ITM Power names Jurgen Nowicki as its next chair

(Sharecast News) - ITM Power named Jürgen Nowicki as its next non-executive chair on Monday, effective 15 January 2026, succeeding Sir Roger Bone, who would retire from the role on the same date.

The AIM-traded firm said Nowicki would bring extensive experience from the global hydrogen and industrial gases sectors, most recently serving as CEO of Linde Engineering and as a member of Linde's executive leadership team.

He previously held senior executive roles across Linde's gases and forklift divisions in Europe and the US.

His appointment came as ITM looked to scale up and further commercialise its electrolyser technology.

"Jürgen's appointment as chair signals our ambition - he brings sharp strategic instinct and industry depth," said chief executive officer Dennis Schulz.

"His experience and customer contacts will be invaluable as we execute the next phase of our growth strategy.

Nowicki previously served as Linde's nominated representative on the ITM board between 2019 and early 2025.

His new appointment would take that earlier tenure into account.

Sir Roger Bone, who had chaired ITM since 2019 and been on the board since 2014, oversaw the company's transition from a development-stage business to a commercial player in the green hydrogen sector.

"I am deeply honoured to take on the role of chair at ITM during this pivotal moment in the company's growth," Jürgen Nowicki commented.

"As we continue to lead the charge in green hydrogen innovation, I firmly believe that this technology will play a central role in the global energy transition.

"ITM stands at the forefront of this transformation, uniquely positioned with its cutting-edge technology and robust manufacturing capabilities."

At 0921 BST, shares in ITM Power were up 7.43% at 78.1p.

Reporting by Josh White for Sharecast.com.