$BLDP.TO

Ballard Announced Resignation Of Weichai's Nominee Directors and Sale Of Weichai's Shares

Ballard Power Systems (NASDAQ and TSX: BLDP) overnight Thursday announced the resignation of Weichai board nominees, Michael Chen and Huajie Wang, from Ballard's Board of Directors effective May 13.The resignations follow the sale of approximately 6.9 million Ballard common shares by Weichai Power through its subsidiary, Weichai Power Hong Kong International Development Co., Ltd., Ballard said. As a result of the share sales, Weichai now owns less than 15% of Ballard's outstanding shares and is no longer entitled to appoint two nominees to Ballard's board of directors under the terms of its investor rights agreement with Ballard, prompting the resignations by Chen and Wang. Going forward, Weichai will no longer be entitled to appoint nominees to Ballard's board, Ballard added."Ballard appreciates Weichai's support and partnership and thanks Michael and Huajie for their contributions as board members in our joint effort to advance fuel cell commercialization opportunities in China and globally," said Jim Roche, Chair of Ballard's Board of Directors.Shares in Ballard were at last look down 2.6% in US premarket, having lost 0.24% in regular US trade yesterday. Ballard edged down $0.01 to $5.67 in Canada yesterday.

Ballard Power Target Raised To US$4.75 From $3.15, Keeps Sector Perform at National Bank Which Notes "Strong Start to FY26 as Cost Actions Drive Sustainable Margin Gains"

Ballard Power Systems Announced Overnight Solaris Has Formally Selected It As Fuel Cell Supplier For Its Next Generation Hydrogen Bus

Ballard Power Q1 Revenue of US$19.4M, up 26% YoY; Loss Per Share from Continuing Operations US$0.04

Ballard Power Systems Appoints Ralph Robinett as Chief Operating Officer

Ballard Power Systems (BLDP.TO) on Monday said it appointed Ralph Robinett as senior vice president and chief operating officer, replacing Lee Sweetland, effective April 13, 2026.The company said that Ralph brings more than 25 years of global operations, manufacturing, supply chain, and transformation leadership experience across advanced technology and clean energy businesses.It added that, most recently, Robinett served as chief operating officer at GAF Energy. He has also held senior leadership positions at Celestica (CLS.TO), Velodyne LiDAR, and SunPower, where he oversaw international manufacturing, implementation of automation strategy, and supply chain transformation, added the company.Marty Neese, Ballard's President and Chief Executive Officer, said: "Ralph brings a powerful combination of operational discipline, global manufacturing expertise, and strategic leadership to the position. His track record of scaling complex operations, improving productivity, and building strong teams will be invaluable as we continue to execute on our strategy and position Ballard for long-term growth. I also want to thank Lee Sweetland for his contributions to Ballard and wish him well in the future."Shares in BLDP were at last look down in U.S. premarket trade, having risen by more than 6% in both the U.S. and Canada last Friday.

Ballard Power Systems Names Ralph Robinett as Chief Operating Officer