Professor Toby PetersBoard Director and Strategic Advisor
Toby co-founded both Highview Power Storage (2004) and Dearman (2011) and through them established the concept of liquid air to deliver both grid-scale electricity-to-electricity energy storage, and distributed cold and power for applications in transport and the built environment. He is one of the named inventors of Liquid Air Energy Storage.
Having moved over full-time to lead Dearman in 2013, he stepped down as CEO in December 2016. He remains on the Board and with an active advisory role looking at the longer term opportunities for the technology. In the UK, Toby is a Visiting Professor at University of Birmingham in Power and Cold Power and also at Heriot-Watt University in Transformational Innovation for Sustainability. He is a Visiting Professor at Kyushu University in Japan. He was the academic lead of the 2015 ‘Doing Cold Smarter’ Policy Commission.
Michael AyresDeputy Chief Executive, Dearman
Michael is responsible for the operational architecture to deliver Dearman’s business objectives. This sees him working on the technology’s incubation and industrialisation process whilst working closely with commercial partners, end users, supply chains and grant bodies. He was instrumental in Dearman’s first two collaborative projects winning more than £4.5 million in grant funding from Innovate UK, the UK’s innovation agency.
Michael joined Highview Power Storage in 2005 where he became Head of Development leading economic and commercial analysis, product development, and supporting commercial engagement. He then joined Toby in 2011 in setting up Dearman.
Katherine PriestleyManaging Director, Park Vale
Katherine is the Managing Director of Park Vale. She has experience throughout the US, Europe, and Asia in finance, consulting, M&A, and business operations.
Alongside work for a family investment office where Katherine was responsible for advising on asset allocation, manager selection, and risk management, Katherine has experience in managing companies, having served as Finance Director of a UK industrial company.
Katherine currently serves as a Board Director of the Pitblado Foundation, Trustee of the Krazna Krauz Foundation, a member of the Advisory Committee for the Royal Society, and has a strong working relationship with the Academy of Medical Sciences. Katherine received her B.A. Honours from Newcastle-Upon-Tyne University, UK and Kokusai Kirisutokyo Daigaku (ICU) Tokyo, Japan; and her MBA from Columbia University, US.
David RivingtonSenior Consultant, Park Vale
David is a senior consultant to Park Vale. He has over 20 years of global experience in fast moving technology businesses, including 8 years at Apple in a variety of senior management roles in Apple Europe and global headquarters in California in senior channel and supply chain design roles.
He has been a successful hands-on entrepreneur, as a co-founder of Bulldog Communications, one of the UK’s first Broadband ISPs, sold to Cable and Wireless in 2004, as well as Macropolitan Limited, a wireless wholesale broadband infrastructure provider, sold to Macquarie Wireless in 2007. In both cases he was Chief Operations Officer and led the exit transaction teams of the selling companies.
David is also a co-founder of Edifice Managed Access the UK’s largest access provider to outdoor media owners and peak power generators. More recently David was the CEO of Cellcrypt Ltd, a global market leader in the provision of military-grade voice call encryption applications. He has been a non executive director of Serinus Energy since 2010. David has worked as a researcher for Goldman Sachs and as a staff journalist intern for The Economist.
David has an MBA from the London Business School and a degree in engineering from Queens University in Kingston, Canada. He was an exchange student at IESE in Barcelona.
Gerard KransCEO & Chairman of the Board, Transmark Holdings N.V.
Since 2001, Mr. Krans has served as the CEO and chairman of the board of directors of Transmark Holdings N.V., a privately owned energy and oil services group, and Transmark Investments. From 1973 to 1995, Mr. Krans served in various positions with Royal Dutch Shell, where he gained significant upstream experience. Prior to 2001, Mr. Krans served in various positions with Royal Dutch Shell, VOPAK and Royal van Zanten. Mr. Krans received university degrees in law, econometrics and taxation. He is also a member of the board of MRC Global.
Mr. Krans has extensive experience in strategic planning and corporate oversight, including multi-national companies in the energy, chemical and oil sectors.
David SandersCommercial Director
David has over 25 years’ experience in strategy consultancy, corporate advisory and as a technology entrepreneur with a focus on energy, clean technology and telecoms. As Director of Innovation at the Carbon Trust, David worked with early stage and corporate customers on venturing, strategy and innovation delivery in the energy and resource efficiency space.
Prior to joining the Carbon Trust, David spent 12 years running businesses that provided both strategic consultancy to large corporates and also commercialisation support to early stage companies, as well as launching new ventures. David has co-founded several technology businesses in food production, composite materials, internet telephony, and mobile telephony software. He has an MBA (Finance) from Wharton and a degree in Mathematics from New College, Oxford.
Nick OwenChief Technology Officer
Nick leads Dearman’s engineering team, advancing the technology and manufacturing readiness of the engine, implementing it in diverse applications, and growing the company’s technical capability and intellectual property base.
Before joining Dearman, he led the energy consultancy E4tech’s low carbon vehicle activities, and prior to this spent 20 years working for Ricardo, latterly as Project Director, Research and Collaboration. Here he was responsible for an extensive portfolio of collaborative research embracing internal combustion engines, hybrid and electric vehicles, hydrogen and fuel cells, and traffic management for carbon efficiency.
Laura GilmoreHead of Public Affairs & Campaigns
Laura is part of the Business and Innovation Leadership Team, having been Head of the Liberal Democrat Whips’ Office, House of Lords. There she provided senior counsel to the Chief Whip and the Leader of the group of 99 peers on political, communications, and legislative matters. In 2012, Laura founded the Women in Public Affairs Network, which now has nearly 900 members across the public affairs sphere. She will now lead Dearman’s Public Affairs and Campaigns team to foster new social and political understanding of sustainable cold technologies and a joined-up cold economy. Laura is a Trustee of the climate change charity 10:10.