HYZON MOTORS APPOINTS ERIK ANDERSON AS BOARD CHAIR

author: FutureCar Staff    

Hyzon Motors Inc., a global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs) and a high-power hydrogen fuel cell technology developer, has announced the appointment of Erik Anderson as the new Chairman of the Board of Directors. Anderson will assume the position on August 24, 2023, replacing George Gu, who has resigned. In addition, Andrea Farace has been elected as Vice Chairman of Hyzon's Board.

Anderson, who has been a member of Hyzon's Board of Directors since 2021, is widely recognized as a global innovation leader and investor. As the Founder and CEO of WestRiver Group, he has a wealth of experience in driving business growth, expanding organizational reach, and securing capital for growth-stage companies. Anderson has also led several Special Purpose Acquisition Companies (SPACs) in the decarbonization space and has been involved in various leadership roles in different sectors.

Expressing his excitement about the new role, Anderson stated, "I believe Hyzon is a truly exceptional company that is helping accelerate the hydrogen transition and commercialization with its proven fuel-cell technology and superior performance. I am thrilled to continue working with the entire team in this new role to help advance the company's compelling mission for the environment, the decarbonization industry, and investors alike."

Parker Meeks, Hyzon's Chief Executive Officer, expressed gratitude to George Gu for his dedication and leadership during his tenure as Chairman. Meeks also highlighted Anderson's proven experience and capabilities in driving commercialization, scaling companies, and raising capital, which will be instrumental in advancing Hyzon's goals.

Andrea Farace, the incoming Vice Chairman of the Board, brings extensive experience in finance and general business management to Hyzon. With a career spanning over 40 years, including 20 years at Citigroup, Farace has held leadership positions in various institutional businesses. He also has a strong background in corporate governance and has chaired or been a member of multiple public and private boards.

George Gu, who is leaving Hyzon to pursue other endeavors, expressed confidence in the new management team and the Board of Directors, stating, "I'm proud of Hyzon's accomplishments so far in their mission to decarbonize the transportation industry and our global climate."

Hyzon Motors is focused on integrating its high-power fuel cell technology into zero-emission heavy-duty fuel cell electric vehicles. The company aims to supply these vehicles to customers in North America, Europe, Australia, and New Zealand to reduce emissions from diesel transportation, which is one of the largest sources of global carbon emissions. Hyzon collaborates with partners across the hydrogen value chain to bring clean hydrogen to the market and support the deployment of fuel cell vehicles.

Disclaimer: This press release contains forward-looking statements that are subject to risks and uncertainties. Hyzon cautions readers that these statements are based on management's current expectations and assumptions about future events and may not be accurate in the future. The company disclaims any obligation to update these forward-looking statements.

For more information, visit www.hyzonmotors.com.

Source: Hyzon Motors Inc.

FutureCar Staff