Energous Corporation Names Dan Fairfax Chairman of the Board
December 22 2020 - 6:05AM
Business Wire
The board director assumes role following the
retirement of Chairman Robert J. Griffin; Energous also announces
additions to the company’s board of advisors
Energous Corporation (Nasdaq: WATT), the developer of WattUp®, a
revolutionary Wireless Charging 2.0 technology, today announced
that current board director Dan Fairfax has been named chairman of
the board as current Chairman Robert J. Griffin will step down from
the position.
Griffin, who has served on the Energous Board of Directors for
the past six years, is stepping down to begin his retirement after
23 years running his own retail sales and marketing firm. Assuming
the role of chairman of the board is Fairfax, who joined Energous’
board as a director in April 2019 and has more than 30 years of
financial and operational leadership experience at technology
companies including Foundry Networks and Brocade Communications
Systems, which was acquired by Broadcom in 2017. In addition to
serving on Energous' board, he is also a member of the board of
directors at Super Micro Computer and Saama Technologies. This
change to the board coincides with Energous Advisory Board Member
Sheryl Wilkerson’s transition to the company’s board of directors
in October.
“It’s an honor to follow a chairman who possesses the strong
leadership qualities and expertise that Robert has brought to the
board, and he will be missed,” said Fairfax. “I’m also eager to
continue the momentum Robert helped generate as Energous expands
applications of WattUp, and firmly believe we have the right team
and the right technology in place to increase market adoption of
wireless charging 2.0 technology.”
“It’s been a privilege to serve alongside Robert on the board.
We thank him for his superb leadership and support and wish him all
the best for his retirement,” said Energous CEO Stephen R. Rizzone.
“Robert leaves the board and Energous well-positioned for future
success, a testament to his phenomenal work at Energous, and I
can’t think of a better person than Dan to help steer us. He has
the experience and approach required to excel as chairman and to
help Energous continue leading the development of next-gen wireless
charging.”
“Over the years I’ve seen the wireless charging market grow and
evolve, and Energous has been firmly at the center of this
revolution,” said Griffin. “Though I am stepping down to begin my
retirement, I have no doubt in Dan’s ability to take over and lead
the board with the energy, industry insight and expertise he has
brought to Energous from day one. Dan is a perfect fit to help lead
Energous’ ongoing mission to drive forward wireless charging
2.0.”
In addition, Energous will add two new members to its board of
advisors: Michael Andreozzi, CEO at Beltone New England, and Dooroo
Lim, project leader at SK Telesys. Andreozzi serves as CEO at
Beltone New England, the largest hearing aid dispensing and
audiology practice in New England and holds over 37 years of
experience in the medical device industry. Prior to joining
Beltone, he served as president of Miracle-Ear, owning and
operating the hearing-aid company’s franchise in Rhode Island and
Connecticut for 14 years. Andreozzi also currently sits on several
other boards, including the board of governors with International
Hearing Aid Society, National Advisory Council at Beltone
Electronics in Chicago and GN Hearing Care in Denmark.
Lim is currently a project leader at wireless coverage solutions
company SK Telesys, where he has led overseas sales and marketing,
and contributed to the first commercialization of Energous’
RF-based WattUp technology in 2019 with the Delight Oasis-RC
over-the-counter hearing aid. Prior to joining SK Telesys, Lim
began Telesquare, LTE and WiMAX module and data card manufacturing,
and was granted a military WiMAX module project from Samsung
Thales. He also previously served as a team leader of C-motech,
principal engineer at Ace Antenna, and a system engineer at Hyundai
Electronics.
To learn more about Energous, please visit Energous.com or
follow the company on Twitter, Facebook and LinkedIn.
About Energous
Corporation
Energous Corporation (Nasdaq: WATT) is leading the next
generation of wireless charging – wireless charging 2.0 – with its
award-winning WattUp® technology, which supports fast, efficient
contact-based charging, as well as charging at a distance. WattUp
is a scalable, RF-based wireless charging technology that offers
substantial improvements in contact-based charging efficiency,
foreign object detection, orientation freedom and thermal
performance compared to older, coil-based charging technologies.
The technology can be designed into many different sized electronic
devices for the home and office, as well as the medical,
industrial, retail, and automotive industries, and it ensures
interoperability across products. Energous develops silicon-based
wireless power transfer (WPT) technologies and customizable
reference designs. These include innovative silicon chips,
antennas, and software, for a large variety of applications, such
as smartphones, fitness trackers, hearables, medical sensors and
more. Energous received the world’s first FCC Part 18 certification
for at-a-distance wireless charging, and the company has 229
awarded patents for its WattUp wireless charging technology
to-date. For more information, please visit Energous.com.
Safe Harbor Statement
This press release contains forward-looking statements that
describe our future plans and expectations. These statements
generally use terms such as “believe,” “expect,” “may,” “will,”
“should,” “could,” “seek,” “intend,” “plan,” “estimate,”
“anticipate” or similar terms. Examples of our forward-looking
statements in this release include our statements about technology
developments, partner product development and wireless charging
innovation. Our forward-looking statements speak only as of this
date; they are based on current expectations and we undertake no
duty to update them. Factors that could cause actual results to
differ from what we expect include: the impact of the COVID-19
outbreak on the U.S. and global economies generally and on our
business, regulatory approvals, product development, employees,
partners, customers and potential user base; uncertain timing of
necessary regulatory approvals; timing of customer product
development and market success of customer products; our dependence
on distribution partners; and intense industry competition. We urge
you to consider those factors, and the other risks and
uncertainties described in our most recent annual report on Form
10-K and subsequent quarterly reports on Form 10-Q, in evaluating
our forward-looking statements.
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Energous Public Relations PR@energous.com (408)
963-0200
Energous Investor Relations Mike Bishop (415) 894-9633
IR@energous.com
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