Eco Wave Power Appoints Hilary E. Ackermann, Vistra Energy Board Member & Former Goldman Sachs Executive, to Advisory Board
Eco Wave Power (NASDAQ: WAVE) has appointed Hilary E. Ackermann to its newly established Advisory Board. Ackermann brings over three decades of experience in energy and financial sectors, currently serving on Vistra Energy's Board of Directors as Chair of the Sustainability and Risk Committee.
Ackermann's extensive background includes roles as Chief Risk Officer at Goldman Sachs Bank USA (2008-2011) and positions at Swiss Bank She has served on multiple boards, including Credit Suisse Holdings (USA) and Apollo Investment Her expertise spans energy sustainability, risk management, and corporate governance.
The appointment strengthens Eco Wave Power's leadership team in its mission to commercialize wave energy technology. The advisory role is non-governance in nature and aims to provide strategic guidance for the company's expansion in the renewable energy landscape.
Eco Wave Power (NASDAQ: WAVE) ha nominato Hilary E. Ackermann nel suo nuovo Consiglio Consultivo. Ackermann porta con sé oltre tre decenni di esperienza nei settori energetico e finanziario, attualmente ricoprendo il ruolo di Presidente del Comitato per la Sostenibilità e il Rischio nel Consiglio di Amministrazione di Vistra Energy.
Il vasto background di Ackermann include ruoli come Chief Risk Officer presso Goldman Sachs Bank USA (2008-2011) e posizioni presso Swiss Bank. Ha fatto parte di diversi consigli, tra cui Credit Suisse Holdings (USA) e Apollo Investment. La sua esperienza spazia dalla sostenibilità energetica alla gestione del rischio e alla governance aziendale.
La nomina rafforza il team di leadership di Eco Wave Power nella sua missione di commercializzare la tecnologia dell'energia delle onde. Il ruolo consultivo è di natura non governativa e mira a fornire orientamenti strategici per l'espansione dell'azienda nel panorama delle energie rinnovabili.
Eco Wave Power (NASDAQ: WAVE) ha designado a Hilary E. Ackermann para su recién establecido Consejo Asesor. Ackermann aporta más de tres décadas de experiencia en los sectores energético y financiero, actualmente ejerciendo como Presidenta del Comité de Sostenibilidad y Riesgo en la Junta Directiva de Vistra Energy.
El amplio historial de Ackermann incluye roles como Directora de Riesgos en Goldman Sachs Bank USA (2008-2011) y posiciones en Swiss Bank. Ha formado parte de múltiples juntas, incluyendo Credit Suisse Holdings (USA) y Apollo Investment. Su experiencia abarca la sostenibilidad energética, la gestión de riesgos y la gobernanza corporativa.
La designación refuerza el equipo de liderazgo de Eco Wave Power en su misión de comercializar la tecnología de energía de las olas. El rol asesor es de naturaleza no gubernamental y tiene como objetivo proporcionar orientación estratégica para la expansión de la empresa en el panorama de las energías renovables.
에코 웨이브 파워 (NASDAQ: WAVE)는 힐러리 E. 아커만을 새로 설립된 자문 위원회에 임명했습니다. 아커만은 에너지 및 금융 분야에서 30년 이상의 경험을 가지고 있으며, 현재 비스트라 에너지의 이사회에서 지속 가능성 및 리스크 위원회의 의장을 맡고 있습니다.
아커만의 광범위한 배경에는 골드만삭스 은행 USA의 리스크 관리 책임자(2008-2011)로서의 역할과 스위스 은행에서의 경력이 포함됩니다. 그녀는 크레딧 스위스 홀딩스(USA) 및 아폴로 투자 등 여러 이사회에서 활동했습니다. 그녀의 전문성은 에너지 지속 가능성, 리스크 관리 및 기업 거버넌스에 걸쳐 있습니다.
