Appointment of Chad Holliday as Lead Independent Director

Date: 2022-01-17

Venterra Group Plc, the offshore wind energy services business, today announces Chad O.Holliday is to join its Board as Lead Independent Director with immediate effect.

Chad Holliday was previously Chair of the Board of Royal Dutch Shell from 2015 to 2021 and Chairman of the Board of Directors of Bank of America from 2010 to 2015. For eleven years until 2008 he was Chair of the Board of Directors and Chief Executive Officer of DuPont.  Under his direction, DuPont established its mission to achieve sustainable growth: increasing shareholder and societal value while decreasing the company’s environmental footprint.  

Chad is also known for his significant contribution to the advance of sustainability and protection of the environment.  In 2011, UN Secretary-General Ban Ki-moon launched Sustainable Energy for All with Chad leading the initiative’s Executive Committee.  Today he remains a Director of the United Nations Foundation. In 2021 he became Co Chair at the launch of the Mission Possible Partnership, an alliance of climate leaders focused on supercharging decarbonisation across the entire value chain of the world’s highest-emitting industries in the next ten years.

He is a former Chair of the US National Academy of Engineering and a member of the UK’s Royal Academy of Engineering.

Chad Holliday said; ‘Offshore wind power is a proven technology and critical for near term decarbonisation of the energy system.   Venterra is doing exactly the right thing bringing together the range of services and investment capacity vital for the industry’s urgent expansion. I look forward to supporting the rapid creation of a leading services champion able to help wind energy reach global scale in the next decade.’

Ayman Asfari, Executive Chairman, said; ‘We are delighted to welcome Chad onto our Board.  He obviously brings great industrial experience as well as being a climate leader focused on finding practical solutions to decarbonising the global economy.  Venterra’s vision is to enable wind energy to lead in the energy transition which aligns exactly with Chad’s wide ranging expertise.  He joins our strong non-executive Board members Dame Vivienne Cox and Tove Feld who have already made a great contribution to our growth in Venterra’s first year.’