Energetix Group plc, (EGX.L), a developer of alternative and efficient energy products, Wednesday said that Peter Richardson, who joined as Group Chief Executive Officer in September 2012, is stepping down from the board with immediate effect.
Tony Stiff, Group Commercial Director and Managing Director of Flow Energy, has been appointed as Group Chief Executive Officer with immediate effect.
According to the company, Stiff will provide the leadership required to drive the business forward to volume production of the Flow boiler.
Energetix said the Flow mCHP boiler has completed initial testing with home based trials now in progress. Production units will be available during 2013 and will be tested in the laboratory and in homes.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.