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Former CEO of Tata Steel and ThyssenKrupp businesses brings deep executive operational
expertise and relationships across steel, automotive, and industrial innovation.
HOUSTON, TX – May 6, 2025 – Utility, a global innovator at the intersection of industry
and technology, today announced the appointment of Dr. Henrik Adam as Advisor to the
Board of Directors. Dr. Adam has more than 25 years of global executive leadership
experience, particularly in the steel and automotive sectors.
Dr. Adam currently serves as Executive Chairman of Tata Steel Netherlands Holding
BV and holds influential leadership positions as President of EUROFER, the European
Steel Association, and Chairman of the Steel Institute VDEh in Germany. His deep
industry insight and relationships, strategic leadership, and international perspective will
support Utility’s mission to shape the future of sustainable industrial innovation.
“Dr. Adam’s global expertise, cross-sector experience, and track record of
transformational leadership make him an exceptional addition as a close Advisor to the
Board,” said Parker Meeks, President & CEO of Utility. “As we continue to scale impact
across industries, starting in steel, his guidance will be invaluable in navigating global
challenges and unlocking new opportunities.”
During his career, Dr. Adam has held CEO roles within both Tata Steel and
ThyssenKrupp, leading large and complex operations. His areas of responsibility have
included production, research & development, sales, supply chain, and strategic
planning. In addition to his industrial credentials, Dr. Adam brings entrepreneurial insight
through his involvement with technology start-ups and board-level experience across
Europe, the Americas, and Asia.
He holds a degree in mechanical engineering with a specialization in automotive
technology and mobility.
“I’m honored to join Utility as Advisor to the Board at such a pivotal time for industrial
transformation,” said Dr. Adam. “Utility’s vision aligns strongly with the challenges and
opportunities facing industry today, from economic decarbonization to digitalization, and
I look forward to contributing to its next chapter of growth.”
About the Companies
Utility Global
Recently ranked #59 in TIME’s “World’s Top Greentech Companies of 2025”, Utility Global, the U.S.-based clean hydrogen leader, pioneers hydrogen solutions that power the economic energy transition for hard-to-abate industries such as steel, mobility, upstream oil & gas, refining, and chemicals. Our breakthrough H2Gen® technology harnesses energy from diluted, low-value industrial off-gases and various biogases to produce high-purity, low-to-negative carbon intensity hydrogen from water—without electricity. H2Gen systems are operationally flexible and integrate seamlessly into existing infrastructure, enabling practical, cost-effective decarbonization.
H2Gen also produces a high-concentration CO₂ stream, simplifying and reducing the cost of carbon capture. Designed to be modular, scalable, and with the smallest footprint, H2Gen empowers customers to convert low-value inputs into high-value clean energy, fuels, or feedstocks. This helps industrial clients meet both business and sustainability goals on their energy transition journey.
Utility is a portfolio company of Ara Partners, a private equity firm specializing in industrial decarbonization investments. For more information on Utility’s solutions and services details, visit www.utilityglobal.com.
Hanwha Group
Hanwha Group, which includes the Hanwha Corporation E&C Division, is one of South Korea’s top seven conglomerates, with innovative businesses spanning aerospace and defense, clean energy and ocean solutions, finance, retail, and services.
A Fortune Global 500 company, Hanwha delivers transformative solutions that foster sustainable growth across industries and communities, leveraging its robust global network and synergies.
In 2024, Hanwha was named one of TIME’s “100 Most Influential Companies” in the world. With a strong foundation in key industries, Hanwha is improving lives through technology, products, and services, and is driving bold innovation based on a firm commitment to sustainability—for people, society, and the planet.
For more information, visit: www.hanwha.com
Media Contact:
Susan Cellura
Director of Marketing & Communications | Utility | (832) 474-8571
