Clean Technology Canada

Next Hydrogen Solutions appoints new CFO


January 3, 2022
By Canadian Manufacturing
Presented by:
CMO

MISSISSAUGA — Next Hydrogen Solutions Inc., a designer and manufacturer of hydrogen electrolyzers, announces that Kasia Malz will be joining Next Hydrogen as permanent full-time Chief Financial Officer (CFO). Previously Kasia was serving in the role on a part-time 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 Next Hydrogen, Kasia was CFO of Titanium Transportation Group Inc., where she took the company public and contributed to the firm’s growth from $40 million to $200 million in annual revenues over four years through organic growth and acquisitions. In addition to being a part of Next Hydrogen’s transition from private to publicly listed, Kasia supported multiple other companies in their private-to-public transition, financial reporting, planning and analysis systems and capabilities, and institutional-quality corporate governance. She also closed and integrated over ten acquisitions, joint ventures and strategic partnerships.

Kasia began her career as an auditor at Ernst & Young, serving clients in a wide range of industries. She holds a CPA, Chartered Accountant designation, is a licensed Certified Public Accountant in the state of Illinois and holds a Masters of Accounting and an Honours Bachelor of Mathematics from the University of Waterloo.

Next Hydrogen also announces the grant of 250,000 stock options to certain executives, in accordance with its 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 is the closing price on December 31, 2021. The options will vest over a period of four years, with a quarter vesting after each completed year.