StockWatch
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Industrial Machinery/Components
Management ChangeMay 21, 2026, 08:41 AM

FuelCell Energy Elects Cybersecurity Expert John Livingston to Board

AI Summary

FuelCell Energy elected John Livingston to its Board of Directors, effective May 19, 2026, increasing the board size to nine. Livingston brings over 25 years of experience in strategy, technology, industrial operations, and cybersecurity, including founding Verve Industrial Protection. He will serve on the Audit, Finance and Risk Committee and the Compensation and Leadership Development Committee, aligning with the company's focus on resilient power solutions for critical infrastructure. As a non-employee director, he will receive an annual retainer, committee fees, and 5,896 restricted stock units.

Key Highlights

  • John Livingston elected to FuelCell Energy's Board of Directors, effective May 19, 2026.
  • The Board size increased from eight to nine directors.
  • Livingston appointed to Audit, Finance and Risk Committee and Compensation and Leadership Development Committee.
  • He will receive an annual Board retainer of $50,000.
  • Annual committee fees include $10,000 for Audit and $7,500 for Compensation.
  • Livingston received an award of 5,896 restricted stock units (RSUs).
  • He brings over 25 years of experience in strategy, technology, industrial operations, and cybersecurity.