5.1.2007: Meldung: Distributed Energy Systems Corp. announced appointment
Mr. Cherry recently completed his 3-1/2-year tenure at Foster Wheeler Ltd (FWLT) as president and chief executive officer of the Foster Wheeler Global Power Group. Foster Wheeler provides design, engineering, construction, manufacturing, management, plant operations and environmental services for the power and process sectors worldwide.
Mr. Cherry has diverse experience with energy-related companies, including serving as president and chief operating officer of The Oxbow Energy and Minerals Group, an affiliate of Oxbow Corporation, an industry-leading source of solid fuel supply, bulk material logistics and clean electric power generation. He also has worked in various managerial and executive positions for General Public Utilities Corporation and United Nuclear Corporation. Mr. Cherry holds a master"s degree in nuclear engineering and a bachelor"s degree in chemistry from the University of Illinois.
"Bud Cherry has the background that enables him to combine strategic insights with deep experience in the practical, operational aspects of energy generation and industrial usage," said Robert W. Shaw, Jr., Distributed Energy"s chairman. "We all welcome him to our board and look forward to the value he will bring in helping guide our business in national and international distributed power markets."
About Distributed Energy Systems Corp.
Distributed Energy Systems Corp. (Nasdaq: DESC) creates and delivers products and solutions to the emerging decentralized energy marketplace, giving users greater control over their energy cost, quality and reliability. As the parent company of Proton Energy Systems (http://www.protonenergy.com) and Northern Power (http://www.northernpower.com), Distributed Energy Systems delivers a combination of practical, ready-today energy solutions and the solid business platforms for capitalizing on the changing energy landscape. For more information visit http://www.distributed-energy.com.
Peter J. Tallian, Chief Financial Officer of Distributed Energy
Systems Corp., +1-203-678-2148/
Web site: http://www.distributed-energy.com