Mechanical

FormFactor Appoints New Board Member

Retrieved on: 
Thursday, March 21, 2024

LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately.

Key Points: 
  • LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately.
  • “We are pleased to welcome Kevin Brewer to the Board of Directors of FormFactor,” said Tom St. Dennis, Chairperson of the Board of Directors.
  • “Kevin has a strong background in finance and operations that will be of great value to FormFactor as the company achieves and surpasses our target financial model.”
    Mr.
  • Brewer joins the FormFactor Board of Directors with over 40 years of experience in the semiconductor and high-tech industries.

FuelCell Energy Innovators to Highlight Advanced Clean Technologies at CERAWeek 2024

Retrieved on: 
Tuesday, March 19, 2024

Both leaders are members of FuelCell Energy’s InsightFUEL bench of clean energy experts available for interviews with the media.

Key Points: 
  • Both leaders are members of FuelCell Energy’s InsightFUEL bench of clean energy experts available for interviews with the media.
  • Tony Leo joined FuelCell Energy in 1978 and has held key leadership roles in research, development, and commercialization of electrochemical systems during his tenure.
  • The Connecticut Power and Energy Society honored him with its 2023 Excellence in Energy Award.
  • Brent Voelker is Director of Solutions Engineering at FuelCell Energy, responsible for the development of site-level solutions on projects in renewable hydrogen production, long-term energy storage, electric power from renewable hydrogen, and carbon capture.

Alsym Energy Announces $78M Funding Round Led by Tata Limited and General Catalyst

Retrieved on: 
Wednesday, April 3, 2024

Alsym™ Energy , a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst , a global venture capital firm.

Key Points: 
  • Alsym™ Energy , a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst , a global venture capital firm.
  • New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, as well as existing investor Drads Capital .
  • Alsym will use the funds to grow its Boston-area team and expand its prototyping and pilot lines to address increasing demand for customer samples.
  • Alsym’s first product for this market, called Alsym Green, offers significantly higher system-level energy density than other non-flammable, non-lithium battery chemistries.

Westinghouse Announces Executive Management Appointments

Retrieved on: 
Monday, April 1, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240401801853/en/
    Ron Timperio is appointed Chief Operating Officer and Executive Vice President, Global Operations Services
    Adam Silverstein is appointed Executive Vice President, Quality, Environment, Health & Safety
    “Strong execution across our global operations coupled with the highest standards of safety and quality is critical for both our day-to-day and long-term success,” said Patrick Fragman, Westinghouse President and Chief Executive Officer.
  • “Ron is a seasoned executive who brings to Westinghouse an unrelenting focus on performance and delivery through diverse, cross-functional experience across global industries.
  • He has 30 years of experience in manufacturing operations; supply chain management; environmental, health and safety; and quality control.
  • Adam Silverstein appointed Executive Vice President, Quality, Environment, Health & Safety
    Mr. Silverstein will lead Westinghouse’s nuclear safety, industrial safety and quality assurance programs.

Chemours Announces Appointment of Denise Dignam as President and Chief Executive Officer of the Company

Retrieved on: 
Friday, March 22, 2024

Ms. Dignam joined Chemours in 2015. She brings over 35 years of experience in the chemical industry where she has held senior roles in business and operations, sales and marketing, commercialization, and supply chain. She had served as Interim Chief Executive Officer since February 2024, and prior to that held the positions of President, Titanium Technologies (TT) segment, and President, Advanced Performance Materials (APM) segment---two businesses that represent over 68% of Chemours’ net sales in 2023. As President of Titanium Technologies, Ms. Dignam stood up the TT Transformation Plan, delivered significant operational savings in 2023, refocused the portfolio to deliver more customer value, and developed process improvements for better resource utilization across the manufacturing circuit. During her tenure on Advanced Performance Materials, she reshaped the portfolio to focus resources on secular growth opportunities in Clean Energy and Advanced Electronics. To further accelerate growth, she drove strategic partnerships and initiatives across the globe, and improved the overall cost structure of the business, laying the foundation for further cost optimization.

Key Points: 
  • The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Denise Dignam, current Interim Chief Executive Officer, to the positions of President and Chief Executive Officer and a member of the Board of Directors, effective immediately.
  • She had served as Interim Chief Executive Officer since February 2024, and prior to that held the positions of President, Titanium Technologies (TT) segment, and President, Advanced Performance Materials (APM) segment---two businesses that represent over 68% of Chemours’ net sales in 2023.
  • Commenting on her appointment, Ms. Dignam said, “I am excited and honored to take on the role of President and CEO.
  • She received her Master of Business Administration from Widener University and her Bachelor of Science in Mechanical Engineering from Villanova University.

Capstone Green Energy Announces Vince Canino as its President and Chief Executive Officer

Retrieved on: 
Tuesday, March 12, 2024

Capstone Green Energy Holdings, Inc. (the “Company”), the public successor to Capstone Green Energy Corporation (Predecessor Capstone), is pleased to announce that Vince Canino has been appointed as the company’s President and Chief Executive Officer, and member of the Capstone Board of Directors.

