Ballard appoints new board member



Ballard Power Systems 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 the Board of Directors of Ballard, said: “We continue to ensure a strong matrix of diverse and complementary skills and experiences within our Board of Directors. Hubertus brings a solid 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 leadership roles with industrial and manufacturing companies in Europe, the United States and other markets. We are delighted that Hubertus is joining our Board of Directors, where his insights and guidance will support the continued advancement of Ballard’s growth strategy in Europe and globally. “

Mr. Muehlhaeuser said, “I am delighted to join Ballard’s board of directors as the company prepares for the expected growth in adoption of zero-emission hydrogen fuel cells for heavy mobility applications. I look forward to supporting the company’s ambitious scale-up plans. in Europe and around the world to generate long-term shareholder value. “

Mr. Muehlhaeuser is currently President and CEO of Pontem Corporation, a publicly traded special purpose acquisition company that focuses on industrial technology companies, and is also President of Kelvion Ltd., a global leader in the field of industrial technology. heat exchanger industry. Throughout his career, Mr. Muehlhaeuser has held managerial positions in private and public industrial companies of various sizes in Europe, the United States and Asia. His most recent and relevant management positions are: Iveco and Magirus), and Powertrain Technologies (FPT). He was also President and CEO of Welbit Inc., a global manufacturer of catering equipment, which he successfully led through the spin-off of The Manitowoc Company. He was also senior vice president and general manager Europe, Middle East and Africa of AGCO Corporation, a global manufacturer of agricultural equipment.

Mr. Muehlhaeuser began his career with Arthur D. Little Ltd., a global management consulting firm. Mr. Muehlhaeuser holds an MBA from the European Business School.



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