Gary Pinkus, Chairman of McKinsey & Company in North America, Joins Bloom Energy’s Board of Directors

Rhea-AI Summary

Bloom Energy (NYSE: BE) has appointed Gary Pinkus, Chairman of McKinsey & Company in North America, to its Board of Directors. Pinkus brings nearly 40 years of experience in governance, leadership, and executive roles, primarily at McKinsey & Company. He co-founded and led the global Private Equity & Principal Investors practice and has advised numerous energy companies on their path to net-zero emissions.

KR Sridhar, CEO of Bloom Energy, expressed confidence in Pinkus' ability to support the company's next stage of global growth. Pinkus has chaired McKinsey's Senior Partners Committee since 2019 and holds degrees from Stanford University and Harvard Business School.

Positive

• Gary Pinkus' appointment brings nearly 40 years of executive experience to Bloom Energy.
• Pinkus has extensive experience advising energy companies, including major oil and gas corporations and energy startups.
• Pinkus' leadership roles in McKinsey's Private Equity & Principal Investors practice can provide valuable insights for Bloom Energy's growth.
• KR Sridhar, CEO of Bloom Energy, believes Pinkus will support the company through its next stage of global growth.

Negative

• The press release does not provide specific details on how Pinkus will directly impact Bloom Energy's financial performance.
• There is no mention of immediate or short-term strategic plans that Pinkus will implement.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Bloom Energy (NYSE: BE) appointed Gary Pinkus, Chairman of McKinsey & Company in North America, to its Board of Directors. Pinkus has spent nearly 40 years of his career at McKinsey & Company, the global management consulting firm, building substantial governance, leadership, and executive experience.

Gary Pinkus, Chairman of McKinsey & Company in North America, has been named to Bloom Energy's Board of Directors. (Photo: Business Wire)

He has established and led some of the firm’s largest practices, including the co-founding and subsequent leadership of the global Private Equity & Principal Investors practice. Pinkus also has and continues to advise several energy companies, ranging from major oil and gas corporations to new energy start-ups, guiding his clients through a dynamic industry on the path to net-zero.

With extensive experience in energy and other high-growth sectors, Pinkus is well-versed in enabling companies to scale profitably and efficiently and will bring this expertise to the Bloom Energy Board.

“On behalf of the Bloom Energy Board members and leadership team, it is my privilege to welcome Gary Pinkus to Bloom Energy’s Board of Directors,” said KR Sridhar, Founder, Chairman, and CEO of Bloom Energy. “Gary’s invaluable experience across multiple industries and his perspective will offer Bloom a vital source of support as we enter the next stage of our global growth.”

Before becoming Chairman in 2018, Pinkus served as Managing Partner of its San Francisco office from 2003-2006, its West Coast practice from 2006-2013, and the North America practice from 2015-2018. A long-standing member of McKinsey’s Board of Directors, he has chaired several of its committees, and since 2019 has chaired the Senior Partners Committee.

Pinkus has also served as a Council member of the McKinsey Global Institute – a highly-rated think tank that produces research and analysis on the economic and business issues most critical to the world.

“I am thrilled to join Bloom Energy’s Board of Directors,” said Pinkus. “Burgeoning growth in artificial intelligence and data centers showcases the unique moment in which Bloom finds itself to seize opportunity in the market – I am excited to help guide the company to deliver the energy solutions our world needs.”

Pinkus currently serves on the boards of Wake Forest University and US Ski and Snowboard. He is a prior member of the boards of San Francisco Opera, California Academy of Sciences, Menlo School, California Business Roundtable, Silicon Valley Leadership Group, ReSurge International (formerly Interplast), and the investment committee for the Woodside School Foundation. Pinkus earned a Bachelor of Arts degree in English and Quantitative Economics with Distinction from Stanford University and a Master of Business Administration with Distinction from Harvard Business School. He currently resides in Woodside, California with his wife.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. Bloom Energy’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom Energy’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240612949581/en/

Media

press@bloomenergy.com

Investors

Ed Vallejo

investor@bloomenergy.com

Source: Bloom Energy

FAQ

Who has Bloom Energy appointed to its Board of Directors?

Bloom Energy has appointed Gary Pinkus to its Board of Directors.

What is Gary Pinkus' background?

Gary Pinkus is the Chairman of McKinsey & Company in North America and has nearly 40 years of experience in governance, leadership, and executive roles.

What experience does Gary Pinkus bring to Bloom Energy (BE)?

Gary Pinkus brings extensive experience in advising energy companies, leading major practices at McKinsey, and expertise in scaling companies profitably and efficiently.

How does KR Sridhar view Gary Pinkus' appointment to Bloom Energy's Board?

KR Sridhar, CEO of Bloom Energy, believes that Pinkus' experience will provide vital support as Bloom Energy enters its next stage of global growth.

What are Gary Pinkus' educational qualifications?

Gary Pinkus holds a Bachelor of Arts degree in English and Quantitative Economics from Stanford University and an MBA from Harvard Business School.