New CEO confirmed for Hyzon Motors

In News2 MinutesBy NZ Trucking magazineAugust 26, 2022

Parker Meeks has been appointed president and interim chief executive for Hyzon Motors.

Most recently Hyzon’s chief strategy officer, Meeks replaces Craig Knight, who is also departing from his role as a director of the company.

Freightwaves.com reports that Knight has been ousted because of a financial quagmire over how the company reported revenue in China and managed internal financial controls.

Meeks will assume full responsibility for day-to-day management of all business lines and functions reporting to the company’s board of directors. The board will initiate a search to identify potential external and internal candidates to serve as the next CEO.

“Parker Meeks has the depth and breadth of experience in the energy, infrastructure, and transportation sectors to provide the leadership and operational expertise Hyzon needs at this critical juncture in the global energy transition,” said Elaine Wong, Hyzon’s lead independent director.

“The board is confident Mr. Meeks brings the right skillset that we need at this time.”

Meeks said his priority is to ensure the company’s manufacturing capacity is in place with the ability to scale production efficiently.

“I believe our core fuel cell technology is a distinct competitive advantage, that will allow us to innovate and introduce high-performance vehicles that support the transition to clean energy.”

Additionally, George Gu has transitioned from his executive role with the company to the non-executive chairman of the board. In his role as non-executive chairman, Gu will remain available to provide strategic counsel to Meeks, specifically related to R&D initiatives.