Stephen Fitzpatrick

Stephen Fitzpatrick

Founder & CEO (from 2026)

London, GB

Profile Verified by The Marque

Last Updated: 22 Sep 2026

In Their Own Right

Biography

Stephen Fitzpatrick is a British entrepreneur who believes that technology, ingenuity and focus can solve humanity’s greatest challenge - the climate crisis. For the past 15 years, Stephen’s businesses have been powering progress in the decarbonisation of two of the world’s most polluting sectors – energy and transport.

In 2009, Stephen Fitzpatrick began OVO Energy with a vision of building a different kind of energy company - one that would help consumers find a cheaper, greener and simpler way to power their homes. Today 4 million households in the UK rely on OVO for energy. Stephen also founded Kaluza in 2019, a world-leading energy software company empowering utilities to simplify their operations, reinvent the customer experience and innovate low-carbon solutions to accelerate the energy transition.

Following the success of OVO and Kaluza, Stephen Fitzpatrick turned his attention to the challenge of decarbonising air travel. In 2015 he founded Bristol-based Vertical Aerospace. Partnering with Rolls Royce, Honeywell, GKN and Microsoft, Vertical is building the world's most advanced all electric air taxi.

The Record

Background

  • 2016 — Present

    Founder

    Vertical Aerospace

    Vertical Aerospace uses technology from the aviation, energy, and automotive industries to decarbonise air transport. It conceptualises and builds vertical take-off, electrically-powered aircraft.

  • 2009 — Present

    Founder

    OVO Energy

    The objective of the OVO Group is to accelerate progress toward net zero carbon living. The companies under its umbrella are united by a common goal: to power human progress with clean, affordable energy for all.

  • 2019 — Present

    Founder & CEO (from 2026)

    Kaluza

    Kaluza is a prominent manufacturer of renewable energy semiconductors and an intelligent energy platform that will power the future of energy. Stephen Fitzpatrick assumed the role of CEO in March 2026.

  • 2018 — Present

    Co-Founder

    Just3Things

    Just3Things is a remote working programme designed to assist businesses of all sizes in setting priorities and aligning teams in a transparent manner.

  • 2003 — 2006

    Vice President

    Société Générale

    Société Générale is a Paris-based international investment bank and financial services business. It provides retail, private, investment and corporate banking, as well as insurance and investment management services.

  • 2006 — 2008

    Vice President

    J.P. Morgan

    J.P. Morgan is a financial services company that provides customers with solutions spanning the entire asset class range. Its network of global investment specialists guide some of the world's most important institutions, companies and governments.

In The News

Newsfeed

  • 25 February 2026 · The Independent

    Can this gang of entrepreneurs really lift Britain out of its doom loop?

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  • 24 February 2026 · City AM

    Entrepreneurs offer a plan to pull Britain out of the doom loop

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  • 8 February 2026 · The Sunday Times

    Ovo founder: ‘Britain’s great at starting firms, not building them’

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  • 24 September 2025 · Bloomberg

    UK Energy Tech Firm Doubles Its Customer Base with Engie Deal

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  • 24 October 2024 · The Independent

    Stephen Fitzpatrick ranked #1 in E2E 100’s list of the top dynamic business leaders in the UK

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  • 2 May 2024

    Vertical Appoints New CEO To Bring eVTOL Aircraft to Market

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  • 20 February 2024 · Financial Times

    Vertical Wins New UK Government Backing to Transform the Future of Flight

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  • 9 November 2023 · Businesswire

    Vertical Aerospace Announces Third Quarter 2023 Financial Results

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  • 27 September 2023 · The Times

    Flying electric taxis are hailed as the future

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  • 31 August 2023

    Vertical Aerospace details failure sequence that preceded VX4 crash

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  • 31 March 2023 · The Times

    Vertical has lift-off with CAA approval

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  • 27 September 2022 · Robb Report

    A UK Aviation Start-Up Just Completed Its First eVTOL Flight

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  • 1 September 2022 · BBC

    Ovo Energy chief puts forward plan to avoid household bill crisis

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  • 1 September 2022 · The Telegraph

    We must bail out households or squander another chance to fight the energy crisis

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  • 18 July 2022 · The Times

    Babcock looks for greener alternative to helicopters

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  • 16 July 2022 · The Times

    Farnborough could be hailed as the start of the sky taxi

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  • 16 July 2022 · The Telegraph

    Why flying cars are a lot closer than you think

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  • 4 April 2022 · Simple Flying

    Vertical Aerospace Has Sold 1,350 eVTOL Flying Taxis To Date

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  • 22 March 2022 · The Irish Times

    Avolon agrees deal with Air Greenland for fleet of zero-emission aircraft

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  • 27 December 2021 · The Times

    We’re sleepwalking towards the great energy crisis of 2022

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  • 18 December 2021 · The Times

    Vertical Aerospace lists on New York Stock Exchange

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  • 31 October 2021 · The Times

    Ovo’s Stephen Fitzpatrick on why the energy market is broken

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Areas Of Focus

Expertise

  • Renewable Energy
  • Energy & Natural Resources
  • Business Development
  • Aviation
  • Social Investment
  • Utilities