Eco Wave Power Boosts Board Strength with Election of Renowned Risk & Sustainability Expert Hilary Ackermann, Strengthening U.S. Strategy Ahead of Port of LA Project Official Opening
Eco Wave Power (NASDAQ: WAVE) has elected Hilary E. Ackermann to its Board of Directors following approval at the company's AGM. Ackermann, previously on the company's Advisory Board, brings extensive experience in energy sustainability, corporate governance, and risk management.
The appointment comes strategically ahead of the official opening of Eco Wave Power's first U.S. wave energy project at the Port of Los Angeles, developed with Shell and AltaSea. Ackermann currently serves on Vistra Energy's Board, chairing its Sustainability and Risk Committee, and brings over three decades of experience from roles at Goldman Sachs and UBS.
Eco Wave Power (NASDAQ: WAVE) ha nominato Hilary E. Ackermann nel suo Consiglio di Amministrazione, a seguito dell'approvazione durante l'Assemblea Generale Annuale della società. Ackermann, già membro del Consiglio Consultivo dell'azienda, porta con sé una vasta esperienza in sostenibilità energetica, governance aziendale e gestione del rischio.
La nomina arriva in modo strategico prima dell'inaugurazione ufficiale del primo progetto di energia dalle onde negli Stati Uniti, al Porto di Los Angeles, sviluppato in collaborazione con Shell e AltaSea. Attualmente Ackermann è membro del Consiglio di Vistra Energy, dove presiede il Comitato per la Sostenibilità e il Rischio, e vanta oltre trent'anni di esperienza in ruoli presso Goldman Sachs e UBS.
Eco Wave Power (NASDAQ: WAVE) ha elegido a Hilary E. Ackermann para su Junta Directiva tras la aprobación en la Asamblea General Anual de la compañía. Ackermann, que anteriormente formaba parte del Consejo Asesor de la empresa, aporta una amplia experiencia en sostenibilidad energética, gobierno corporativo y gestión de riesgos.
El nombramiento se produce estratégicamente antes de la apertura oficial del primer proyecto de energía undimotriz de Eco Wave Power en Estados Unidos, en el Puerto de Los Ángeles, desarrollado junto con Shell y AltaSea. Ackermann actualmente forma parte de la Junta de Vistra Energy, donde preside el Comité de Sostenibilidad y Riesgos, y cuenta con más de treinta años de experiencia en roles en Goldman Sachs y UBS.
Eco Wave Power (NASDAQ: WAVE)는 회사의 연례 주주총회에서 승인된 후 Hilary E. Ackermann을 이사회 멤버로 선임했습니다. 이전에 회사 자문위원회에 있던 Ackermann은 에너지 지속 가능성, 기업 거버넌스 및 리스크 관리 분야에서 풍부한 경험을 가지고 있습니다.
이번 선임은 Shell 및 AltaSea와 함께 개발한 로스앤젤레스 항구에서의 Eco Wave Power의 첫 미국 파력 에너지 프로젝트 공식 개장에 앞서 전략적으로 이루어졌습니다. Ackermann은 현재 Vistra Energy 이사회에서 지속 가능성 및 리스크 위원회 의장을 맡고 있으며, Goldman Sachs와 UBS에서 30년 이상의 경력을 보유하고 있습니다.
Eco Wave Power (NASDAQ : WAVE) a nommé Hilary E. Ackermann à son conseil d'administration suite à l'approbation lors de l'assemblée générale annuelle de la société. Ackermann, auparavant membre du conseil consultatif de l'entreprise, apporte une vaste expérience en durabilité énergétique, gouvernance d'entreprise et gestion des risques.
Cette nomination intervient stratégiquement avant l'ouverture officielle du premier projet d'énergie des vagues d'Eco Wave Power aux États-Unis, au port de Los Angeles, développé en collaboration avec Shell et AltaSea. Ackermann siège actuellement au conseil d'administration de Vistra Energy, où elle préside le comité de durabilité et de gestion des risques, et possède plus de trente ans d'expérience chez Goldman Sachs et UBS.
Eco Wave Power (NASDAQ: WAVE) hat Hilary E. Ackermann in seinen Vorstand berufen, nachdem dies auf der Hauptversammlung des Unternehmens genehmigt wurde. Ackermann, zuvor Mitglied des Beirats des Unternehmens, bringt umfassende Erfahrung in den Bereichen Energie-Nachhaltigkeit, Unternehmensführung und Risikomanagement mit.
Die Ernennung erfolgt strategisch vor der offiziellen Eröffnung von Eco Wave Powers erstem US-Wellenenergieprojekt im Hafen von Los Angeles, das gemeinsam mit Shell und AltaSea entwickelt wurde. Ackermann ist derzeit Mitglied im Vorstand von Vistra Energy, wo sie den Ausschuss für Nachhaltigkeit und Risiko leitet, und verfügt über mehr als drei Jahrzehnte Erfahrung bei Goldman Sachs und UBS.
