geo underlines strategic intent by strengthening board and senior management team
geo (Green Energy Options), the Cambridge based smart energy specialist, has underlined its strategic intent with two new appointments that reflect its desire to grow and win in the increasingly complex energy landscape, both nationally and through international expansion.
Patrick Caiger-Smith, co-founder and current CEO, will become Executive Chairman, maintaining an active role in the business while devoting more time to investor relations and helping to build the new partnerships that will be required to deliver geo’s growth strategy; while Steve Cunningham, previously SVP EMEA and CEO for UK and Ireland at Landis+Gyr, assumes the role of CEO at geo.
geo’s strategy is to enable a sustainable future where every household can manage and minimise its carbon footprint without even having to think about it.
Leading the smart energy market and extending the best of the UK’s world-class green energy management skills and capabilities to new geographies places a host of new demands on geo, and the appointment of Steve Cunningham as CEO reflects this. His wide experience in large-scale work with utilities and in the B2B2C space, extensive global partnership development success and his background in complex IT systems deployment and management makes his skill set an ideal match to geo’s emerging challenges.
“The last 12 months have seen the pace of change in the global energy market accelerate faster than at any stage in geo’s history. To maintain and build on our leadership position in serving our existing and future customers, it’s the right time to strengthen geo’s board and bring a new set of complementary skills to the business. I’m delighted to welcome Steve to geo,” said Patrick Caiger-Smith.
In support of its vision, geo has recently announced a strategic partnership with Schneider Electric, focused on creating a step change in how home owners can reduce their energy usage; and the company has a number of additional partnerships in the pipeline, each forming a key part of its strategy. Developing and capitalising on these partnerships, whilst extending its ability to support customers in multiple industry segments across the globe, means extending geo’s current experience and capability.
Steve Cunningham said, “geo has a unique position in the global energy market thanks to its ability to effectively access and analyse highly accurate, real-time carbon footprint, consumption and cost data and to use that data to provide actionable insights that are critical to managing the impact of climate change. I’ve known geo for a number of years and the opportunity to lead the company in its next stage of development, playing an intrinsic role in the world’s drive towards net zero, is one that I relish. I’m looking forward to working with the board, our management team and everyone at geo, along with our customers and partners to achieve this.
