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HYZON MOTORS APPOINTS ERIK ANDERSON AS BOARD CHAIR

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【Summary】Hyzon Motors, a hydrogen fuel cell technology developer and supplier of zero-emission heavy-duty electric vehicles, has announced that Erik Anderson will become the Chairman of the Board of Directors, replacing George Gu. Anderson is known as a global innovation leader and investor with experience in propelling business growth and securing capital for growth-stage companies. Andrea Farace has also been elected as Vice Chairman of the Board.

FutureCar Staff    Aug 25, 2023 4:55 PM PT
HYZON MOTORS APPOINTS ERIK ANDERSON AS BOARD CHAIR

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 replaces George Gu, who resigned his position. Andrea Farace has also been elected as Vice Chairman of Hyzon's Board.

Anderson, who has been a member of Hyzon's Board of Directors since 2021, is recognized as a global innovation leader and investor. As the Founder and CEO of WestRiver Group, Anderson has extensive experience in driving business growth, expanding organizational reach, and securing capital for growth-stage companies. He has led several Special Purpose Acquisition Companies (SPACs) in the decarbonization space and holds leadership positions in other companies as well.

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 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 as the outgoing Chairman. Meeks also highlighted Anderson's experience and capabilities in driving commercialization, scaling companies, and raising capital, which will be valuable in advancing Hyzon's goals.

Andrea Farace, the incoming Vice Chairman of the Board, brings over 40 years of experience in finance and general business management. He has held executive positions at Citigroup and has served on multiple public and private boards, including regulated businesses. Farace's global perspective and extensive background in corporate governance will contribute to Hyzon's growth.

George Gu, who is leaving Hyzon to pursue other endeavors, expressed optimism for the company's future and confidence in the strength of the new management team and Board of Directors.

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 worldwide and mitigate emissions from diesel transportation. Hyzon collaborates with partners across the hydrogen value chain to bring clean hydrogen to the market and supports fuel cell vehicle deployments.

This press release contains forward-looking statements, and Hyzon cautions that these statements are subject to numerous risks and uncertainties. The company disclaims any duty to update the statements to reflect events or circumstances after the date of the press release.

For more information, please visit www.hyzonmotors.com.

Original content can be found here.

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