Wakelin resigns from Atlantis board

Atlantis said that its non-executive director and chair of the Audit Committee Ian Wakelin has resigned from its board.

Namely, Wakelin has accepted the role of chairman of Viridor Group, a British waste company.

He will leave in October but in the interim assist the transition of the Audit Committee to a new chair.

Atlantis said it has begun the search for a suitable replacement and a further announcement should come in due course.

Ian Wakelin, non-executive director and chair of the Audit Committee said:

“I have thoroughly enjoyed my time working with the talented team at Atlantis on the groundbreaking Uskmouth project and the rest of their exciting portfolio under development.

“I am stepping down to prevent any future conflicts of interest given my new role at Viridor.

“However, I look forward to monitoring progress closely and to watching the company flourish.”

John Neill, chairman of Simec Atlantis, also stated:

“I am delighted for Ian on his appointment as Chairman for the Viridor Group and on behalf of the Atlantis Board, wish him well.

“I would like to thank him for his service, contributions and leadership over the past two years.

Additionally, Neill believes that Wakelin “has been invaluable in providing guidance to management and fellow board members and has put Atlantis in a very strong position to successfully complete the conversion of its flagship project, Uskmouth and to continue to pioneer and deliver sustainable energy projects across the globe.”