– CANADA, Burnaby – Loop Energy Inc. (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell solutions, today announced the appointment of Peter Johansson to its Board of Directors, bringing an extensive range of experience to Loop Energy, with a successful 35-year career across the aerospace, automotive and industrial sectors.
“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 CEO, Ben Nyland. “We are thrilled to work with Peter, and we look forward to leveraging his experience in order to accelerate Loop Energy’s growth.”
About Peter Johansson
Previously Peter Johansson 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. Before 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.”
About Loop Energy Inc.
Loop Energy is a leading designer and manufacturer of fuel cell systems targeted for the electrification of commercial vehicles, including, light commercial vehicles, transit buses, and medium and heavy-duty trucks. Loop’s products feature the Company’s proprietary eFlow technology in the fuel cell stack’s bipolar plates. eFlow was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of hydrogen fuel cell electric vehicles.
For more information: https://loopenergy.com/
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