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Fusion Fuel Appoints Luisa Ingargiola to Board of Directors

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Fusion Fuel Green PLC (Nasdaq: HTOO) has appointed Luisa Ingargiola to its Board of Directors, effective February 24, 2025. Ingargiola will serve as chairperson of the Audit Committee, replacing Rune Magnus Lundetrae, who remains on the Board. She will also join the Nominating Committee, Audit Committee, and Compensation Committee.

The Board now consists of six directors, with four classified as independent directors under Nasdaq Listing Rules. Ingargiola currently serves as Chief Financial Officer of Avalon GloboCare Corp. (Nasdaq: ALBT) and holds board positions at Vision Marine Technologies (Nasdaq: VMAR) and BioCorRx Inc. (OTCQB: BICX), where she chairs the Audit Committees. She previously served as CFO and co-founder of BBHC, Inc. Ingargiola holds a Business Administration degree from Boston University and a Master of Health Administration from the University of South Florida.

Fusion Fuel Green PLC (Nasdaq: HTOO) ha nominato Luisa Ingargiola nel suo Consiglio di Amministrazione, con effetto dal 24 febbraio 2025. Ingargiola assumerà il ruolo di presidente del Comitato di Revisione, sostituendo Rune Magnus Lundetrae, che rimane nel Consiglio. Inoltre, si unirà al Comitato di Nomina, al Comitato di Revisione e al Comitato per la Compensazione.

Il Consiglio è attualmente composto da sei membri, di cui quattro classificati come direttori indipendenti secondo le Regole di Quotazione di Nasdaq. Ingargiola attualmente ricopre il ruolo di Direttore Finanziario di Avalon GloboCare Corp. (Nasdaq: ALBT) e occupa posizioni nel consiglio di Vision Marine Technologies (Nasdaq: VMAR) e BioCorRx Inc. (OTCQB: BICX), dove presiede i Comitati di Revisione. In precedenza, ha ricoperto il ruolo di CFO e co-fondatrice di BBHC, Inc. Ingargiola ha conseguito una laurea in Amministrazione Aziendale presso la Boston University e un Master in Amministrazione della Salute presso l'Università della Florida del Sud.

Fusion Fuel Green PLC (Nasdaq: HTOO) ha nombrado a Luisa Ingargiola en su Junta Directiva, con efecto a partir del 24 de febrero de 2025. Ingargiola será la presidenta del Comité de Auditoría, reemplazando a Rune Magnus Lundetrae, quien permanece en la Junta. También se unirá al Comité de Nominaciones, al Comité de Auditoría y al Comité de Compensación.

La Junta ahora consta de seis directores, de los cuales cuatro están clasificados como directores independientes bajo las Reglas de Cotización de Nasdaq. Ingargiola actualmente se desempeña como Directora Financiera de Avalon GloboCare Corp. (Nasdaq: ALBT) y ocupa posiciones en el consejo de Vision Marine Technologies (Nasdaq: VMAR) y BioCorRx Inc. (OTCQB: BICX), donde preside los Comités de Auditoría. Anteriormente, fue CFO y cofundadora de BBHC, Inc. Ingargiola tiene un título en Administración de Empresas de la Universidad de Boston y una Maestría en Administración de Salud de la Universidad del Sur de Florida.

Fusion Fuel Green PLC (Nasdaq: HTOO)는 Luisa Ingargiola를 이사회에 임명하였으며, 이는 2025년 2월 24일부터 시행됩니다. Ingargiola는 감사위원회의 의장으로 활동하며, Rune Magnus Lundetrae를 대체하지만 Lundetrae는 여전히 이사회에 남아 있습니다. 그녀는 또한 지명위원회, 감사위원회 및 보상위원회에 합류할 것입니다.

현재 이사회는 여섯 명의 이사로 구성되어 있으며, 그 중 네 명은 Nasdaq 상장 규정에 따라 독립 이사로 분류됩니다. Ingargiola는 현재 Avalon GloboCare Corp. (Nasdaq: ALBT)의 최고재무책임자(CFO)로 재직 중이며, Vision Marine Technologies (Nasdaq: VMAR) 및 BioCorRx Inc. (OTCQB: BICX)에서 이사직을 맡고 있으며, 감사위원회의 의장도 맡고 있습니다. 그녀는 이전에 BBHC, Inc.의 CFO 및 공동 창립자로 근무했습니다. Ingargiola는 보스턴 대학교에서 경영학 학위를 취득하였고, 플로리다 남부 대학교에서 보건 행정 석사 학위를 받았습니다.

Fusion Fuel Green PLC (Nasdaq: HTOO) a nommé Luisa Ingargiola au sein de son Conseil d'Administration, à compter du 24 février 2025. Ingargiola sera présidente du Comité d'Audit, remplaçant Rune Magnus Lundetrae, qui reste au Conseil. Elle rejoindra également le Comité de Nomination, le Comité d'Audit et le Comité de Rémunération.

