GF’s Chief Financial Officer Roland Abt (59) has been proposed for nomination as member of the Board of Swisscom AG. He has therefore decided to step down at the end of 2016.
The nomination of Roland Abt at Swisscom will bring his total external mandates in Swiss listed companies to two, temporarily exceeding the amount allowed by the GF Articles of Association. In the remaining course of the year, he will help ensuring a proper transition with his successor who will be nominated in due time.
Roland Abt can look back on a very successful career at GF including as CFO of the corporation over the last 13 years. We congratulate him for this nomination, certainly a testimony of his excellent competence and reputation inside and outside of our company. Board and Executive Committee thank him very much for his outstanding contributions over the last 21 years at the service of our company and wish him much success in his new roles.
Source: Georg Fischer
France has launched an offshore green hydrogen production platform at the country’s Port of Saint-Nazaire this week, along with its first offshore wind farm. The hydrogen plant, which its operators say is the world’s first facility of its type, coincides with the launch of another “first of its kind” facility in Sweden dedicated to storing hydrogen in an underground lined rock cavern (LRC).
The project sets up the Hydrogen Valley in Rome, the first industrial-scale technological hub for the development of the national supply chain for the production, transport, storage and use of hydrogen for the decarbonization of industrial processes and for sustainable mobility.
At first glance, hydrogen seems to be the perfect solution to our energy needs. It doesn’t produce any carbon dioxide when used. It can store energy for long periods of time. It doesn’t leave behind hazardous waste materials, like nuclear does. And it doesn’t require large swathes of land to be flooded, like hydroelectricity. Seems too good to be true. So…what’s the catch?
