AirJoule Technologies Announces Two New Appointments to its Board of Directors
AirJoule Technologies (NASDAQ: AIRJ), developer of the AirJoule® water separation system, has announced two new appointments to its Board of Directors. Denise Sterling, former CFO of Core Scientific, and Thomas Murphy, former Partner at Crowe LLP, join the board following the departures of Paul Dabbar and Kyle Derham.
Dabbar stepped down following his confirmation as Deputy Secretary of Commerce, while Derham left to pursue opportunities with Rice Investment Group. Sterling brings extensive experience in data center operations and financial services, while Murphy contributes significant audit and advisory expertise, particularly in SEC commercial practices and data analytics.
AirJoule Technologies (NASDAQ: AIRJ), sviluppatore del sistema di separazione dell'acqua AirJoule®, ha annunciato due nuove nomine nel suo Consiglio di Amministrazione. Denise Sterling, ex CFO di Core Scientific, e Thomas Murphy, ex Partner di Crowe LLP, si uniscono al consiglio dopo le dimissioni di Paul Dabbar e Kyle Derham.
Dabbar si è dimesso dopo la sua nomina a Vice Segretario del Commercio, mentre Derham ha lasciato per intraprendere nuove opportunità con Rice Investment Group. Sterling porta con sé una vasta esperienza nelle operazioni di data center e nei servizi finanziari, mentre Murphy offre una significativa competenza in ambito di audit e consulenza, in particolare nelle pratiche commerciali SEC e nell'analisi dei dati.
AirJoule Technologies (NASDAQ: AIRJ), desarrollador del sistema de separación de agua AirJoule®, ha anunciado dos nuevos nombramientos en su Junta Directiva. Denise Sterling, ex CFO de Core Scientific, y Thomas Murphy, ex socio de Crowe LLP, se unen a la junta tras las salidas de Paul Dabbar y Kyle Derham.
Dabbar renunció tras ser confirmado como Subsecretario de Comercio, mientras que Derham salió para buscar nuevas oportunidades con Rice Investment Group. Sterling aporta amplia experiencia en operaciones de centros de datos y servicios financieros, mientras que Murphy contribuye con una importante experiencia en auditoría y asesoría, especialmente en prácticas comerciales de la SEC y análisis de datos.
AirJoule Technologies (NASDAQ: AIRJ)는 AirJoule® 수분 분리 시스템 개발사로, 이사회에 두 명의 새로운 임원을 임명했다고 발표했습니다. Denise Sterling 전 Core Scientific CFO와 Thomas Murphy 전 Crowe LLP 파트너가 Paul Dabbar와 Kyle Derham의 퇴임 후 이사회에 합류했습니다.
Dabbar는 상무부 부장관으로 임명되어 사임했으며, Derham은 Rice Investment Group에서 새로운 기회를 추구하기 위해 떠났습니다. Sterling은 데이터 센터 운영 및 금융 서비스 분야에서 풍부한 경험을 가지고 있으며, Murphy는 특히 SEC 상업 관행 및 데이터 분석 분야에서 중요한 감사 및 자문 전문 지식을 제공합니다.
AirJoule Technologies (NASDAQ : AIRJ), développeur du système de séparation d'eau AirJoule®, a annoncé deux nouvelles nominations à son conseil d'administration. Denise Sterling, ancienne directrice financière de Core Scientific, et Thomas Murphy, ancien associé chez Crowe LLP, rejoignent le conseil suite aux départs de Paul Dabbar et Kyle Derham.
Dabbar a démissionné après sa confirmation en tant que secrétaire adjoint au Commerce, tandis que Derham est parti pour poursuivre des opportunités avec Rice Investment Group. Sterling apporte une vaste expérience en opérations de centres de données et services financiers, tandis que Murphy offre une expertise significative en audit et conseil, notamment dans les pratiques commerciales de la SEC et l'analyse de données.
AirJoule Technologies (NASDAQ: AIRJ), Entwickler des AirJoule® Wassertrennungssystems, hat zwei neue Mitglieder in seinen Vorstand berufen. Denise Sterling, ehemalige CFO von Core Scientific, und Thomas Murphy, ehemaliger Partner bei Crowe LLP, treten dem Vorstand nach dem Ausscheiden von Paul Dabbar und Kyle Derham bei.
