board of directors, management and advisors
Claudio Morandi, Director
In 2008, he established Valreco AG, based in Zug, Switzerland, a financial services and investment company specialising in direct investments in public and private corporations, corporate finance, restructuring and mergers and acquisitions. As the founder and Managing Director of Valreco, he has been involved in a number of notable transactions, including the restructuring of one of Europe’s largest hedge funds and the reorganisation of distressed investments for a private German corporation in the biodiesel industry.
Previously, as an Investment Manager of Mercer International Inc., he was instrumental in the acquisition of a number of German industrial companies. During his tenure with Mercer, the company’s net assets grew by acquisitions and restructurings fivefold. Subsequently, as the Senior Vice President of Investment Banking at MFC Bancorp, a successor company to Mercer, he initiated and co-managed several transactions including the acquisition and integration of Bank Rinderknecht AG.
Claudio has graduated as Certified Banker & Merchant at the KV Business School of Zurich, Switzerland in 1982. After having passed basic military services, he gained his Diplomas in National and Business Economics in Zurich. He is fluent in German, English and French and speaks some Italian. Claudio is a resident of Winterthur, Switzerland.
Adam C. Park, Director
Most recently, Adam served as a Non-Executive Director for AMTE Power plc, where he
provided essential commercial stability and governance oversight during the company’s
transition to the public markets. His experience across Audit and Remuneration Committees has given him a sophisticated understanding of the transparency and risk management standards required of a London-listed entity. This is underpinned by a decade as COO for Renaissance Capital Partners, where he managed diverse VC portfolios and established the financial frameworks necessary for scalable growth.
A dual US/UK citizen, Adam brings a global perspective to his work, having held senior roles
with HSBC Securities in Chicago and Singapore. He holds an MBA from Ashridge Management College and a BA in Political Science and Economics from Drake University.
Adam’s background is uniquely suited to deliver strategic value to Pineapple Power. His firsthand experience in PLC governance and investor relations ensures he can provide the rigorous oversight essential for the company’s expansion. By applying his expertise in operational risk management and investment evaluation, Adam will act as a disciplined steward of shareholder value, offering the board a rare combination of strategic vision and pragmatic, public-market experience.
formation criteria
It has been the Board of Directors’ experience that many corporations appreciate the velocity with which a listing on a stock market may be achieved through a reverse takeover of an original, clean, cash rich shell versus a fresh application to list their company or through a merger with an older company, which may have historic operating problems and tenacious existing Board members.
Pineapple Power Corporation has been formulated with a clear vision of the processes involved in an envisaged RTO. Due to the extensive experience of the Board of Directors and Advisors assembled for the purpose, the Company expects that this vision will result in a successful transaction occurring in the shortest possible space of time. This might result in an increase in asset value expected through the acquisition of an operating company generating revenues or holding significant assets.