McPhy Energy announces Laurent Carme as CEO alongside Pascal Mauberger stepping to Chairman of the Board of Directors

– FRANCE, La Motte-Fanjas –  McPhy Energy (EPA: MCPHY), a specialist in hydrogen production and distribution equipment, today announced that the Board of Directors has decided to have a separate governance structure in accordance with the recommendations of the Appointments and Remuneration Committee, set up to prepare for the succession at the head of the Group, and in accordance with governance best practices. Consequently, Laurent Carme has been appointed CEO of McPhy. He succeeds to Pascal Mauberger, who keeps his position as Chairman of the Board of Directors. Laurent Carme’s mandate will be effective on November 4, 2019.

“It is with confidence and much pleasure that I am handing over the position of CEO to Laurent Carme. With his substantial experience in renewable energies, both in wind and hydroelectric power in France and abroad, Laurent Carme is an experienced and acknowledged leader who will steer McPhy through another decisive phase in its development, characterized by an acceleration in the international roll-out of its activities and the achievement of financial break-even,” said Pascal Mauberger, Chairman of McPhy’s Board of Directors.

This appointment comes in a dynamic commercial context for the company, which received an order for a 1 MW electrolyzer from Hynamics in September as part of the Commercial Industrial and R&D partnership signed in 2018. This new order brings to over €10 million the number of orders booked between January 1st and the end of September 2019.

About Pascal Mauberger

Pascal Mauberger headed the company as Chairman of the Management Board and then CEO for the last 11 years. With a team from the CNRS scientific research center, he founded McPhy in 2008 and made it one of the French and European hydrogen sector’s flagship startups. Pascal Mauberger then led the transformation of McPhy, which in ten years, has positioned itself among the leaders in France and Europe in decarbonated hydrogen. The Board of Directors warmly thanks Pascal Mauberger for this remarkable entrepreneurial achievement, for the work accomplished at the head of McPhy’s teams and for his commitment during this founding decade.

About Laurent Carme

Laurent Carme began his career as a consultant at Estin & Co before joining L.E.K. Consulting, where he carried out numerous growth strategy and industrial strategy missions in the energy and transport sectors.

In 2009, he joined Alstom Renewables, where he headed the Business Development division in Paris. Laurent Carme was then appointed, in Barcelona, Vice President Wind Onshore Platform and then Vice President Wind Engineering and Strategic Sourcing. During his time in Spain, he contributed his expertise to onshore and offshore product lines, and notably the development of products and cost-cutting projects.

In 2015, Laurent Carme joined GE Renewable Energy as President of GE Hydro France and Head of the Grenoble site, in charge of global R&D, engineering, project management and production activities for the Hydroelectric division. Since 2018, Laurent Carme has headed the Power Transformers division at GE Grid Solutions.

Laurent Carme, CEO said: “I warmly thank the Board of Directors and Pascal Mauberger for the trust they have placed in me through this appointment. By joining McPhy, I am glad to pursue a 10-year commitment to the energy transition. The growth potential of both hydrogen and McPhy is huge and I am enthusiastic to be able to contribute to it with all the women and men of McPhy.”

He graduated from École Polytechnique and École Nationale des Ponts et Chaussées.

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the hydrogen energy, zero-emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.

As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe.

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

For more information: https://mcphy.com

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Talent4Boards Team

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