– USA, MT – Montana Technologies Corp. (NASDAQ: AIRJ), today announced the appointment of Kyle Derham to its Board of Directors.
The company also announced the nomination of a current Board member Pat Eilers as Chairman of the Board of Directors.
About Kyle Derham
Kyle Derham is a Partner of Rice Investment Group, and he previously served as President and CFO of Rice Acquisition Corp. I, which merged with Archaea Energy and Aria Energy in 2021. After the business combination, Mr. Derham served as a Director of Archaea Energy until it was sold to BP in 2022. Mr. Derham also served as CEO of Rice Acquisition Corp. II, which merged with NET Power in 2023; he currently serves as a Director of NET Power. Previously, Mr. Derham served as interim CFO and strategic advisor to EQT Corporation from 2019 to 2021. From 2017 to 2019, Mr. Derham served as VP of Corporate Development and Finance of Rice Energy and Rice Midstream. Before joining Rice Energy, Mr. Derham was an associate at First Reserve, an energy-focused private equity fund, and before that, was an investment banker at Barclays.
Mr. Derham earned a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania.
About Pat Eilers
Pat Eilers is the Chairman of Montana’s Board. Mr. Eilers is the founder of, and has served since 2019 as the Managing Partner of, Transition Equity Partners, a private equity firm focused on the energy and power transition, with a focus on (i) renewable energy, (ii) energy storage, technology, equipment and services, and (iii) transitional energy infrastructure. Mr. Eilers has over 20 years of investment experience focused on the energy and power transition. Mr. Eilers served as CEO and Director of Power and Digital Infrastructure Acquisition Corp from December 2020 until the completion of its merger with Core Scientific in January 2022. He served as CEO and Director of Power & Digital Infrastructure Acquisition II Corp from December 2021 until the completion of its merger with Montana Technologies LLC in March 2024. Before founding TEP, Mr. Eilers was a Managing Director on the BlackRock Infrastructure Platform, where he also served as a member of the Investment Committee for BlackRock’s Global Renewable Power Fund, Global Energy & Power Infrastructure Fund, and chaired the Energy & Power Private Equity Fund. Before joining BlackRock in 2016, he also worked at Madison Dearborn Partners overseeing the firm’s energy, power, and chemicals practices for 10 years.
Mr. Eilers earned a Bachelor of Science in Biology and Mechanical Engineering from the University of Notre Dame and a Master of Business Administration from the Kellogg School of Management at Northwestern University.
About Montana Technologies Corp.
Montana Technologies Corporation is a publicly-traded company that holds the intellectual properties that make up the AirJoule system, an atmospheric thermal energy and water harvesting technology that provides efficient and sustainable air conditioning and pure water from air.
For more information: https://mt.energy/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.