Advent Technologies Announces New Vice President of Business Development, Europe
16 March 2022 - 02:00AM
Business Wire
Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or
the “Company”), an innovation-driven leader in the fuel cell and
hydrogen technology space, is pleased to announce that Hechem
Nadjar will join the Company as Vice President of Business
Development, to lead business development and sales across
Europe.
Mr. Nadjar holds extensive experience in the oil & gas and
renewable energy industries, successfully deploying hydrogen and
fuel cell technology solutions to market for TotalEnergies and
Shell, where he served as Head of Partnerships & Business
Development (Clean Hydrogen), and Commercial & Business
Development Manager (Hydrogen), respectively. Over the past 9
years, Mr. Nadjar has focused on commercializing sustainable
solutions in the renewable energy market and has played a key role
in securing deals of high strategic importance.
“Hechem’s appointment comes at a critical time for our company,
as we revamp the distribution of our products, with an aim to
increase the supply of our vast range of clean and reliable fuel
cell solutions across Europe,” said Advent’s Chief Marketing
Officer, Chris Kaskavelis.
“One of Advent’s main goals is to positively contribute to
global decarbonization efforts by offering solutions that
significantly cut emissions and increase efficiency. Hechem will
further strengthen these efforts, as his role will be key to
spearheading joint development agreements for our fuel cell
innovations in the transportation market. We are thrilled to
welcome him to the Advent team and look forward to a successful
collaboration,” Dr. Kaskavelis added.
Hechem Nadjar stated, “I am proud and excited to be joining
Advent as a partner in its mission for a cleaner safer world,
through the utilization of hydrogen and fuel cell technologies. I
am eager to use my years of experience to bring Advent’s current
and future products to the European market, as well as to establish
long-lasting and sustainable partnerships to speed this
mission.”
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that
develops, manufactures, and assembles complete fuel cell systems as
well as supplying customers with critical components for fuel cells
in the renewable energy sector. Advent is headquartered in Boston,
Massachusetts, with offices in California, Greece, Denmark,
Germany, and the Philippines. With more than 100 patents issued,
licensed, and pending for its fuel cell technology, Advent holds
the IP for next-generation HT-PEM that enables various fuels to
function at high temperatures and under extreme conditions –
offering a flexible “Any Fuel. Anywhere.” option for the
automotive, aviation, defense, oil and gas, marine, and power
generation sectors. For more information, visit
www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These
forward-looking statements generally can be identified by the use
of words such as “anticipate,” “expect,” “plan,” “could,” “may,”
“will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and
other words of similar meaning. Each forward-looking statement
contained in this press release is subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statement. Applicable risks
and uncertainties include, among others, the Company’s ability to
maintain the listing of the Company’s common stock on Nasdaq;
future financial performance; public securities’ potential
liquidity and trading; impact from the outcome of any known and
unknown litigation; ability to forecast and maintain an adequate
rate of revenue growth and appropriately plan its expenses;
expectations regarding future expenditures; future mix of revenue
and effect on gross margins; attraction and retention of qualified
directors, officers, employees and key personnel; ability to
compete effectively in a competitive industry; ability to protect
and enhance Advent’s corporate reputation and brand; expectations
concerning its relationships and actions with technology partners
and other third parties; impact from future regulatory, judicial
and legislative changes to the industry; ability to locate and
acquire complementary technologies or services and integrate those
into the Company’s business; future arrangements with, or
investments in, other entities or associations; and intense
competition and competitive pressure from other companies worldwide
in the industries in which the Company will operate; and the risks
identified under the heading “Risk Factors” in Advent’s Annual
Report on Form 10-K/A filed with the Securities and Exchange
Commission on May 20, 2021, as well as the other information filed
with the SEC. Investors are cautioned not to place considerable
reliance on the forward-looking statements contained in this press
release. You are encouraged to read Advent’s filings with the SEC,
available at www.sec.gov, for a discussion of these and other risks
and uncertainties. The forward-looking statements in this press
release speak only as of the date of this document, and the Company
undertakes no obligation to update or revise any of these
statements. Advent’s business is subject to substantial risks and
uncertainties, including those referenced above. Investors,
potential investors, and others should give careful consideration
to these risks and uncertainties.
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version on businesswire.com: https://www.businesswire.com/news/home/20220315005981/en/
Advent Technologies Holdings, Inc. Elisabeth Maragoula / Chris
Kaskavelis press@advent.energy
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