이번 임명은 에코 웨이브 파워의 리더십 팀을 강화하여 파도 에너지 기술을 상용화하는 임무를 지원합니다. 자문 역할은 비거버넌스 성격이며, 재생 가능 에너지 분야에서 회사의 확장을 위한 전략적 지침을 제공하는 것을 목표로 합니다.
Eco Wave Power (NASDAQ: WAVE) a nommé Hilary E. Ackermann au sein de son nouveau Conseil Consultatif. Ackermann apporte plus de trois décennies d'expérience dans les secteurs de l'énergie et de la finance, occupant actuellement le poste de Présidente du Comité de Durabilité et de Risque au Conseil d'Administration de Vistra Energy.
Le parcours étendu d'Ackermann comprend des rôles en tant que Directrice des Risques chez Goldman Sachs Bank USA (2008-2011) et des postes à la Banque Suisse. Elle a siégé dans plusieurs conseils, notamment ceux de Credit Suisse Holdings (USA) et d'Apollo Investment. Son expertise couvre la durabilité énergétique, la gestion des risques et la gouvernance d'entreprise.
Cette nomination renforce l'équipe de direction d'Eco Wave Power dans sa mission de commercialiser la technologie de l'énergie des vagues. Le rôle consultatif est de nature non gouvernementale et vise à fournir des conseils stratégiques pour l'expansion de l'entreprise dans le paysage des énergies renouvelables.
Eco Wave Power (NASDAQ: WAVE) hat Hilary E. Ackermann in seinen neu gegründeten Beirat berufen. Ackermann bringt über drei Jahrzehnte Erfahrung in den Bereichen Energie und Finanzen mit und ist derzeit Vorsitzende des Ausschusses für Nachhaltigkeit und Risiko im Board of Directors von Vistra Energy.
Ackermanns umfangreicher Hintergrund umfasst Positionen als Chief Risk Officer bei Goldman Sachs Bank USA (2008-2011) sowie Tätigkeiten bei der Schweizer Bank. Sie hat in mehreren Vorständen gedient, darunter Credit Suisse Holdings (USA) und Apollo Investment. Ihre Expertise erstreckt sich über Energie-Nachhaltigkeit, Risikomanagement und Unternehmensführung.
Die Ernennung stärkt das Führungsteam von Eco Wave Power in seiner Mission, die Technologie der Wellenenergie zu kommerzialisieren. Die beratende Rolle hat keinen Governance-Charakter und zielt darauf ab, strategische Orientierung für die Expansion des Unternehmens im Bereich der erneuerbaren Energien zu bieten.
- Strategic appointment of experienced energy and financial sector executive with strong sustainability expertise
- Addition of board member from major energy company (Vistra Energy) strengthening industry connections
- Enhanced corporate governance through experienced risk management professional
- Advisory role carries no governance responsibilities, limiting direct influence on company decisions
Stockholm, Sweden--(Newsfile Corp. - March 20, 2025) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading onshore wave energy technology company, is pleased to announce the appointment of Hilary E. Ackermann to its Advisory Board.
Hilary E. Ackermann
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Ackermann, a recognized leader in energy sustainability and risk management, brings a wealth of expertise to Eco Wave Power. Since 2018, she has served on the Board of Directors of Vistra Energy, where she is Chair of the Sustainability and Risk Committee and a member of the Generation and Safety Committee. With extensive experience guiding energy companies through the complexities of clean energy transitions, regulatory compliance, and sustainable business practices, her insights will be invaluable in supporting Eco Wave Power's expansion and technological advancements.
"We are thrilled to welcome Hilary Ackermann to the Advisory Board," said Inna Braverman, CEO, Eco Wave Power. "Her deep understanding of energy markets, sustainability governance, and risk management aligns perfectly with our vision for the future of wave energy. As Eco Wave Power continues to scale its innovative technology and integrate into the global renewable energy landscape, her influence will help drive our efforts toward long-term sustainability and impact."
