FuelCell Energy names cybersecurity vet to board

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FuelCell Energy (NASDAQ: FCEL) elected cybersecurity entrepreneur and former McKinsey leader John Livingston to its Board of Directors, effective May 19, 2026. Livingston brings 25+ years of experience in strategy, industrial operations, technology and cybersecurity that aligns with FuelCell Energy’s focus on resilient, infrastructure-grade clean power for data centers and other critical applications.

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Positive

Adds 25+ years of strategy, technology and cybersecurity experience to the board

Founder and former CEO of Verve Industrial Protection, focused on critical infrastructure OT security

Background with McKinsey advising industrial, technology and infrastructure clients on growth and transformation

Experience with data centers, hyperscalers and AI infrastructure operators facing expanding cyber attack surfaces

05/21/2026 – 08:30 AM

DANBURY, Conn., May 21, 2026 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (NASDAQ: FCEL) announced that John Livingston has joined its Board of Directors, effective May 19, 2026. Livingston brings more than 25 years of experience at the intersection of strategy, technology, industrial operations and cybersecurity, advising and building businesses that operate in complex, mission-critical infrastructure environments. His background closely aligns with FuelCell Energy’s focus on delivering resilient, infrastructure-grade power solutions for data centers, digital infrastructure, utilities and other critical applications. “John Livingston has spent his distinguished career helping industrial and technology companies navigate periods of operational and technology transformation across strategy, business operations, and cybersecurity. This makes him a strong addition to our Board as energy systems grow in complexity, AI-driven demand and digital infrastructure increasingly converge and cyber threat risk increase,” said Jason Few President and Chief Executive Officer of FuelCell Energy. Deep Experience in Corporate Strategy and Industrial Leadership Livingston established Verve Industrial Protection, served as its CEO, and transformed it into a leading operational technology cybersecurity platform for critical infrastructure. Verve was acquired by Rockwell Automation, a global leader in digital transformation and industrial automation. His extensive experience in operational technology environments strengthens FuelCell Energy’s Board and enhances the Company’s ability to collaborate with data center operators, hyperscalers and AI infrastructure firms facing an expanding attack surface — including substations, chillers, battery energy storage systems, on-site generation, building management systems and control networks. Livingston also spent more than 20 years at McKinsey & Co., advising industrial, technology and infrastructure clients on growth strategy, operational transformation and technology-enabled change, and where he held multiple leadership roles focused on industrial technologies and advanced manufacturing. “FuelCell Energy is in the right place at the right time with reliable behind-the-meter power solutions that the AI economy demands,” Livingston said. “I’ve watched with great interest and admiration as the Company has established itself as a key player at the intersection of clean power and resilience. I’m excited to support the Board and management team as we advance our long-term strategy and commercial focus.” About FuelCell Energy FuelCell Energy is an American clean energy technology company delivering continuous, scalable baseload power for mission-critical applications globally. The Company’s fuel cell systems generate electricity directly at the point of use, enabling reliable, low-emissions power for data centers, industrial facilities, utilities and distributed generation customers. FuelCell Energy delivers commercially proven, modular, utility-scale systems backed by global fuel cell deployments approaching one gigawatt. Learn more at www.FuelCellEnergy.com. Contact: Media Relations: Kathleen [email protected] Investor Relations: [email protected]

FAQ

Who is John Livingston joining FuelCell Energy (NASDAQ: FCEL) board in May 2026?

John Livingston is a cybersecurity entrepreneur and former McKinsey leader joining FuelCell Energy’s board effective May 19, 2026. According to FuelCell Energy, he brings over 25 years of experience in strategy, industrial operations, technology and cybersecurity for mission-critical infrastructure environments.

Why did FuelCell Energy (FCEL) elect John Livingston to its Board of Directors?

FuelCell Energy elected John Livingston to strengthen board expertise in strategy, industrial operations and cybersecurity. According to FuelCell Energy, his background supports the company’s focus on resilient, infrastructure-grade power solutions for data centers, digital infrastructure, utilities and other critical, cyber-exposed applications.

How could John Livingston’s cybersecurity background benefit FuelCell Energy (FCEL) shareholders?

John Livingston’s cybersecurity background may help FuelCell Energy address risks facing data centers and critical infrastructure. According to FuelCell Energy, his experience in operational technology environments can enhance collaboration with hyperscalers and AI infrastructure firms managing complex assets and expanding cyber attack surfaces.

What is John Livingston’s experience before joining the FuelCell Energy (FCEL) board?

Before joining FuelCell Energy’s board, John Livingston founded Verve Industrial Protection and spent over 20 years at McKinsey. According to FuelCell Energy, he led Verve as CEO and held multiple leadership roles at McKinsey focused on industrial technologies and advanced manufacturing.

How does John Livingston view FuelCell Energy’s role in the AI and data center power market?

John Livingston views FuelCell Energy as well positioned to serve AI-driven power needs with reliable behind-the-meter solutions. According to FuelCell Energy, he sees the company as a key player where clean power, resilience and the growing AI and digital infrastructure economy intersect.

What operational technology expertise does John Livingston add to FuelCell Energy (FCEL)?

John Livingston adds operational technology cybersecurity expertise gained building Verve Industrial Protection for critical infrastructure. According to FuelCell Energy, this experience supports work with data centers, hyperscalers and AI firms managing substations, chillers, storage systems, on-site generation, building controls and industrial networks.