Le Conseil se compose désormais de six administrateurs, dont quatre sont classés comme administrateurs indépendants selon les Règles de Cotation de Nasdaq. Ingargiola occupe actuellement le poste de Directrice Financière d'Avalon GloboCare Corp. (Nasdaq: ALBT) et détient des postes au conseil de Vision Marine Technologies (Nasdaq: VMAR) et BioCorRx Inc. (OTCQB: BICX), où elle préside les Comités d'Audit. Auparavant, elle a été CFO et co-fondatrice de BBHC, Inc. Ingargiola est titulaire d'un diplôme en Administration des Affaires de la Boston University et d'un Master en Administration de la Santé de l'Université de Floride du Sud.

Fusion Fuel Green PLC (Nasdaq: HTOO) hat Luisa Ingargiola in seinen Vorstand berufen, der ab dem 24. Februar 2025 in Kraft tritt. Ingargiola wird als Vorsitzende des Prüfungsausschusses fungieren und Rune Magnus Lundetrae ersetzen, der im Vorstand bleibt. Sie wird auch dem Nominierungsausschuss, dem Prüfungsausschuss und dem Vergütungsausschuss beitreten.

Der Vorstand besteht nun aus sechs Mitgliedern, von denen vier gemäß den Nasdaq-Listing-Regeln als unabhängige Direktoren klassifiziert sind. Ingargiola ist derzeit Chief Financial Officer von Avalon GloboCare Corp. (Nasdaq: ALBT) und hat Vorstandspositionen bei Vision Marine Technologies (Nasdaq: VMAR) und BioCorRx Inc. (OTCQB: BICX), wo sie die Prüfungsausschüsse leitet. Zuvor war sie CFO und Mitgründerin von BBHC, Inc. Ingargiola hat einen Abschluss in Betriebswirtschaft von der Boston University und einen Master in Gesundheitsverwaltung von der University of South Florida.

Positive
  • Board strengthened with experienced financial executive
  • Increased board independence with 4 out of 6 directors being independent
  • Addition of member with extensive public company governance experience
Negative
  • None.

DUBLIN, Feb. 27, 2025 (GLOBE NEWSWIRE) -- via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) ("Fusion Fuel" or the "Company"), a leading provider of gas and hydrogen energy solutions, today announced the appointment of Luisa Ingargiola to its Board of Directors, effective February 24, 2025. Ms. Ingargiola will serve as chairperson of the Audit Committee, replacing Rune Magnus Lundetrae, who will remain a member of the Board. She will also serve as a member of the Nominating Committee, Audit Committee, and Compensation Committee. Following Ms. Ingargiola’s appointment, the Board will be comprised of six directors, four of whom have been determined by the Board to be “independent directors” under the Nasdaq Listing Rules.

Commenting on the appointment, Jeffrey Schwarz, Chairman of Fusion Fuel, said, “Luisa’s extensive experience in public company governance, capital markets, and financial oversight, coupled with her track record of supporting high-growth companies through complex strategic and financial initiatives, make her a tremendous asset to Fusion Fuel. Her expertise will be invaluable as we continue to execute our business strategy and drive long-term value creation. On behalf of my fellow directors, I want to welcome Luisa and look forward to benefiting from her insight and leadership as we build the new Fusion Fuel and position the company for sustainable growth.”

Ms. Ingargiola currently serves as Chief Financial Officer of Avalon GloboCare Corp. (Nasdaq: ALBT) and as a board director for Vision Marine Technologies, Inc. (Nasdaq: VMAR) and BioCorRx Inc. (OTCQB: BICX), where she also chairs the Audit Committees. Earlier in her career, Ms. Ingargiola was CFO and co-founder of BBHC, Inc., formerly known as MagneGas Corporation. Ms. Ingargiola graduated from Boston University with a bachelor’s degree in Business Administration and a concentration in Finance. She also received a Master of Health Administration from the University of South Florida.

About Fusion Fuel Green PLC

Fusion Fuel Green PLC (Nasdaq: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy engineering and advisory solutions through its Al-Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

Forward-Looking Statements

This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties (including those set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission) which could cause actual results to differ from the forward-looking statements.

Investor Relations Contact
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FAQ

When will Luisa Ingargiola join Fusion Fuel's (HTOO) Board of Directors?

Luisa Ingargiola joined Fusion Fuel's Board of Directors effective February 24, 2025.

What committees will Luisa Ingargiola serve on at Fusion Fuel (HTOO)?

She will serve as Audit Committee chairperson and member of the Nominating Committee and Compensation Committee.

How many independent directors does Fusion Fuel (HTOO) have after Ingargiola's appointment?

Following Ingargiola's appointment, four out of six directors are classified as independent under Nasdaq Listing Rules.

What is Luisa Ingargiola's current professional experience outside of Fusion Fuel (HTOO)?

She serves as CFO of Avalon GloboCare Corp. and board director for Vision Marine Technologies and BioCorRx Inc.

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