VANCOUVER, British Columbia—Loop Energy (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell solutions, announces that Peter Johansson has joined the Company’s Board of Directors. Johansson brings an extensive range of experience to Loop Energy, with a successful 35-year career across the aerospace, automotive and industrial sectors.
Previously he was EVP, Strategy, Business Development and Marketing at Accudyne Industries, where he was responsible for the formulation and execution of the growth, business development and M&A strategies for an extensive portfolio of industrial compressors, pumps and valves. Prior to Accudyne, Mr. Johansson led the product, market, and M&A strategy for IDEX Corporation. He has also held senior business and commercial management and engineering roles with ITT Corporation, Trane Technologies, WABCO, and AlliedSignal. Mr. Johansson is currently a consultant providing strategic and technical advice to highly engineered industrial product companies to drive their value creation and market development efforts.
“Hydrogen is a critical pathway in the clean energy transition, and I believe Loop Energy has the right combination of technology, people and products to become a leading player in this transition,” said Peter Johansson. “I am looking forward to working with the Loop Energy team, fellow board members and strategic advisors to support its successful expansion into markets around the world.”
“Peter is a true leader in the industry, with unique vision and expertise that will add tremendous value to the Company as we continue to expand globally across many sectors,” said Ben Nyland, President & Chief Executive Officer at Loop Energy. “We are thrilled to work with Peter, and we look forward to leveraging his experience in order to accelerate Loop Energy’s growth.”
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