EnerSys Promotes Mark Matthews to President, Specialty Global
02 April 2024 - 7:15AM
Business Wire
EnerSys (NYSE: ENS), the global leader in stored energy
solutions for industrial applications, today announced the
promotion of Mark Matthews to the role of President, Specialty
Global. Since joining EnerSys in 2016, Mark has held roles of
increasing responsibility, most recently as Senior Vice President,
Specialty Global.
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Meet Mark Matthews, President, Specialty
Global. "Since joining the Company, Mark has delivered outstanding
results, driving innovation in energy storage and lithium battery
technology, and is a trusted leader within the organization and
with our customers and other stakeholders." - David M. Shaffer, CEO
(Photo: Business Wire)
Over the past seven and a half years, Mark has leveraged his
unique lithium battery development expertise, exceptional
leadership skills, and deep industry and government relationships
to accelerate EnerSys’s growth initiatives in the transportation,
aerospace, and defense markets, as well as the Company’s lithium
production roadmap. Mark is spearheading the Company’s development
plans for a 4GWh lithium-ion cell factory, and recently secured a
comprehensive incentive package through South Carolina and
Greenville County valued at approximately $200 million, which
includes a combination of short-term and long-term incentives. He
is also leading EnerSys’s efforts to secure additional project
funding from the U.S. Department of Energy.
“I am pleased to promote Mark into the role of President,
Specialty Global,” said EnerSys President & CEO David M.
Shaffer. “Since joining the Company, Mark has delivered outstanding
results, driving innovation in energy storage and lithium battery
technology, and is a trusted leader within the organization and
with our customers and other stakeholders. I am confident that his
visionary leadership and ability to execute will continue to
accelerate EnerSys’s position as a critical enabler of energy
transition.”
Reflecting on his promotion, Mark commented, “Having worked in
lithium batteries for 29 years, this is the most exciting time for
battery growth, and we must take advantage of this inflection point
in the global transition to increased electrification. I am humbled
and excited to continue leading the global Specialty business at
EnerSys. I am committed to driving innovation, fostering
collaboration, and delivering exceptional results that will help
our customers solve their most challenging needs for power and
propel EnerSys to new heights of success.”
Mark’s career journey consists of extraordinary achievements and
contributions in the energy storage and lithium battery technology
industry, including designing a patented battery powered energy
distribution system. Prior to joining EnerSys, Mark held a variety
of management positions including CEO, President, General Manager,
and leadership roles in Quality Management, Product Management,
Global Sales, Engineering, and Research and Development. His prior
work includes developing a groundbreaking technology that
integrates renewable energy generation with energy storage and
power distribution to reduce demand charges and utility costs. His
other innovative designs facilitated the U.S. Army's conversion
from Li-SO2 to Li-MnO2 technology, delivering 50% higher energy
density at half the battery weight.
Mr. Matthews earned a Bachelor of Science Degree in Engineering
Management with an emphasis in Chemical Engineering from Missouri
University of Science and Technology.
About EnerSys
EnerSys is the global leader in stored energy solutions for
industrial applications and designs, manufactures, and distributes
energy systems solutions and motive power batteries, specialty
batteries, battery chargers, power equipment, battery accessories
and outdoor equipment enclosure solutions to customers worldwide.
The company goes to market through four lines of business: Energy
Systems, Motive Power, Specialty and New Ventures. Energy Systems,
which combine power conversion, power distribution, energy storage,
and enclosures, are used in the telecommunication, broadband and
utility industries, uninterruptible power supplies, and numerous
applications requiring stored energy solutions. Motive power
batteries and chargers are utilized in electric forklift trucks and
other industrial electric powered vehicles. Specialty batteries are
used in aerospace and defense applications, large over-the-road
trucks, premium automotive, medical and security systems
applications. New Ventures provides energy storage and management
systems for various applications including demand charge reduction,
utility back-up power, and dynamic fast charging for electric
vehicles. EnerSys also provides aftermarket and customer support
services to its customers in over 100 countries through its sales
and manufacturing locations around the world. To learn more about
EnerSys please visit https://www.enersys.com/en/
Sustainability
Sustainability at EnerSys is about more than just the benefits
and impacts of our products. Our commitment to sustainability
encompasses many important environmental, social and governance
issues. Sustainability is a fundamental part of how we manage our
own operations. Minimizing our environmental footprint is a
priority. Sustainability is our commitment to our employees, our
customers and the communities we serve. Our products facilitate
positive environmental, social and economic impacts around the
world. To learn more visit:
www.enersys.com/en/about-us/sustainability.
Caution Concerning Forward-Looking Statements
EnerSys is making this statement in order to satisfy the “Safe
Harbor” provision contained in the Private Securities Litigation
Reform Act of 1995. Any of the statements contained in this press
release that are not statements of historical fact may include
forward-looking statements that involve a number of risks and
uncertainties. A forward-looking statement predicts, projects, or
uses future events as expectations or possibilities.
Forward-looking statements may be based on expectations concerning
future events, including statements relating to development of a
4GWh lithium-ion cell factory and funding from the U.S. Department
of Energy, and are subject to risks and uncertainties relating to
operations, the economic environment and satisfying certain
conditions, all of which are difficult to predict and many of which
are beyond our control. For a discussion of such risks and
uncertainties that could cause actual results to differ materially
from those matters expressed in or implied by forward-looking
statements, please see our risk factors as disclosed in the “Risk
Factors” section of our annual report on Form 10-K for fiscal year
ended March 31, 2023. The statements in this press release are made
as of the date of this press release, even if subsequently made
available by EnerSys on its website or otherwise. EnerSys does not
undertake any obligation to update or revise these statements to
reflect events or circumstances occurring after the date of this
press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240401087266/en/
Lisa Hartman Vice President, Investor Relations and Corporate
Communications EnerSys 610-236-4040 E-mail:
investorrelations@enersys.com
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