VANCOUVER, BC, Aug. 5, 2021 /PRNewswire/ - Ballard Power Systems
(NASDAQ: BLDP) (TSX: BLDP) today announced that, effective
August 5, 2021, the Company has
appointed Mr. Hubertus Muehlhaeuser to the Company's Board of
Directors.
Mr. Jim Roche, Chairman of
Ballard's Board of Directors said, "We continue to ensure a strong
matrix of diverse and complementary skills and experiences on our
Board. Hubertus brings a strong background in industrial
manufacturing, including commercial vehicles, construction
machinery, agricultural machinery, and powertrain
technologies. His distinguished career has included executing
organic and inorganic growth strategies in executive roles with
industrial and manufacturing businesses in Europe, the US, and other markets. We are
pleased to have Hubertus join our Board table, where his insights
and counsel will support continued advancement of Ballard's growth
strategy in Europe and around the
globe."
Mr. Muehlhaeuser noted, "I am excited to join the Ballard Board
of Directors as the company prepares for expected growth in the
adoption of zero-emission hydrogen fuel cells for heavy-duty
mobility applications. I look forward to supporting the company's
ambitious scaling plans in Europe
and globally to drive long-term shareholder value."
Mr. Muehlhaeuser is currently Chairman & Chief Executive
Officer of Pontem Corporation (NYSE: PNTM), a publicly traded
special purpose acquisition company with a focus on industrial
technology businesses, and is also Chairman of Kelvion Ltd., a
global leader in the heat exchanger industry. Throughout his career
Mr. Muehlhaeuser has held executive positions in private and public
industrial companies of various sizes in Europe, the US and Asia. His most recent and relevant executive
roles include: Chief Executive Officer and Executive Director of
CNH Industrial (NYSE: CNHI), a global leader in the capital goods
sector with prestigious brands, including agricultural and
construction machinery (Case, New Holland & Steyr), commercial
and specialty vehicles (Iveco and Magirus), and powertrain
technologies (FPT). He was also President and Chief Executive
Officer of Welbit Inc. (NYSE: WBT), a global foodservice equipment
manufacturer, that he successfully led through the spin-off from
The Manitowoc Company (NYSE: MTW). He was also Senior Vice
President and General Manager Europe, Middle
East, and Africa of AGCO
Corporation (NYSE: AGCO), a global manufacturer of agricultural
equipment.
Mr. Muehlhaeuser started his career with Arthur D. Little Ltd., a
global management consulting firm. Mr. Muehlhaeuser holds an MBA
degree from the European Business
School.
About Ballard Power Systems
Ballard Power Systems'
(NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for
a sustainable planet. Ballard zero-emission PEM fuel cells are
enabling electrification of mobility, including buses, commercial
trucks, trains, marine vessels, passenger cars and forklift trucks.
To learn more about Ballard, please visit www.ballard.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ballard-appoints-new-board-member-301350026.html
SOURCE Ballard Power Systems Inc.