Atlantis has informed that Simon Counsell will stand down as Chief Finance Officer (CFO) of the company, effective August 31, 2017.
The company decided to name Andrew Dagley, current Head of Corporate Finance, as the new CFO.
Simon has been with Atlantis since October 2015 and led the finance team through the relocation from Singapore to Edinburgh.
Simon is stepping down in order to pursue other business interests but will work to ensure an orderly hand over with Andrew, Atlantis explained.
Andrew has been with Atlantis since prior to the IPO in 2014 and has spent considerable time working closely with both Simon and his predecessor, Duncan Black. Andrew joined Atlantis from IFM Investors.
Tim Cornelius, Chief Executive of Atlantis, said:
“I would like to thank Simon for his support and hard work over the last two years as we have transitioned the finance department from Singapore to Edinburgh, where he has built a highly competent team. On behalf of the board, I would like to thank Simon for his efforts and wish him the very best for his future endeavours.
“I am delighted that Andrew will have the opportunity to join the operations board as CFO. Andrew joined Atlantis in 2014 and has been an integral part of the team since then. He worked on the IPO, the acquisition of Marine Current Turbines from Siemens AG and the financial close of MeyGen Phase 1A. He brings a wealth of experience in global renewable energy generation and we all look forward to working with him as we continue to build on Atlantis’s successes.”