HYZON Motors appoints Erik Anderson as Chairman
【Summary】Hyzon Motors, a hydrogen fuel cell technology developer and supplier of zero-emission heavy-duty vehicles, has announced that Erik Anderson will become the Chairman of the Board of Directors, replacing George Gu. Anderson is known for his experience in driving business growth and raising capital for growth-stage companies. Andrea Farace has also been elected as Vice Chairman of the Board. Hyzon aims to accelerate the hydrogen transition and commercialization with its fuel-cell technology.
Hyzon Motors Inc., a leading hydrogen fuel cell technology developer and 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 the position. Additionally, Andrea Farace has been elected as Vice Chairman of Hyzon's Board.
Erik Anderson, incoming Chairman of Hyzon's Board of Directors, expressed his excitement about working with the team to advance the company's mission for the environment, decarbonization, and investors. Anderson is a global innovation leader and investor, with extensive experience in driving business growth and securing capital for growth-stage companies. He has led multiple Special Purpose Acquisition Companies (SPACs) in the decarbonization space and has received numerous accolades for his entrepreneurial achievements.
Parker Meeks, Hyzon's Chief Executive Officer, thanked George Gu for his dedication and leadership as Chairman and expressed confidence in Anderson's ability to drive commercialization, scale the company, and raise capital. Meeks highlighted the company's focus on streamlining core business units, enhancing fuel-cell technology, and advancing commercialization.
Andrea Farace, the incoming Vice Chairman of the Board, brings a wealth of experience in finance and general business management. He has held executive positions at Citigroup and has chaired or been a member of multiple public and private boards. Farace's global perspective will be valuable to Hyzon as the company expands its operations.
George Gu, who is leaving Hyzon to pursue other endeavors, expressed optimism for the company's future and confidence in the new management team and Board of Directors.
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 these vehicles to customers worldwide to reduce emissions from diesel transportation. Hyzon collaborates with partners across the hydrogen value chain to bring clean hydrogen to the market and contribute to the adoption of fuel cell electric vehicles.
Disclaimer: This press release contains forward-looking statements, and Hyzon cautions that these statements are subject to risks and uncertainties. The company disclaims any duty to update these statements and advises readers to refer to the relevant risk factors outlined in its filings with the U.S. Securities and Exchange Commission.
For more information, please visit www.hyzonmotors.com.
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