Changes to mgmt and board Energy Plug Technologies Corp (C:PLUG)
Shares Issued 60,427,780
Last Close 12/12/2023 $0.10
Tuesday December 12 2023 - News Release
An anonymous director reports
ENERGY PLUG ANNOUNCES BOARD AND MANAGEMENT CHANGES
Energy Plug Technologies Corp. has appointed Broderick Gunning as president, chief executive officer and a director of the company and Li Doyle as the vice-president of sales of the company, effective immediately.
Mr. Gunning is a technology and energy entrepreneur with over a decade of experience in helping develop start-up companies in both Asia and the Americas. Since 2019, he has specialized in new energy with exposures to electric vehicle infrastructure, EV charger manufacturing, carbon credits, carbon capture and grid-scale battery storage. Over that time, Mr. Gunning acted in senior roles, helping develop go-to-market strategies and strategic partnerships with some of the world's leading technology companies for both public and private companies.
Ms. Doyle is bringing her 25 years of energy and renewable market experience to the Houston office at Energy Plug focusing on large-scale power projects, virtual power plants and new energy projects. Ms. Doyle is currently executive board member of Women's Energy Network (Houston) with past senior positions at NRG Energy and Engie. Ms. Doyle's extensive experience in energy transition, PPAs, environmental, social and governance, and asset management provides Energy Plug a strong understanding of wholesale and retail energy markets.
Additionally, the company announces that Frederick Stearman has stepped down as president and CEO of the company, and Lindsay Vendel has stepped down as a director of the company. Mr. Stearman will remain a director of the company. The company thanks Mr. Stearman for his contribution to the company as president and CEO and Ms. Vendel for her contribution as a member of the board of directors of the company.
About Energy Plug Technologies Corp.
Energy Plug is a software company, developing technology utilizing advanced algorithms and real-time data analysis to monitor electric vehicle charging stations, as well as software development services and intelligent networking solutions for the battery energy charging system (BESS) sector.
True North Battery Storage Corp. is a wholly owned subsidiary of Energy Plug. The company consists of a team of expert advisers in the field of battery energy storage technologies and electrification sustainability sciences.