Ângelo Ramalho, CEO of Efacec Power Solutions (EPS) for the last 9 years, will cease his role on July 31st.

With a degree in Mechanical Engineering from the Faculty of Engineering of the University of Porto (FEUP), and executive training from AESE Business School and INSEAD, Ângelo Ramalho has a solid professional background in the energy and mobility sectors. He worked for companies such as Shell, Gás de Portugal, Galp Energia and Alstom in B2B (business to business) and B2C (business to consumer) businesses, where he had leadership roles in the areas of distribution, design, development of technologies, products, and solutions.

In October 2015, he began his term as CEO of Efacec, having ensured the leadership and continuity of the company in three particularly distinct phases and with three different shareholders.

Under his leadership, Efacec faced and overcame one of the biggest challenges in its 75-year history, due to the impacts resulting from the shareholder crisis. In a period of greatest difficulty and complexity, Ângelo ensured that the company preserved its skills, remaining attractive to investors of well-known relevance, maintaining social peace despite the media environment.

During his 9 years in office, Efacec reoriented its business towards higher value segments and more developed and lower risk markets, promoting a culture of efficiency and sustainability. At the same time, it continued to innovate, being publicly recognized for this, through the development of its portfolio of technologies and products.

“Ângelo Ramalho vision and leadership at the helm of Efacec destiny were fundamental in keeping the company alive in some of its most challenging moments, allowing it to have a promising future. His support throughout the transition process, which we are concluding, was equally fundamental to its success now that we are starting to see positive operational results.” Christian Klingler, Chairman EPS.

“It was a privilege to serve at Efacec. It was a path with numerous challenges, including a period of great uncertainty and turbulence, which we managed to overcome together. And with that we became stronger. With the new shareholder, we created the necessary conditions for the company’s future. Now is a different time, of new stimuli and new challenges for Efacec and for me.” Ângelo Ramalho, CEO EPS.

Christian Klingler will temporarily hold the role of CEO, whilst continuing as Chairman of the Efacec Group.

On behalf of the entire organization, the Efacec Board of Directors deeply thanks Ângelo Ramalho for the commitment, competence, determination, and leadership capacity demonstrated throughout his time at the company, wishing him the greatest success in his personal and professional future.