Key Points: 
  • Capstone Green Energy Holdings, Inc. (the “Company”), the public successor to Capstone Green Energy Corporation (Predecessor Capstone), is pleased to announce that Vince Canino has been appointed as the company’s President and Chief Executive Officer, and member of the Capstone Board of Directors.
  • Vince joined Capstone as incoming President and CEO on March 11, 2024, and will transition closely with Robert “Bob” Flexon, Executive Chairman and former Interim President and CEO.
  • I look forward to leading the Capstone team into an era of unprecedented achievement that will make all our stakeholders proud," remarked Vince Canino, newly appointed President and CEO of Capstone Green Energy.
  • "After conducting a comprehensive global executive search, the Capstone Green Energy Board of Directors is excited to welcome Vince Canino as our new CEO.

Dynex Capital, Inc. Announces the Appointments of Andrew Gray and Alexander Crawford to Its Board of Directors

Retrieved on: 
Tuesday, March 12, 2024

Dynex Capital, Inc. (NYSE: DX) (the “Company”) announced today that its Board of Directors (the “Board”) has appointed Andrew Gray and Alexander Crawford as independent directors, effective March 6, 2024.

Key Points: 
  • Dynex Capital, Inc. (NYSE: DX) (the “Company”) announced today that its Board of Directors (the “Board”) has appointed Andrew Gray and Alexander Crawford as independent directors, effective March 6, 2024.
  • The Board also announced the resignation of Board members Michael Hughes, who served on the Board since 2010, and Robert Salcetti, who served on the Board since 2013, effective March 11, 2024.
  • Following the appointment of Mr. Gray and Mr. Crawford, the Board will comprise six directors, four of whom are independent.
  • Previously, Mr. Gray spent over a decade at Merrill Lynch in global roles across business management, strategy, finance and technology.

ControlCase Names Suresh Dadlani Group President at Global ControlCase

Retrieved on: 
Thursday, April 4, 2024

FAIRFAX, Va., April 4, 2024 /PRNewswire-PRWeb/ -- ControlCase announces the appointment of Mr. Suresh Dadlani as Group President of ControlCase.

Key Points: 
  • ControlCase announces the appointment of Mr. Suresh Dadlani as Group President of ControlCase.
  • FAIRFAX, Va., April 4, 2024 /PRNewswire-PRWeb/ -- ControlCase announces the appointment of Mr. Suresh Dadlani as Group President of ControlCase.
  • Mike Jenner, ControlCase CEO
    Mr. Dadlani's elevation to Group President expands his responsibilities as President of ControlCase's global business.
  • As Group President, Mr. Dadlani will lead strategic initiatives, oversee global HR and Professional Services, and drive sales growth across various markets.

Unlocking the Zero Energy Devices (ZED) Market: Strategies, Roadmaps and Innovations for Battery-Free, Ultra-Low Power Electronics

Retrieved on: 
Monday, April 1, 2024

DUBLIN, April 1, 2024 /PRNewswire/ -- The "Zero Energy Devices ZED: Self-Powered and Backscatter-Powered Electronics and Electrics Markets, Technology 2024-2044" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 1, 2024 /PRNewswire/ -- The "Zero Energy Devices ZED: Self-Powered and Backscatter-Powered Electronics and Electrics Markets, Technology 2024-2044" report has been added to ResearchAndMarkets.com's offering.
  • You could call a solar flashlight and an anti-theft tag "zero-energy devices" but the subject is about to take a huge leap forward well beyond these.
  • The day is coming when you never recharge your smart watch or phone and, without need for a battery, they last longer than you do.
  • You can create a billion-dollar business from making the next ZED materials or devices as detailed in this report.

Parry Labs Names Mark Blanco as Chief Growth Officer

Retrieved on: 
Monday, April 1, 2024

ALEXANDRIA, Va., April 1, 2024 /PRNewswire/ -- Today, Parry Labs LLC., a defense technology company developing next generation mission systems, officially announced the appointment of Mark Blanco as its Chief Growth Officer.

Key Points: 
  • ALEXANDRIA, Va., April 1, 2024 /PRNewswire/ -- Today, Parry Labs LLC., a defense technology company developing next generation mission systems, officially announced the appointment of Mark Blanco as its Chief Growth Officer.
  • As Parry's Chief Growth Officer, he will be responsible for driving Parry's long-term strategy, leading strategic opportunities, and playing a pivotal role in establishing and nurturing customer relationships.
  • "We are delighted to have Mark join the Parry Labs team and bring his experience, creativity, and focus to the company," said Chief Executive Officer, John Parkes.
  • "I am extremely excited for the opportunity to help continue to drive the growth of the Parry Labs business, but more importantly support our customers and address the challenges they face today and in the future," said the new Chief Growth Officer, Mark Blanco.