Dabbar trat nach seiner Bestätigung als Stellvertretender Handelsminister zurück, während Derham das Unternehmen verließ, um neue Möglichkeiten bei der Rice Investment Group zu verfolgen. Sterling bringt umfangreiche Erfahrung in der Rechenzentrumsverwaltung und Finanzdienstleistungen mit, während Murphy bedeutende Expertise in der Prüfung und Beratung, insbesondere im Bereich der SEC-Handelspraktiken und Datenanalyse, beisteuert.
- Addition of two highly qualified board members with relevant expertise in data centers and financial oversight
- Former board member elevated to Deputy Secretary of Commerce position, indicating high-caliber leadership
- Strategic strengthening of financial oversight with two CPAs joining the board
- Loss of two experienced board members, including one with government connections
- Potential disruption in board continuity during company's commercialization phase
Incoming Board directors bring significant expertise in data centers and financial oversight
RONAN, Mont., June 26, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), the developer of the transformational AirJoule® system for separating pure water from air, today announced that it has appointed Denise Sterling and Thomas Murphy to its Board of Directors to fill vacancies created by Paul Dabbar and Kyle Derham’s departures. Mr. Dabbar was confirmed by the U.S. Senate as Deputy Secretary of Commerce on June 25, 2025, and, as a result, under federal ethics rules governing such high-level appointments, was required to relinquish all private sector positions and holdings, including his seat on the AirJoule Technologies Board. Additionally, Mr. Derham resigned to pursue other business opportunities with the Rice Investment Group.
“On behalf of the entire Board and management team, I want to express our gratitude and thank Paul and Kyle for their outstanding service to our Company,” said Pat Eilers, Executive Chairman of AirJoule Technologies. “They have helped shape our strategy and build momentum as we work to commercialize our transformational AirJoule® system, and we wish them well. We are incredibly proud of Paul’s appointment to the Department of Commerce and know his leadership will make a significant positive impact on the United States of America.”
Denise Sterling most recently served as Chief Financial Officer of Core Scientific, Inc., a leading data center developer and operator, from 2022 to 2025. Prior to joining Core Scientific in 2021, she held the position of Senior Vice President of FP&A and Finance at Oportun, a financial services company focused on consumer credit, from 2018 to 2021. Ms. Sterling previously served in various tax and finance roles for Visa from 1995 to 2018, including as Senior Vice President of the Global Risk Management team from 2016 to 2018. Ms. Sterling holds a bachelor’s degree in accounting from San Francisco State University and a master’s degree in tax from Golden Gate University. She is a Certified Public Accountant.
Thomas Murphy previously held leadership roles as a Partner in the Audit and Advisory practices at Crowe LLP until his retirement in 2020. During his time at Crowe LLP, Mr. Murphy served as the Partner in Charge of the SEC Commercial Audit Practice, as well as Lead Partner for several prominent private equity clients. He also played a key role in launching the Advisory group’s data analytics practice. Prior to joining Crowe in 1993, he served as a Senior Manager at EY. Mr. Murphy holds a bachelor’s degree in Business Administration from the University of Notre Dame and is a Certified Public Accountant.
“We’re thrilled to welcome both Denise and Thomas to the AirJoule Technologies Board given their stellar reputations and professional expertise,” said Matt Jore, CEO of AirJoule Technologies. “Their collective expertise, which includes data center finance and operations, as well as rigorous financial oversight, will be invaluable as we scale our technology and prepare for commercial deployment. I echo Pat’s appreciation for Paul and Kyle and their significant contributions to AIRJ.”
About AirJoule Technologies Corporation
AirJoule Technologies Corporation (NASDAQ: AIRJ) is a water harvesting technology company and the developer of the AirJoule® system that produces pure distilled water from air. Designed to reduce energy consumption and generate material cost efficiencies, AirJoule® is being commercialized through a joint venture with GE Vernova and in partnership with Carrier Global Corporation. For more information, visit https://airjouletech.com.
Contact
Investor Relations & Media:
Tom Divine – Vice President, Investor Relations and Finance
investors@airjouletech.com
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