FuelCell governance changes, new chairman, expanded board

|About: FuelCell Energy, Inc. (FCEL)|By:, SA News Editor

FuelCell Energy (NASDAQ:FCEL) has adopted a mandatory director retirement age of 75 and set a director term limit of 12 years, subject to certain exceptions necessary to ensure an orderly transition of positions.

James Herbert England has also been appointed the new Chairman of the Board of Directors, replacing John Rolls, who has served on the Board of Directors of FuelCell Energy since 2000.

The company further expanded the board by two director to nine members.

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