StockWatch
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Industrial Machinery/Components
Management ChangeJun 4, 2026, 04:12 PM

Plug Power Director Kavita Mahtani Resigns from Board

AI Summary

Plug Power Inc. announced that Kavita Mahtani, a Class I director, has resigned from its Board of Directors, effective June 11, 2026. Ms. Mahtani, who joined the Board in April 2022, is stepping down to focus on her new executive position at Wells Fargo. The company confirmed that her resignation is not due to any disagreements regarding its operations, policies, or practices.

Key Highlights

  • Kavita Mahtani resigned as a Class I director from Plug Power's Board of Directors.
  • Her resignation is effective as of June 11, 2026.
  • Ms. Mahtani served on the Board since April 2022.
  • She was a member of the Board's Audit Committee and Strategy & Financing Committee.
  • The resignation is due to her recently announced executive position at Wells Fargo.
  • Her departure is not a result of any disagreement with the Company's operations, policies, or practices.