Next Hydrogen, a designer and manufacturer of hydrogen electrolyzers, announced the appointment of Kasia Malz as Chief Financial Officer. Kasia previously held the position on a contract basis.
“Kasia is an invaluable member of the Next Hydrogen team and we’re extremely pleased that she will be assuming the role of CFO on a permanent full-time basis,” said Raveel Afzaal, President and CEO of Next Hydrogen. “Kasia’s many contributions over the last year include completing two financings as well as a M&A transaction, taking Next Hydrogen public and developing strong internal controls, implementing an ERP system and supporting the growth of our organization to 50 employees. This competitively positions us to play our part in decarbonizing large segments of the economy using green hydrogen.”
Prior to joining Next Hydrogen, Kasia served as Chief Financial Officer of Titanium Transportation Group Inc., where she helped take the company public and helped it grow from $40 million to $200 million in annual sales in four years through organic growth and acquisitions. Apart from assisting Next Hydrogen with its transition from private to public status, Kasia assisted numerous other firms with their private to public transitions, robust financial reporting, planning and analytical tools and capabilities, and institutional-quality corporate governance. Additionally, she oversaw the completion and integration of over ten acquisitions, joint ventures, and strategic alliances.
Kasia began her work with Ernst & Young as an auditor, representing clients in a variety of industries. She possesses the CPA, Chartered Accountant credential, is a certified Certified Public Accountant in the state of Illinois, and graduated from the University of Waterloo with a Master of Accounting and an Honours Bachelor of Mathematics.
Additionally, Next Hydrogen is pleased to announce the grant of 250,000 stock options to certain executives under the terms of the company’s stock option plan. Each stock option is exercisable for one common share of the Company at an exercise price of $3.44 per share, which corresponds to the Company’s December 31, 2021 closing price. The options will vest over a four-year period, with a quarter vesting following the completion of each year.
