McPhy announces new CEO

McPhy announces new CEO

Laurent Carme has been appointed as the new CEO of McPhy, effective 4th November (2019).

The French dedicated hydrogen solutions provider said it has decided to establish a separate governance structure in accordance with the recommendations of the Appointments and Remuneration Committee, set up to prepare for the succession at the head of the group, and in accordance with governance best practices.

Carme replaces current CEO Pascal Mauberger, who will continue as Chairman of the Board of Directors.

For the last 11 years, Mauberger has headed McPhy as Chairman of the Management Board and CEO.

He founded the company in 2008 with a team from the CNRS scientific research center and made it one of the French and European hydrogen sector’s flagship startups.

Mauberger then led the transformation of McPhy, which in ten years, has positioned itself among the leaders in France and Europe in decarbonated hydrogen.

The Board of Directors warmly thanks Pascal Mauberger for this remarkable entrepreneurial achievement, for the work accomplished at the head of McPhy’s teams and for his commitment during this founding decade.

Pascal Mauberger, Chairman of McPhy’s Board of Directors, said, “It is with confidence and much pleasure that I am handing over the position of CEO to Laurent Carme.”

“With his substantial experience in renewable energies, both in wind and hydroelectric power in France and abroad, Laurent Carme is an experienced and acknowledged leader who will steer McPhy through another decisive phase in its development, characterised by an acceleration in the international roll-out of its activities and the achievement of financial break even.”

Carme joins McPhy from GE Grid Solutions’ Power Transformers division, which he headed up since 2018.

McPhy said this appointment comes in a dynamic commercial context for the company, which received an order for a 1MW electrolyser from Hynamics (EDF) in September as part of the Commercial Industrial and R&D partnership signed in 2018.

Laurent Carme, CEO of McPhy, said, “I warmly thank the Board of Directors and Pascal Mauberger for the trust they have placed in me through this appointment.”

“By joining McPhy, I am glad to pursue a 10-year commitment to the energy transition. The growth potential of both hydrogen and McPhy is huge and I am enthusiastic to be able to contribute to it with all the women and men of McPhy.”

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