- Strategic board appointment strengthens U.S. presence ahead of Port of LA project launch
- New director brings extensive energy sector and risk management expertise
- Collaboration with major partners Shell and AltaSea for Port of LA project
- None.
Stockholm, Sweden--(Newsfile Corp. - July 17, 2025) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading onshore wave energy technology company, is pleased to announce the election of Hilary E. Ackermann to its Board of Directors, following approval at the Company's Annual General Meeting (AGM).
Ms. Ackermann, who previously served on Eco Wave Power's Advisory Board, is a recognized leader in energy sustainability, corporate governance, and risk management. Her transition to the formal Board of Directors reflects the Company's commitment to strengthening its global leadership team as it accelerates commercialization—particularly in the United States.
Ms. Ackermann's appointment comes at a strategically significant time for the Company, ahead of the official opening of Eco Wave Power's first U.S. wave energy project at the Port of Los Angeles, developed in collaboration with Shell and AltaSea.
"We are honored to welcome Hilary to our Board of Directors," said Inna Braverman, CEO of Eco Wave Power. "Her distinguished career in clean energy oversight, risk strategy, and governance will be instrumental as we scale our global footprint and continue integrating wave energy into the renewable power mix."
Ms. Ackermann currently serves on the Board of Directors of Vistra Energy, where she chairs the Sustainability and Risk Committee and is a member of the Generation and Safety Oversight Committee. She has over three decades of experience in the energy and financial sectors, including senior roles at Goldman Sachs, and Swiss Bank Corporation (now UBS). Her prior board experience includes Dynegy Inc., Apollo Investment Corporation, Credit Suisse Holdings (USA), and several Hartford investment funds.
In recognition of her boardroom leadership, Ms. Ackermann was named to the NACD Directorship 100 in 2020 and listed among Women Inc.'s Most Influential Corporate Directors in 2018.
"I am excited to join Eco Wave Power's Board of Directors and contribute to the Company's mission of delivering scalable, cost-efficient wave energy solutions," said Ackermann. "Eco Wave Power's pioneering technology and expanding project pipeline represent a compelling model for renewable energy innovation, and I look forward to supporting its strategic growth and governance."
With this appointment, Eco Wave Power strengthens its corporate governance framework and reinforces its long-term commitment to excellence, transparency, and sustainability in the energy transition.
About Eco Wave Power Global AB (publ)
Eco Wave Power (NASDAQ: WAVE) is a pioneering onshore wave energy company transforming ocean and sea waves into clean, cost-efficient electricity using its patented and intelligent technology.
With a strong commitment to addressing climate change, the company developed and operates Israel's first grid-connected wave energy power station—recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and co-funded by EDF Renewables IL.
Eco Wave Power is actively expanding its global footprint, with upcoming projects planned in the Port of Los Angeles, Portugal, Taiwan, and India—contributing to a growing project pipeline of 404.7 MW.
The company has earned support and recognition from leading international organizations, including the European Union Regional Development Fund, Innovate UK, and the Horizon 2020 program, and is a proud recipient of the United Nations Global Climate Action Award.
Eco Wave Power's American Depositary Shares are listed on the Nasdaq Capital Market under the symbol "WAVE." For more information, please visit www.ecowavepower.com.
Note: Information available on or through the websites mentioned herein does not form part of this press release.
For press inquiries, please contact: info@ecowavepower.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and other federal securities laws. For example, the Company is using forward-looking statements in this press release when it discusses: the acceleration of U.S. commercialization, the belief that Ms. Ackermann's appointment to Eco Wave Power's Board of Directors is coming at a strategically significant time for the Company, and that Ms. Ackermann's appointment will be instrumental as the Company scales its global footprint and continues integrating wave energy into the renewable power mix. These forward-looking statements and their implications are neither historical facts nor assurances of future performance and are based on the current expectations of the management of Eco Wave Power and are subject to a number of factors, uncertainties and changes in circumstances that are difficult to predict and may be outside of Eco Wave Power's control that could cause actual results to differ materially from those described in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Except as otherwise required by law, Eco Wave Power undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco Wave Power is contained under the heading "Risk Factors" in Eco Wave Power's Annual Report on Form 20-F for the fiscal year ended December 31, 2024, filed with the SEC on March 3, 2025, which is available on the on the SEC's website, www.sec.gov, and other documents filed or furnished to the SEC. Any forward-looking statement made in this press release speaks only as of the date hereof. References and links to websites have been provided as a convenience and the information contained on such websites is not incorporated by reference into this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259113
FAQ
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