Plug Power adds Eric Prades to Board of Directors

Hydrogen energy industry expert and CEO of Air Liquide Advanced Business brings international experience.

By ·

Plug Power, a leader in providing clean, reliable energy solutions, has announced that Eric Prades, CEO of Air Liquide Advanced Business, will join its board of directors as a director.

Prades brings more than 20 years of international strategic and operations leadership from his work at Air Liquide, especially in Hydrogen Energy markets. Since 2008, Air Liquide has grown to become a leader within the European hydrogen industry, having deployed hundreds of hydrogen fuel-cell systems.

Prades also oversees the Horizon Hydrogen Energy (H2E) program, a 200 million Euro research and development program, working to build sustainable and competitive hydrogen-energy solutions in France, throughout 2009 to 2016. The program, lead by Air Liquide, involves 19 other French companies, and is funded by Oseo, the French agency for innovation.

Before joining Air Liquide, Prades was at Thomson Group, where he had extensive operations experience in Europe and Asia through a variety of positions, ending as the General Manager of Operations for Thailand.

Prades joins the Plug Power board as part of a strategic $6.5 million investment that will help fuel the company’s strategy to grow its hydrogen fuel cell business for forklift trucks and other horizontal
markets. The company’s flagship GenDrive fuel cells are successfully deployed at customer sites such as Walmart, Sysco, P&G, BMW and the recently announced Ace Hardware Corp.

“Eric’s deep understanding of the technology and business dynamics of the hydrogen fuel cell market makes him a perfect candidate for our board of directors,” said Andy Marsh, president and CEO of Plug Power. “I am pleased to welcome Eric to our board and I look forward to working with him as we grow Plug Power.”


Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Article Topics

Forklifts · Fuel Cells · Lift Trucks · Plug Power · Technology · · All Topics
Latest Whitepaper
Evaluating Goods-to-Person Technologies
This white paper overviews the various, self-contained, goods-to-person AS/RS systems available for handling the totes, cases and eaches most frequently faced by e-commerce order fulfillment operations, and the typical applications for each.
Download Today!
From the May 2017 MMH Issue
Every company considers itself an innovator. It’s time to include materials handling leaders in that category.
Top 20 Worldwide Materials Handling Systems Suppliers 2017
ERP Suppliers’ Changing Role
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity
During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment.
Register Today!
EDITORS' PICKS
Materials Handling Innovation (and why it matters)
Every company considers itself an innovator. It’s time to include materials handling leaders in...
Thrive Market’s Startup Distribution Network
How does a fastgrowing, e-commerce startup company build out order fulfillment capabilities? Thrive...

U.S. Roadmap for Material Handling & Logistics: Version 2.0 released today
On Tuesday, the U.S. Roadmap for Material Handling & Logistics: Version 2.0 will be released on...
2017 Productivity Achievement Awards
Modern’s annual Productivity Achievement Awards honor companies that have made exceptional...