Plug Power adds Eric Prades to Board of Directors

Hydrogen energy industry expert and CEO of Air Liquide Advanced Business brings international experience.
By Modern Materials Handling Staff
June 20, 2013 - MMH Editorial

Plug Power, a leader in providing clean, reliable energy solutions, has announced that Eric Prades, CEO of Air Liquide Advanced Business, will join its board of directors as a director.

Prades brings more than 20 years of international strategic and operations leadership from his work at Air Liquide, especially in Hydrogen Energy markets. Since 2008, Air Liquide has grown to become a leader within the European hydrogen industry, having deployed hundreds of hydrogen fuel-cell systems.

Prades also oversees the Horizon Hydrogen Energy (H2E) program, a 200 million Euro research and development program, working to build sustainable and competitive hydrogen-energy solutions in France, throughout 2009 to 2016. The program, lead by Air Liquide, involves 19 other French companies, and is funded by Oseo, the French agency for innovation.

Before joining Air Liquide, Prades was at Thomson Group, where he had extensive operations experience in Europe and Asia through a variety of positions, ending as the General Manager of Operations for Thailand.

Prades joins the Plug Power board as part of a strategic $6.5 million investment that will help fuel the company’s strategy to grow its hydrogen fuel cell business for forklift trucks and other horizontal
markets. The company’s flagship GenDrive fuel cells are successfully deployed at customer sites such as Walmart, Sysco, P&G, BMW and the recently announced Ace Hardware Corp.

“Eric’s deep understanding of the technology and business dynamics of the hydrogen fuel cell market makes him a perfect candidate for our board of directors,” said Andy Marsh, president and CEO of Plug Power. “I am pleased to welcome Eric to our board and I look forward to working with him as we grow Plug Power.”



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The standard tools of B2B integration--EDI, VANs, translation software--have been around for more than two decades. In IT years, that's many generations of technology you've potentially missed out on if your organization is still using the same B2B integration solution it started with.

According to the report, this option will be made available in 14 metropolitan locales in the United States and will not come with an extra fee for Amazon Prime members.

DHL said this investment is being made to meet customer needs for ongoing growth in international e-commerce and global trade and will also provide more gates to accommodate additional aircraft, warehouse space, and new equipment to provide more capacity for sorting shipments and for unloading and reloading planes.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in March dropped 5.3 percent annually to $96.1 billion.

U.S. carloads were down 9.1 percent annually at 273,387, and intermodal volume was up 4.3 percent annually at 281,090 containers and trailers.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

Post a comment
Commenting is not available in this channel entry.