Capstone Green Energy adds Robert Beard to board of directors

Capstone Green Energy Holdings, Inc. (OTCID: CGEH) announced Robert F. Beard's election to its board of directors, effective August 12, 2025, following the company's virtual annual stockholders meeting.

Beard will serve as a Class I Director and member of both the Audit Committee and Compensation and Human Capital Committee. His appointment brings the board to eight members, according to the company's statement.

The new director brings more than 35 years of experience in the energy industry. He currently serves on the board of directors for Black Hills Corporation and previously held board positions with UGI Utilities and the American Gas Association.

Most recently, Beard served as Chief Operating Officer of UGI Corporation and Chief Executive Officer of UGI Utilities. During his tenure, he oversaw multi-billion dollar capital investments and directed the $1.3 billion acquisition of a midstream company.

Beard holds a Master of Management and a Bachelor of Science in Petroleum and Natural Gas Engineering from Pennsylvania State University, where he also chairs the Finance and Investment Committee of the Board of Trustees. He is a Licensed Professional Engineer in Pennsylvania.

"Capstone's mission to deliver innovative, clean energy solutions strongly aligns with the values and priorities I've championed throughout my career," Beard stated in the company's announcement.

Capstone Green Energy develops microturbine technology for commercial, industrial, and utility-scale customers. The company reports having shipped over 10,600 units to 88 countries through its distributor network.

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