Anna Mascolo to join Rolls-Royce SMR Board as non-executive director
30th May 2022
Rolls-Royce SMR has today announced the appointment of Anna Mascolo as a non-executive director of its board.
She will take up this new role on 1 June 2022 and will become the first non-executive member of the Board, which is currently made up of representatives from its shareholders: Rolls-Royce Group, BNF Resources UK Ltd, Constellation Energy (formerly Exelon Generation Ltd) and the Qatar Investment Authority (QIA).
Anna, who was recently appointed Executive Vice President, Emerging Energy Solutions at Shell, has world-leading expertise and experience in the energy sector and plays a critical role in Shell’s efforts to transition to a net-zero emissions energy business.
Anna Mascolo said: “I’m looking forward to the opportunity to join the Rolls-Royce SMR Board, at such an important point in its development journey, and to using my experience and passion for collaboration to help the business deliver low-carbon, sustainable energy.”
Rolls-Royce SMR Chairman, Paul Stein, added: “Anna joins as our first independent Non-Executive Director, bringing a wealth of experience in the energy business. Her deep understanding of energy markets will combine with the expertise of our other NEDs to create a Board able to fully support the SMR Executive Team, as we drive this exciting business to ultimate success.”
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Notes to Editors:
Rolls-Royce has been a nuclear reactor plant designer since the start of the UK nuclear submarine programme in the 1950s. Rolls-Royce SMR will draw upon standard nuclear energy technology that has been used in 400 reactors around the world.
The Rolls-Royce SMR power station will have the capacity to generate 470MW of low carbon energy, equivalent to more than 150 onshore wind turbines. It will provide consistent baseload generation for at least 60 years, helping to support the roll out of renewable generation and overcome intermittency issues.