Ceres Power Holdings plc announced that in line with Board succession planning Alan Aubrey, Chairman of the Company, is standing down and that Warren Finegold, currently a Non-Executive Director, will succeed him as Chairman with immediate effect. Mr. Aubrey has served as Chairman of Ceres since December 2012 and will remain a Non-Executive Director to ensure a smooth handover of responsibilities to Mr. Finegold. Mr. Aubrey will retire from the Board on 28 September 2020, in accordance with good corporate governance practice on Board tenure and in line with the announcement of the Company's interim results. Robert Trezona, a Non-Executive Director who has served on the Board of Ceres since championing IP Group plc's investment into the business in 2012, will also step down from the Board at this time.