Amprius Appoints Transportation Industry Veteran Tony Satterthwaite to Board of Directors
Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries, has appointed Tony Satterthwaite as an independent director to its Board of Directors, effective August 13, 2024. Satterthwaite, a transportation industry veteran with over 30 years of global power generation experience, will also join the Board's Compensation Committee. He brings valuable expertise in building brands and addressing customer needs across power generation, EV, and broader transportation markets.
Satterthwaite is currently a Senior Vice President at Cummins, Inc. and serves on the boards of IDEX , The Chemours Company, and the National Association of Manufacturers. This appointment follows his election to Amprius' Advisory Council in September 2023. Concurrently, Mary Gustanski has stepped down from the Amprius Board, effective August 12, 2024. The board will maintain seven directors, with six being independent.
Amprius Technologies (NYSE: AMPX), leader nelle batterie agli ioni di litio di nuova generazione, ha nominato Tony Satterthwaite come direttore indipendente del suo Consiglio di Amministrazione, a partire dal 13 agosto 2024. Satterthwaite, veterano dell'industria dei trasporti con oltre 30 anni di esperienza nella generazione di energia globale, entrerà anche a far parte del Comitato per la Compensazione del Consiglio. Porta con sé una preziosa esperienza nella costruzione di marche e nel soddisfare le esigenze dei clienti nei settori della generazione di energia, dei veicoli elettrici e dei trasporti più ampi.
Satterthwaite è attualmente Senior Vice President presso Cummins, Inc. e fa parte dei consigli di IDEX, The Chemours Company e della National Association of Manufacturers. Questa nomina segue la sua elezione al Consiglio Consultivo di Amprius nel settembre 2023. Nel contempo, Mary Gustanski si è dimessa dal Consiglio di Amprius, con effetto dal 12 agosto 2024. Il consiglio manterrà sette direttori, di cui sei saranno indipendenti.
Amprius Technologies (NYSE: AMPX), líder en baterías de iones de litio de próxima generación, ha nombrado a Tony Satterthwaite como director independiente de su Junta Directiva, con efecto a partir del 13 de agosto de 2024. Satterthwaite, un veterano de la industria del transporte con más de 30 años de experiencia en generación de energía a nivel global, también se unirá al Comité de Compensación de la Junta. Aporta una valiosa experiencia en la construcción de marcas y en la satisfacción de las necesidades del cliente en los mercados de generación de energía, vehículos eléctricos y transporte en general.
Satterthwaite es actualmente Vicepresidente Senior en Cummins, Inc. y forma parte de las juntas de IDEX, The Chemours Company y la National Association of Manufacturers. Este nombramiento sigue a su elección al Consejo Asesor de Amprius en septiembre de 2023. A su vez, Mary Gustanski ha renunciado a la Junta de Amprius, con efecto a partir del 12 de agosto de 2024. La junta mantendrá siete directores, de los cuales seis serán independientes.
암프리우스 테크놀로지스(뉴욕증권거래소: AMPX)는 차세대 리튬 이온 배터리의 선두주자로서 토니 새터스웨이트를 독립 이사로 임명했다고 발표했습니다. 그의 임기는 2024년 8월 13일부터 시작됩니다. 새터스웨이트는 30년 이상의 글로벌 발전 경험을 가진 운송 산업의 베테랑으로, 이사회 보상위원회에도 합류할 예정입니다. 그는 전력 생산, 전기차 및 더 넓은 운송 시장에서 브랜드 구축 및 고객 요구 충족에 대한 귀중한 전문 지식을 갖추고 있습니다.
새터스웨이트는 현재 Cummins, Inc.의 선임 부사장이며 IDEX, The Chemours Company 및 National Association of Manufacturers 위원회에도 참여하고 있습니다. 이번 임명은 2023년 9월 암프리우스 자문위원회에 선출된 이후 이루어진 것입니다. 동시에, 메리 구스탄스키는 2024년 8월 12일부터 암프리우스 이사회를 사임했습니다. 이사회는 7명의 이사를 유지하되 그 중 6명이 독립 이사가 될 것입니다.
Amprius Technologies (NYSE: AMPX), un leader dans les batteries lithium-ion de nouvelle génération, a nommé Tony Satterthwaite en tant que directeur indépendant de son conseil d'administration, à compter du 13 août 2024. Satterthwaite, un vétéran de l'industrie du transport avec plus de 30 ans d'expérience dans la production d'énergie à l'échelle mondiale, fera également partie du comité de rémunération du conseil. Il apporte une expertise précieuse dans la construction de marques et la satisfaction des besoins des clients dans les marchés de la production d'énergie, des véhicules électriques et des transports en général.
Satterthwaite est actuellement vice-président senior chez Cummins, Inc. et siège aux conseils d'IDEX, The Chemours Company et de la National Association of Manufacturers. Cette nomination fait suite à son élection au conseil consultatif d'Amprius en septembre 2023. Dans le même temps, Mary Gustanski a démissionné du conseil d'Amprius, avec effet au 12 août 2024. Le conseil comptera sept directeurs, dont six seront indépendants.
