Ballard Power Systems Announces New CEO to Lead Transition into Future
Key Ideas
- Marty Neese is appointed as the new president and CEO of Ballard Power Systems Inc., succeeding Randy MacEwen who led the company for 11 years.
- The decision for new leadership comes amidst changing industry trends and a focus on reducing product costs to drive innovation and growth.
- Neese, who previously served on Ballard's board of directors and led a company focused on hydrogen electrolysis systems, is set to guide Ballard into the future.
- The transition is expected to bring fresh perspectives and strategies to enhance Ballard's position in developing hydrogen fuel cells for transportation and stationary power.
Ballard Power Systems Inc., based in Burnaby, Canada, has announced the appointment of Marty Neese as the new president and CEO, succeeding Randy MacEwen. MacEwen steps down after 11 years of leading the company. Ballard is a cleantech firm specializing in the development and manufacturing of hydrogen fuel cells used in transportation and stationary power systems. The decision for new leadership comes at a time of evolving industry trends and a strategic focus on reducing product costs. MacEwen stated that this transition represents the right timing for a new leader to steer Ballard into the future. Marty Neese, who has been on Ballard's board of directors for the past decade and has experience as the CEO of Verdagy Inc., a company that manufactures hydrogen electrolysis systems, brings a wealth of expertise to drive Ballard's future growth. The transition is expected to bring fresh perspectives and strategies to enhance Ballard's competitive position in the hydrogen fuel cell market.