- 1414 Degrees (14D) has appointed Dr Jordan Parham as interim CEO, effective immediately
- He will lead the company through its transition phase and remain in the interim CEO role until October, when the position will be re-assessed
- He’ll also work with 14D’s executive team and board to carry out the company’s aim of reducing energy costs and building investor confidence
- Previously, Dr Parham was Chief Operating Officer of 14D – he had been in that role since January 14, 2019
- Former Director Penelope Bettison resigned from the company late last month, amid a wider restructure of management
- 14D has ended the day 3.13 per cent in the red with shares trading for 15.5 cents each
Energy storage company 1414 Degrees (14D) has appointed Dr Jordan Parham as interim CEO, effective immediately.
The appointment comes as the company announced on July 28 it planned to shake-up its corporate and leadership teams, with former Director Penelope Bettison resigning on July 28.
The new interim CEO will lead the company through its transition phase and will remain in this role until October, when the position will be re-assessed.
Dr Parham will also work with 14D’s executive team and board to carry out the company’s aim of reducing energy costs and building investor confidence.
In particular, he will support the company’s subsidiary, SiliconAurora, to develop the Aurora Project and generate revenue.
Previously, Dr Parham was Chief Operating Officer of 14D – he had been in that role since January 14, 2019.
While in the COO position, he restructured and enhanced the technical team, and set a new development path.
Prior to joining 14D, Dr Parham was CEO of FCT-Combustion, and Manager of the Institute for Mineral and Energy Resources at the University of Adelaide.
14D has ended the day, August 11, 3.13 per cent in the red, with shares trading for 15.5 cents each in a $27.67 million market cap.