Aberdeen Appoints Clean Energy Veteran As Executive Chairman

Aberdeen International (TSX: AAB) this morning continued to bolster its executive team. The company has seen the appointed of a clean technology industry veteran, Martin Schuermann, as the firms Executive Chairman of the board of directors.

The appointment comes as Aberdeen looks to refine its focus to the clean energy sector. The appointment is expected to improve the ability of Aberdeen to find quality clean energy assets to acquire, as well as the ability of the firm to develop those assets out once acquired.

Previously the CEO of Vision Motor Corp, a fuel cell focused firm in the heavy-duty transport space, Schuermann has been involved in the clean energy sector for over a decade. With direct experience in the hydrogen fuel cell space, where his firm was behind the introduction of Class 8 hydrogen powered vehicles at both the Long Beach, CA and Los Angeles, CA ports, he comes highly qualified for the role.

Schuermann currently holds a BA from Westfaelische Wilhelms Universitaet Muenster, as well as MBA’s from Azusa Pacific University as well as from UCLA.

“Martin brings a wealth of energy and transportation sector experience that will accelerate our ambition to be the partner-of-choice for early-stage clean technology companies. Martin’s strategic vision, expertise and industry contacts will help us identify and execute on world-class opportunities.”

Stan Bharti, Director

With the appointment of Schuermann, Stan Bharti will be stepping back from his role slightly from the company, stepping down as chairman while remaining an overall director of the firm.

Aberdeen International last traded at $0.22 on the TSX.


FULL DISCLOSURE: Aberdeen International is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Aberdeen International on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

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