On behalf of the Board, I am very pleased to announce the appointment of Mr. Douglas Pertz as the new President and Chief Executive Officer of Clipper, effective September 23, 2008
Carpinteria, CA (PRWEB) September 24, 2008
Clipper Windpower Plc ("Clipper") today announced the appointment of Douglas Pertz as President and Chief Executive Officer. James, GP Dehlsen, the company's co-founder who has led the company as CEO and Board Chairman, will continue in the Chairman's role to help guide corporate strategy and lead product market positioning and new technology development.
"On behalf of the Board, I am very pleased to announce the appointment of Mr. Douglas Pertz as the new President and Chief Executive Officer of Clipper, effective September 23, 2008," said James GP Dehlsen, Board Chairman. "I have worked closely with Doug since he joined the Company as Interim Chief Operating Officer in May 2008. Throughout this period, the Board of Directors and I have gained a high level of confidence in his business acumen, work ethic and his clear ability to provide effective and energetic leadership. Doug has a clear vision of Clipper's strategic and tactical issues and has already been contributing directly and effectively across all aspects of Clipper's activity."
"With this change, I will dedicate more time to corporate strategy, product and technology development, including the Britannia offshore turbine project, and broader communication of Clipper's unique position and the wind industry's vital role in the urgent task of transforming our economy toward greater energy security and sustainability. "While stepping back from day-to-day operational issues, I will remain very much involved in the progress of Clipper," added Dehlsen.
Appointed as a non-executive director by the Clipper Board on May 12, 2008, Doug Pertz has been serving as Interim Chief Operating Officer of Clipper Windpower since May of this year. Prior to his appointment as President and Chief Executive Officer of the Company, Mr. Pertz was a Partner with One Equity Partners, and served as Chairman and CEO of IMC Global, Inc. until it merged to form the Mosaic Company.
Previously, Mr. Pertz served as President and CEO, and as a Board Member of Culligan Water Technologies, Inc., Group Executive and Corporate VP of the Danaher Corporation, and held executive positions in the power generating activities of Cummins Engine Company and Caterpillar. He is a director since 2004 of Nalco Holding Co. and previously a director of Compass Minerals International, the Mosaic Company, and Bowater Incorporated. Mr. Pertz earned a B.S. in Mechanical Engineering from Purdue.
"I couldn't imagine a more exciting time to be joining Clipper and taking part in the wind energy sector," said Doug Pertz, President and CEO of Clipper Windpower. "With Clipper's revolutionary wind turbine technologies, we have a tremendous opportunity to be a leader in the rapidly growing and vital alternative energy market."
"I am honored to carry on the tradition that Jim and his son, Brent Dehlsen, have built over the past six years, and look forward to leading Clipper through its next phase of growth," he added.
About Clipper Windpower:
Clipper Windpower, http://www.clipperwind.com, is a rapidly growing company engaged in wind energy technology, turbine manufacturing, and wind project development. With offices in the United Kingdom, United States of America (California, Colorado, Iowa, and Maryland), Denmark, and Mexico and a ISO9001:2000 QMS Certified, 330,000 square foot manufacturing and assembly facility located in Cedar Rapids, Iowa, the company designs advanced wind turbines, manufactures its 2.5-MW Liberty wind turbine and actively develops wind power generating projects in the Americas and Europe. Clipper is a public company listed on the London Stock Exchange's Alternative Investment Market (AIM). Clipper's ticker symbol is CWP.
The ordinary shares of Clipper Windpower Plc are traded on the Alternative Investment Market of the London Stock Exchange and are not registered under the U.S. Securities Act of 1933, as amended. Such shares may not be offered or sold to residents of the United States or to persons acting on their behalf, or to other persons who are "United States Persons" within the meaning of Regulation S as promulgated under the Securities Act of 1933, unless such shares have been registered under the Securities Act or there is an available exemption from registration.
For more information contact:
Director, Global Communications
Clipper Windpower Inc.
6305 Carpinteria Avenue, Suite 300
Carpinteria, CA 93013
mmccann @ clipperwind.com