Bloom Energy adds Jim Snabe to board of directors

Bloom Energy (NYSE: BE) announced that Jim Hagemann Snabe has joined its board of directors, according to a company press release.

Snabe brings more than three decades of experience in the information technology and industrial sectors. He previously served as co-CEO of SAP, a global enterprise applications company, and currently chairs Siemens AG. His past roles include vice chair of Allianz SE and chair of A.P. Møller - Mærsk. He currently serves on boards at Temasek, C3 AI, and the World Economic Forum, and advises Deutsche Bank.

"Jim's proven success in scaling global enterprises at SAP, Maersk, and Siemens will be invaluable in our drive to bring clean, reliable, and affordable power to businesses and communities worldwide," said KR Sridhar, Founder, Chairman and CEO of Bloom Energy.

Jeffrey Immelt, lead independent director of Bloom Energy and former Chairman and CEO of GE, said Snabe "brings a lifetime of experience in energy markets, global development, leadership and innovation."

"I'm excited to join Bloom Energy's board at a time when the market urgently needs scalable energy solutions," Snabe said. "Bloom's technology is uniquely positioned to meet the growing demand for reliable, affordable and sustainable energy."

Bloom Energy produces fuel cell systems that provide onsite electricity generation for Fortune 500 companies. The San Jose, California-based company has deployed 1.5 gigawatts of power across more than 1,200 installations globally, serving data centers, semiconductor manufacturing, utilities, and other commercial and industrial sectors.

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