Amprius Technologies (NYSE: AMPX), führend in der nächsten Generation von Lithium-Ionen-Batterien, hat Tony Satterthwaite zum unabhängigen Direktor seines Vorstands ernannt, was am 13. August 2024 wirksam wird. Satterthwaite, ein Veteran der Transportindustrie mit über 30 Jahren Erfahrung in der globalen Energieerzeugung, wird auch dem Vergütungsausschuss des Vorstands beitreten. Er bringt wertvolle Erfahrung im Aufbau von Marken und in der Befriedigung von Kundenbedürfnissen in den Bereichen Energieerzeugung, E-Fahrzeuge und breitere Transportmärkte mit.
Satterthwaite ist derzeit Senior Vice President bei Cummins, Inc. und sitzt in den Vorständen von IDEX, The Chemours Company und der National Association of Manufacturers. Diese Ernennung folgt seiner Wahl in den Beirat von Amprius im September 2023. Gleichzeitig hat Mary Gustanski den Vorstand von Amprius zum 12. August 2024 verlassen. Der Vorstand wird aus sieben Direktor*innen bestehen, von denen sechs unabhängig sein werden.
- Appointment of Tony Satterthwaite, an industry veteran with 30+ years of experience in transportation and power generation
- Satterthwaite's expertise expected to provide valuable input on product development and customer engagement strategies
- Maintenance of a strong board composition with 7 directors, 6 of whom are independent
- None.
Mr. Satterthwaite Brings Over 30 Years of Global Power Generation Experience to Amprius Technologies
Amprius Appoints Transportation Industry Veteran Tony Satterthwaite to Board of Directors (Photo: Business Wire)
Tony Satterthwaite is an accomplished industry veteran with over 30 years of experience in the transportation and power generation industries. With his extensive background, Mr. Satterthwaite is positioned to provide valuable input on the Company's product development and customer engagement strategies across the transportation sector.
“On behalf of the leadership team at Amprius, it is my pleasure to welcome Tony Satterthwaite to our Board of Directors,” said Don Dixon, Chairman of the Board. “Tony brings a wealth of experience in building brands and addressing customer needs across the power generation, EV, and broader transportation markets. We are fortunate to add someone with such deep expertise to our Board and look forward to benefiting from Tony’s leadership and vision as Amprius continues its journey to revolutionize the electric mobility industry.”
“As the electric mobility sector continues to evolve, developing strategic relationships and a differentiated customer approach is becoming increasingly important,” said Tony Satterthwaite. “I’m thrilled to join Amprius’ Board of Directors and am excited about the vast potential of our cutting-edge battery technology. Leveraging my knowledge and experience, I look forward to collaborating with the leadership team to advance strategies that better serve customers and accelerate the Company's growth trajectory.”
In September 2023, Mr. Satterthwaite was elected as one of the first members of Amprius’ Advisory Council, which provides the Company with key, multi-industry expertise including advising senior management through the Company’s next growth phase. Additionally, he is currently a Director of IDEX Corporation (NYSE: IEX), The Chemours Company (NYSE: CC), the National Association of Manufacturers, and the Cummins Foundation. He is currently a Senior Vice President at Cummins, Inc., a global power solutions provider, where he is responsible for solving large enterprise challenges and aligning business units across IT and digital products and services.
Separately, Mary Gustanski, who has served on the Amprius Board since June 2023, has stepped down from her position, effective August 12, 2024. Amprius thanks Ms. Gustanski for her contributions to the organization during her tenure. With these changes, the Amprius board will remain comprised of seven directors, six of whom will be independent.
For additional details, please reference the Form 8-K filed with the
About Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries, producing the industry’s highest-known energy density cells. The company’s commercially available SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500Wh/kg and 1,300 Wh/L. Amprius expanded its product portfolio to include the SiCore™ platform in 2024, significantly enhancing its ability to serve additional customer applications. The company’s corporate headquarters is in
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the potential application and addressable market of Amprius’ batteries, and Amprius’ ability to revolutionize the electric mobility industry, better serve customers and accelerate its growth trajectory. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Amprius’ management and are not predictions of actual performance. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties. These forward-looking statements are subject to a number of risks and uncertainties, including Amprius’ liquidity position; risks related to the rollout of Amprius’ business and the timing of expected business milestones; Amprius’ ability to commercially produce high performing batteries; the effects of competition on Amprius’ business; supply shortages in the materials necessary for the production of Amprius’ products; and changes in domestic and foreign business, market, financial, political and legal conditions. For more information on these risks and uncertainties that may impact the operations and projections discussed herein can be found in the documents we filed from time to time with the Securities and Exchange Commission (the “SEC”), all of which are available on the SEC’s website at www.sec.gov. There may be additional risks that Amprius does not presently know or that Amprius currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Amprius’ expectations, plans or forecasts of future events and views as of the date of this press release. These forward-looking statements should not be relied upon as representing Amprius’ assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Except as required by law, Amprius specifically disclaims any obligation to update any forward-looking statements.
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Investors
Tom Colton, Greg Bradbury
Gateway Group, Inc.
949-574-3860
IR@amprius.com
Media
Zach Kadletz, Brenlyn Motlagh
Gateway Group, Inc.
949-574-3860
Amprius@Gateway-grp.com
Source: Amprius Technologies, Inc.
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