FUELCELL ENERGY, INC. (NASDAQ:FCEL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 7, 2019, the Board of Directors of FuelCell Energy, Inc. (the “Company”) appointed Jennifer D. Arasimowicz to serve as the Company’s Interim President. As a result of this appointment, Ms. Arasimowicz will serve as Interim President, Chief Commercial Officer, Executive Vice President, General Counsel, and Corporate Secretary and will function as, and perform the functions of, the principal executive officer of the Company.
Jennifer D. Arasimowicz, age 47, has served as the Company’s Chief Commercial Officer and Executive Vice President since June 4, 2019, and as General Counsel and Corporate Secretary since April 2017. Ms. Arasimowicz also served as Senior Vice President of the Company from April 2017 to June 4, 2019. As Senior Vice President, General Counsel and Corporate Secretary, Ms. Arasimowicz, a licensed attorney in Connecticut, New York and Massachusetts, has served as the chief legal officer and chief compliance officer of the Company, having responsibility for oversight of all of the Company’s legal and government affairs, and providing leadership in all aspects of the Company’s business, including compliance, corporate governance and board activities. Ms. Arasimowicz joined the Company in 2012 as Associate Counsel and was promoted to Vice President in 2014. Prior to joining the Company, Ms. Arasimowicz served as General Counsel of Total Energy Corporation, a New York based diversified energy products and services company providing a broad range of specialized services to utilities and industrial companies. Previously, Ms. Arasimowicz was a partner at Shipman & Goodwin, LLP in Hartford, Connecticut chairing the Utility Law Practice Group and began her legal career as an associate at Murtha Cullina, LLP. Ms. Arasimowicz earned her Juris Doctor at Boston University School of Law and holds a bachelor’s degree in English from Boston University.
There are no arrangements or understandings between Ms. Arasimowicz and any other person to which she was selected as an officer of the Company, nor are there any transactions involving the Company in which Ms. Arasimowicz has an interest that would be reportable under Item 404(a) of Regulation S-K.
About FUELCELL ENERGY, INC. (NASDAQ:FCEL)
FuelCell Energy, Inc. is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services stationary fuel cell power plants for distributed power generation. The Company’s segment is fuel cell power plant production and research. The Company’s power plants provide on-site power and utility grid support. The Company’s plants operate in approximately 50 locations on approximately three continents and generate approximately four billion kilowatt hours (kWh) of electricity. The Company’s fuel cell products, Direct FuelCell (DFC) power plants offer power generation for customers, including approximately 2.8 megawatts DFC3000, approximately 1.4 megawatts DFC1500 and approximately 300 kilowatts DFC300 plus derivations of the DFC product for specific applications. The Company offers project development; engineering procurement and construction (EPC) services operations and maintenance, and project finance.