Frontier IP has announced that portfolio company Pulsiv (or the “Company”) has appointed Adam Westcott as Chief Financial Officer
Adam has more than 20 years’ experience in finance at senior levels for both entrepreneurial growth businesses and in investment banking, where he advised small and large companies working on equity, debt and mergers and acquisitions.
He is joining Pulsiv from AMTE Power plc, (“AMTE Power”), an AIM-quoted developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, where he was Chief Financial Officer for more than three years. AMTE Power listed earlier this year through a successful and oversubscribed placing. Prior to this, he has held a number of finance director roles with entrepreneurial growth companies and previously worked in investment banking where he advised on a significant number of IPOs and M&A transactions. Adam is qualified by the Chartered Institute of Management Accountants and has a Master of Engineering degree from the University of Oxford.
Adam will join Pulsiv later this year when he has completed his notice period for AMTE.
Adam is the latest in a series of senior management appointments Pulsiv has made in moves to accelerate development, prepare for scale up and deploy its unique power conversion technology. The Company has recently announced the appointments of Darrel Kingham as Chief Executive Officer and Dr Zaki Ahmed as Chief Strategy Officer, who joined full time from his post as Associate Professor at the University of Plymouth. Dr Tim Moore, Executive Vice President of Shark Robotics, part of SharkNinja, has also joined the Pulsiv Board of Directors as a non-executive director.
With a mission to “Make the most efficient use of electricity wherever it is converted”, Pulsiv solutions will enhance a broad range of mains-powered products, battery chargers, lighting applications and also extract more power from photovoltaic solar cells. The Company is collaborating with Bosch on a solar microinverter.
Adam is a welcome and valuable addition to my leadership team. His financial credentials, operational experience and strategic mindset will help to deliver commercial success and support our global ambitions.
Pulsiv Chief Executive Officer Darrel Kingham
Adam has a very strong background in finance and involvement in entrepreneurial early-stage companies, from an investment perspective as well as being a board member. His decision to join Pulsiv at such an important stage in its development provides strong validation of the Company’s technology and the strategy Darrel has put in place.
Frontier IP Chief Executive Officer Neil Crabb