Plug Power Names New CEO

By Associated Press
April 8, 2008
Comment (0)
Recommended (0)

Hydrogen fuel cell manufacturer Plug Power Inc. has named Andy Marsh, co-founder of direct current power systems company Valere Power, as its new president and chief executive officer.

Marsh replaces Plug Power CEO Roger Saillant, who retired on Monday. Details of Marsh's contract were not released.

Marsh, 52, was CEO of Richardson, Texas-based Valere Power from 2001 until 2007 when it was sold to Eltek ASA. During that time, the company grew to 200 employees and had $90 million in annual revenues from selling its DC power products to the telecommunications sector.

Marsh has 25 years of experience with the telecommunications sector, the major market for Plug Power's GenCore backup power system.
Comment (0)
Recommended (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 616360, ~/articles/articlehandler.aspx, 9/5/2008 3:59:17 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Plug Power, Inc.

PLUG Down! $2.27 -0.39 (-14.66%) 4:00 PM
CAPS Rating:
154 Outperforms
188 Underperforms
Rate This Stock
Related Articles about PLUG
Articles mentioning PLUG

Major Indices

S&P 5001,236.83 -2.99%
DJIA11,188.23 -2.99%
RSL 2K718.62 -3.14%
NASD2,259.04 -3.20%
Updated: 4:04:39 PM
Sponsored by:

The Motley Poll

Where will the U.S. dollar go from here?

Sponsored by: