Loop Energy rargets strategic growth with appointment of Damian Towns as CFO.
Loop Energy (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell solutions, announce Damian Towns will join the company as Chief Financial Officer on November 15, 2021.
Mr. Towns joins Loop Energy from Photon Control, a Richmond, BC-based optical sensors supplier to the world’s largest semi-conductor OEMs. As the Chief Financial Officer and Corporate Secretary, Mr. Towns guided Photon’s exponential growth and maximized shareholder revenue through its recent acquisition.
He brings deep expertise and technical knowledge in corporate finance, financial planning, accounting, governance, and investor relations. Loop Energy is also excited to draw on Mr. Towns’ strategic and financial experience managing organizations with manufacturing operations and research & development activities.
Mr. Towns brings over 25 years of experience in progressive and rapid-growth companies, spending 15 years leading organizations at the executive level. Prior to his role at Photon Control, Mr. Towns served as an Executive Director, CFO and Corporate Secretary at Liberty Defense (TSXV: SCAN), a technology company that provides Active 3D Imaging and AI software to address security challenges.
His career also includes over 12 years as CFO and Corporate Secretary at Marimaca Copper (TSX: MARI), formerly Coro Mining. Mr. Towns holds both CPA and CA designations, along with a First-Class Honours degree in accounting and finance from the University of Otago, New Zealand.
The arrival of Mr. Towns continues to strengthen Loop Energy as a leader in hydrogen fuel cell technology. With significant international experience in high-growth companies, he is well-positioned to provide strategic oversight as Loop enters new markets and expands its global footprint. Mr. Towns will also oversee investor relations initiatives.
Damian Towns.
I am excited to be joining Loop Energy’s world-class team and to augment the existing leadership team already in place
“Hydrogen fuel cells have an increasingly important role to play in reducing global carbon emissions and supporting the clean energy transition. l believe Loop’s technology, innovation and performance will place it at the forefront of the electrification industry growth curve.”
Ben Nyland, President & Chief Executive Officer at Loop Energy.
Damian’s experience scaling progressive companies both internationality and in North America will be an important addition as Loop continues to expand in various markets.
“We believe Damian is a tremendous hire and one that will bring strategic value to our executive team as we continue to grow.” Thanks for staying up to date with Hydrogen Central.
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Loop Energy Targets Strategic Growth with Appointment of Damian Towns as CFO, VANCOUVER, BRITISH COLUMBIA, November 9, 2021
