Loop Energy adds Brad Miller to Board of Directors
By Becky Schultz31 January 2023
Loop Energy, a designer and manufacturer of hydrogen fuel cells for commercial mobility, has added Brad Miller to its Board of Directors.
According to the company, Miller’s addition is part of the evolution of the board, an effort that began in 2022 with the appointment of Kent Thexton as board chair and Paul Cataford as director, corporate secretary and CFO. The intent is to strengthen the board’s leadership and expertise as the company focuses on the next stage of growth and develops a path to profitability, Loop Energy noted.
Miller’s experience includes building and scaling multiple clean technology manufacturing businesses to profitability. His company, AdvanTec Global Innovations, expanded into developing reformers for stationary hydrogen-electric generators and hydrogen fueling station equipment. Miller also founded IMW Industries, a manufacturer of compressed natural gas (CNG) equipment, and grew it to more than $100 million in revenue and 700 employees worldwide.
Loop Energy Chairman Kent Thexton said the company is looking forward to drawing on Miller’s experience in the hydrogen and cleantech sectors. “Brad’s knowledge and expertise in scaling manufacturing operations is a key value-add at the board level as we grow Loop Energy and leverage its proprietary technology,” he commented.
“Brad’s experience scaling manufacturing operations and driving profit margins will be beneficial to Loop Energy and our team,” agreed Ben Nyland, Loop Energy president and CEO. “More focus on emerging and profitable market segments and an emphasis on sizing our operation to current market conditions will drive profitability and shareholder value appreciation sooner.”
With Miller’s addition, Nyland said both management and the board are now aligned on a vision and a direction forward for the company.