Ackermann has over three decades of experience in the energy and financial sectors, specializing in corporate governance, sustainability frameworks, and strategic risk assessment. She was previously a board member of Dynegy Inc. and joined Vistra Energy's board following its acquisition of Dynegy.
Before her corporate governance roles, Ackermann served as Chief Risk Officer of Goldman Sachs Bank USA from 2008 to 2011, following a distinguished tenure at Goldman Sachs that began in 1985. She also held senior positions in risk oversight and credit management at Swiss Bank Corporation (now UBS). Her board experience includes serving on the private Board of Directors and Audit Committee of Credit Suisse Holdings (USA), Inc. from 2017 to 2022, where she chaired the Risk Committee. She currently holds positions on the private board and audit committee of several Hartford investment funds, where she also chairs the Risk and Compliance Committee. Additionally, she has previously served as a public board member of Apollo Investment Corporation as a member of the Audit Committee. In 2020 Ms. Ackermann was named in NACD Directorship 100 as one of the most influential leaders in the boardroom. Additionally, in 2018, Ms. Ackermann was named among the Most Influential Corporate Board Directors by WomenInc.
Ackermann holds a bachelor's degree in Russian from Georgetown University.
"I am excited to join the Advisory Board of Eco Wave Power at such a pivotal time for the renewable energy industry," said Ackermann. "As global energy markets increasingly shift toward sustainable solutions, wave energy represents a key opportunity for reliable and scalable clean power. I look forward to contributing to Eco Wave Power's mission and helping to drive innovation in ocean energy."
With this appointment, Eco Wave Power further strengthens its leadership team, reinforcing its commitment to accelerating the commercialization of wave energy as a vital part of the clean energy transition.
Eco Wave Power established an advisory board as of today to provide strategic guidance and insight to the Company. This appointment is advisory in nature and does not confer any governance responsibilities.
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy company revolutionizing clean energy with its patented, smart, and cost-efficient technology that converts ocean and sea waves into sustainable electricity.
Dedicated to combating climate change, Eco Wave Power operates the first grid-connected wave energy system in Israel, co-funded by EDF Renewables IL and the Israeli Energy Ministry, which recognized the technology as a "Pioneering Technology."
Expanding globally, Eco Wave Power is preparing to install projects at the Port of Los Angeles, Taiwan, and Portugal, adding to its impressive project pipeline totaling 404.7 MW. The company has received support from prestigious institutions such as the European Union Regional Development Fund, Innovate UK, and the Horizon 2020 program, and was honored with the United Nations' Global Climate Action Award.
Eco Wave Power's American Depositary Shares (WAVE) are traded on the Nasdaq Capital Market. Learn more at www.ecowavepower.com.
Information on, or accessible through, the websites mentioned above does not form part of this press release.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and other federal securities laws. For example, the Company is using forward-looking statements in this press release when it discusses: the belief that Ms. Ackermann's appointment to Eco Wave Power's advisory board will drive the Company's efforts towards long-term sustainability and impact, the belief that wave energy represents a key opportunity for reliable and scalable clean power and the belief that the Company reinforces its commitment to accelerated the commercialization of wave energy as a vital part of the clean energy transition. These forward-looking statements and their implications are neither historical facts nor assurances of future performance and are based on the current expectations of the management of Eco Wave Power and are subject to a number of factors, uncertainties and changes in circumstances that are difficult to predict and may be outside of Eco Wave Power's control that could cause actual results to differ materially from those described in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Except as otherwise required by law, Eco Wave Power undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco Wave Power is contained under the heading "Risk Factors" in Eco Wave Power's Annual Report on Form 20-F for the fiscal year ended December 31, 2024, filed with the SEC on March 3, 2025, which is available on the on the SEC's website, www.sec.gov, and other documents filed or furnished to the SEC. Any forward-looking statement made in this press release speaks only as of the date hereof. References and links to websites have been provided as a convenience and the information contained on such websites is not incorporated by reference into this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245400
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