In the latest news from Plug Power Inc. (NASDAQ: PLUG), the company has appointed Colin Angle, the former CEO of iRobot, to its Board of Directors. This addition comes at a crucial time for the company and the broader hydrogen industry as it continues to push the boundaries of what's possible in the clean energy sector.
Colin Angle, recognized for his pioneering work at iRobot, will bring decades of extensive experience in technology innovation, robotics, and strategic leadership to Plug Power’s Board. Under his leadership, iRobot grew from a small MIT startup to a global publicly traded leader in consumer robotics, with millions of units sold worldwide.
Andy Marsh, CEO of Plug Power, has expressed his excitement in welcoming Colin Angle to the Board, stating that his visionary leadership and deep understanding of technology and innovation will be invaluable as the company continues to advance its mission of building the hydrogen economy and expanding its global footprint.
The Chairman of Plug Power, George McNamee, also commented on Colin Angle's track record of transforming cutting-edge technology into successful global products, mentioning that his experience will provide essential guidance as the company continues to focus on sustainability, revenue growth, and profitability.
Colin Angle himself expressed his excitement in joining Plug Power’s Board at such a pivotal time for the company and the broader hydrogen industry, citing his long admiration for Plug Power’s commitment to innovation and its leadership in the clean energy space.
This strategic addition further strengthens Plug Power’s Board of Directors, with each member bringing a wealth of experience and expertise in areas critical to the company’s success. It reflects Plug Power’s ongoing commitment to strengthening its leadership team as it continues to accelerate the adoption of hydrogen and fuel cell solutions worldwide.
Plug Power Inc. is a global leader in comprehensive hydrogen solutions for the green hydrogen economy. The company is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. Plug Power has deployed more than 69,000 fuel cell systems and over 250 fueling stations, making it the largest buyer of liquid hydrogen.
With plans to operate a green hydrogen highway across North America and Europe, Plug Power has built a state-of-the-art Gigafactory to produce electrolyzers and fuel cells and is developing multiple green hydrogen production plants for commercial operation. The company delivers its green hydrogen solutions directly to its customers and through joint venture partners into multiple environments, including material handling, e-mobility, power generation, and industrial applications.
As a result of these announcements, the company's shares have moved 3.3% on the market, and are now trading at a price of $2.2. If you want to know more, read the company's complete 8-K report here.
