GlobeNewswire·Nov 9, 2026, 8:30 AM ET

NOMAD Power Solutions Appoints Michael Hilmer Executive Chairman

NOMAD Power Solutions, Inc. appointed Michael Hilmer, previously an advisor, as Executive Chairman effective November 9, 2026.
Hilmer will succeed Geordan Pursglove, who is stepping down as CEO and Executive Chairman to pursue other interests while remaining as a consultant.
Hilmer's mandate includes accelerating global expansion, growing the distribution footprint, and scaling the Energy-as-a-Service model involving financing, remote monitoring, & field service.
The Energy-as-a-Service model pairs NOMAD's transportable battery energy storage systems with long-term, recurring-revenue agreements.
Hilmer brings experience as a serial entrepreneur with a background in corporate structuring, M&A, & go-public transactions, including raising over $1 billion for energy-efficient equipment.
His prior work includes building dealer networks, credit platforms, & field service organizations for distributed equipment fleets.
John Travaglini, a NOMAD Director, cited Hilmer's experience as critical for scaling distribution & service models amidst rising demand from utilities, data centers, & industrial markets.
NOMAD provides utility-grade, transportable battery energy storage systems for rapid deployment in grid modernization, renewable integration, & emergency response.

Company: NOMAD Power Solutions, Inc.
Keywords: Nasdaq:NMAD, NOMAD Power Solutions, Inc., NOMAD Power Solutions, Inc, Nasdaq: NMAD, utility-grade battery energy, NOMAD Transportable Power, Michael Hilmer