HYZON MOTORS APPOINTS ERIC ANDERSON AS BOARD CHAIR

author: FutureCar Staff    

Hyzon Motors Inc., a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), has announced the election of Erik Anderson as Chairman of the Board of Directors, effective August 24, 2023. Anderson will replace George Gu, who has resigned from his position. Additionally, Andrea Farace has been elected as Vice Chairman of Hyzon's Board. Anderson expressed his excitement about working with the team to advance the company's mission for the environment and decarbonization.

Anderson brings extensive experience as a global innovation leader and investor. As the Founder and CEO of WestRiver Group, he has successfully driven business growth and secured capital for growth-stage companies. Anderson has also led several Special Purpose Acquisition Companies (SPACs) in the decarbonization space. He currently serves as Vice Chairman of Topgolf Callaway Brands and Executive Chairman of Singularity Group. Anderson's accolades include the EY Entrepreneur of the Year Award and being named one of the Top 100 Most Intriguing Entrepreneurs by Goldman Sachs.

Parker Meeks, Hyzon's Chief Executive Officer, expressed gratitude to George Gu for his dedication and leadership as Chairman. Meeks believes that Anderson's experience and capabilities will be instrumental in driving commercialization, scaling companies, and raising capital. The company aims to streamline its core business units, enhance its fuel-cell technology, and continue its ongoing commercialization efforts.

Andrea Farace, the incoming Vice Chairman of the Board, brings over 40 years of experience in finance and general business management. He has held leadership positions at Citigroup and chaired or been a member of multiple public and private boards. Farace's global perspective will contribute to Hyzon's growth and success.

George Gu, who is leaving Hyzon to pursue other endeavors, expressed confidence in the new management team and Board of Directors. He is proud of Hyzon's accomplishments in decarbonizing the transportation industry and believes in the company's future.

Hyzon Motors is a global supplier of high-power fuel cell technology, focused on integrating its solutions into zero-emission heavy-duty fuel cell electric vehicles. The company aims to supply zero-emission heavy-duty trucks to customers worldwide and collaborate with partners to bring clean hydrogen to the market. Hyzon's technology advantage, fuel cell performance, and history of innovation contribute to the adoption of fuel cell electric vehicles.

This press release contains forward-looking statements, based on management's current expectations and assumptions about future events. Hyzon cautions that these statements are subject to numerous risks and uncertainties, and the company disclaims any duty to update them. Interested parties can find more information about the risks and uncertainties in Hyzon's filings with the U.S. Securities and Exchange Commission.

Source: Hyzon Motors Inc.

FutureCar Staff