Published

6 December 2023

By

Jaclyn Foss

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CFP Energy appoints former senior Shell executive to accelerate business growth

New hire will help CFP Energy unlock growth potential and help customers thrive in evolving energy landscape. CFP Energy has today announced the appointment of Catherine Newman to the position of chief operating officer (COO).

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Catherine joins the business from Shell LNG Marketing & Trading (SLMT), a division of Shell Plc, where she was responsible for leading global business strategy and steering digital transformation.

Previously, Catherine held the position of CEO at clean energy tech company Limejump, which provided route-to-market access for renewable generators and optimisation of grid scale batteries. Prior to this, Catherine was COO of trading and global director of technology at Gazprom Marketing and Trading - the trading arm of Gazprom, the largest gas producer in the world.

Catherine brings over 25 years’ experience in energy trading, technology and risk management to the team.

Jonathan Navon, co-founder at CFP Energy, commented: “Catherine’s appointment further strengthens our senior management team, and her wealth of experience across trading and technology will be a vital tool in supporting the wider group as we step into our exciting next phase of growth.

"We look forward to working closely with Catherine to scale the business as we support an ever-increasing number of companies on their road to a more sustainable future."

In her new role, Catherine will spearhead the implementation and growth of CFP Energy's business strategy – as demand for its services increase amid continued energy market volatility.

"CFP Energy is truly at the forefront of the transition to a low carbon world," added Catherine. "The depth of expertise within the team and its cross-sector reach means that its potential to enact lasting change is significant.

"It's great to be a part of helping to unlock that potential, particularly as the need for renewable and sustainable corporate energy transitions has never been more urgent."

CFP Energy's 230-strong team provides net-zero solutions and sustainable energy supply to over 2,000 customers across Europe and the UK as they navigate the energy transition.

CFP Energy has achieved consolidated grossed-up sales of over £3.5bn in 2023, delivering comprehensive risk management strategies for corporate clients within the energy and sustainability spaces.

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