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ENERGY PLUG APPOINTS STEARMAN AS CEO AND PRESIDENT
Energy Plug Technologies Corp. has appointed Fred Stearman to the role of chief executive officer and president, effective immediately.
Mr. Stearman brings 30 years of capital markets, executive management experience, and has held leadership roles with several energy and technology companies over the years. Mr. Stearman has managed and consulted on large power and critical infrastructure projects, as well as procuring supply chain components worldwide. During his tenure at Bell Canada in the ICT (information, computer technology), Mr. Stearman developed the skill set to focus on data centres and managed services that were central to the cloud computing industry. Mr. Stearman went on to create a world-class leading cloud computing company Next Layer, and later built the Tier 3 Atlas Cloud Data Center to host visual effects applications for Vancouver's film Industry. For the last number of years, Mr. Stearman has been focused on large-scale critical energy storage with the aim of meeting the high energy demands of new technologies, household energy storage and the facilitation of remote EV (electric vehicle) charging stations.
The appointment of Mr. Stearman follows the resignation of Paul Dickson as the president and chief executive officer who will transition to chief technical officer and remain as a director of the company. Additionally, Mr. Stearman will replace Connie Hang on the board of directors for which the company would like to thank her. Ms. Hang will continue as chief financial officer for the company.
About Energy Plug Technologies Corp.
Energy Plug Technologies is a software company developing technology utilizing advanced algorithms and real-time data analysis to monitor electric vehicle (EV) charging stations as well as software development services and intelligent networking solutions for the battery energy charging systems (BESS) sector.
True North Battery Storage is a wholly owned subsidiary of Energy Plug Technologies. The company consists of a team of expert advisers in the field of battery energy storage technologies and electrification sustainability sciences.
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