Ballard Appoints New Chief Financial Officer
03 April 2009 - 7:00AM
PR Newswire (US)
VANCOUVER, April 2 /PRNewswire-FirstCall/ -- Ballard Power Systems
(TSX: BLD; NASDAQ: BLDP) today announced that Bruce Cousins has
been appointed Vice President and Chief Financial Officer of
Ballard, effective April 6, 2009. "We are very pleased to have
Bruce join us as Chief Financial Officer," said John Sheridan,
President and CEO of Ballard. "Bruce brings a great deal of
experience to the table, and has proven history moving a company
from early stage development through to a highly profitable
business. With Bruce's financial depth, both with a global
operations company and with specialized technology companies, he
has the ideal background to be Ballard's Chief Financial Officer."
"I am looking forward to joining Ballard at this very important
time, when the company is so focused on achieving profitability,"
said Mr. Cousins. "The prospects for Ballard are very exciting, and
I am especially pleased to join the company that is so well known
for starting the fuel cell industry, and is now the producer of
world leading commercial fuel cell products." Bruce Cousins
previously served as CFO for Xantrex Technology Inc. and prior to
Xantrex, was Executive Vice President and CFO for Aspreva
Pharmaceuticals Corporation. During his tenure at Xantrex and
Aspreva, Bruce was responsible for all aspects of the finance and
administration function, along with leading initial public
offerings and major dispositions and financings. Prior to joining
Aspreva, Bruce spent 13 years at Johnson & Johnson Corporation
in various senior positions. Bruce began his career with Deloitte
& Touche LLP and is a Chartered Accountant. About Ballard Power
Systems Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) is
recognized as a world leader in the design, development,
manufacture and sale of clean energy fuel cell products. Ballard's
mission is to accelerate fuel cell product adoption. To learn more
about what Ballard is doing with Power to Change the World(R),
visit http://www.ballard.com/. Ballard, the Ballard logo and Power
to Change the World are registered trademarks of Ballard Power
Systems Inc. DATASOURCE: Ballard Power Systems Inc. CONTACT: or to
arrange an interview with a Ballard spokesperson, please contact
Amy Harada Bradley at telephone number (604) 412-7913 or on e-mail
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