources, said: “To have recruited a Chairman of John’s calibre, experience and profile is a tremendous boost for Atlantis Resources and a further endorsement of the potential of the business we have built. John’s input will be especially valuable as we review options for the next stage of development, which include a potential listing in London.”
John Neill, Chairman of Atlantis Resources, said: “After many years of technology development, I believe that tidal energy, which can offer clean, predictable and sustainable electricity generation with minimal environmental and visual impact, has significant potential. Atlantis, especially through its 100% ownership of the MeyGen project in Scotland, is a significant player in the industry. MeyGen is the largest consented tidal stream power project in Europe and is scheduled to commence initial power production in 2015. Its development will be an important milestone for the marine energy sector and, of course, for Atlantis.”
John is currently Chairman and Chief Executive of Unipart, one of the largest private companies in the UK. He joined the Unipart Group of Companies from General Motors in 1974 and set out to establish a more independent and broadly based role for what was then British Leyland’s Parts Division. In 1987, John led the management buyout of the company and began the process of changing not only the culture but the philosophy by which the business was run.
He is a non-executive director of Rolls-Royce plc and was formerly a director of the Court of the Bank of England and a non-executive director of the Royal Mail and Charter International plc.
John was appointed Prince’s Ambassador for the South East for 2009 by HRH The Prince of Wales.
Press Release, January 07, 2014; Image: Rolls-Royce