Mr. Murray Payne reports
DYNACERT APPOINTS BERND KRUEPER AS PRESIDENT & DIRECTOR, EXPANDING LEADERSHIP TEAM FOR GLOBAL GROWTH AND INNOVATION
DynaCERT Inc. has appointed Bernd Krueper as president of the company and as a director to serve on the board of directors of the company.
As the new president of DynaCERT, Mr. Krueper will provide hands-on supervision and senior responsibilities leading the enterprise's further development and international global worldwide expansion with a view of growing the sales volume of the company's products and the company's new production initiatives.
Jim Payne remains as chief executive officer and director of DynaCERT and continues also as chairman of the board. Former chairman Wayne Hoffman continues to serve on the board of directors of DynaCERT and takes on the new role of lead director of DynaCERT.
Mr. Krueper is a dedicated and result-driven executive with a record of more than 30 years and comprehensive experience in international leadership roles in the automotive and the off-highway industry; in sustainable energy and power generation solutions; and in precision machining.
Mr. Krueper brings to DynaCERT top management and C-suite level expertise, having founded and headed numerous entities. He has M&A (merger and acquisition) transaction skills, strong competence in finance, marketing, sales, service and operations, and restructuring and turnaround management experience. Mr. Krueper also brings to DynaCERT his experience in successfully driving profitable growth, performance increases, sustainable technology road mapping and digital transformation.
Mr. Krueper's career accomplishments include the following:
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Deputy chairman of the German engine manufacturer association VDMA (engines and systems section), representing leading German and international engine brands;
- Lobbying and consulting political authorities and decision makers in Germany and the European Union, for example on emission legislation, ESG (environmental, social and governance) criteria, renewable energy and non-fossil-fuel solutions such as hydrogen;
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Various executive adviser, supervisory board member and co-operation partner roles in start-ups and well-developed companies such as battery systems, telematics, digitalization and financial advisory;
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Six years as chief executive officer at Motorenfabrik Hatz GmbH and 2.5 years as chief executive officer of Hatz Components GmbH in southern Germany, heading turnaround management and performance increase as well as the company's development from a diesel engine manufacturer to a leading solutions provider for propulsion and power generation, including digitalization and alternative fuel, hybrid and full-electric solutions;
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Member of the supervisory board of Rolls-Royce Power Systems AG;
- 18 years of leadership experience at Rolls-Royce Power Systems, Tognum AG and MTU Friedrichshafen GmbH, including president; at Rolls-Royce Power Systems and MTU Greater China as head of sales, service and network; and at Rolls-Royce Power Systems AG as head of industrial business, marketing and distribution;
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Six years at Daimler Group; for example: product manager, sales and marketing, Maybach; senior manager, strategic planning sales and marketing worldwide, Mercedes-Benz;
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MBA (Dipl-Kfm) from Eberhard-Karls-University Tubingen, Germany, and academic education programs at University of New York, United States; University of Oxford, United Kingdom and University of St. Gallen, Switzerland;
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A levels and military service.
Mr. Krueper, president and director of DynaCERT, stated: "I am really very excited about DynaCERT's mission and its continued advancements in hydrogen technology. Working with an admirable management that is dedicated to reducing carbon emissions in internal combustion engines and staying at the forefront of hydrogen innovation is exhilarating for me. As president and director, I welcome the opportunity of collaborating in a vital part of shaping DynaCERT's strategic direction and ensuring that our innovations continue to make a positive impact throughout the world and generate profitable revenue by increasing sales growth worldwide. By planning additional key initiatives in the next few months and coming years, I look forward to leading and further propel DynaCERT's influence and positive impact in the hydrogen marketplace."
Jim Payne, chairman and chief executive officer of DynaCERT, stated: "The DynaCERT board of directors is very pleased to welcome Mr. Bernd Krueper as president and as a director of the company. Mr. Krueper is a highly dynamic and energetic executive, with a positively outgoing manner and a straightforward approach, and I look forward to working closely with him. His ambitious, self-confident and target-oriented pronounced will to succeed embraces change. Mr. Krueper will work well with the DynaCERT board of directors as he is open minded, transparent and convincing, reliable, structured, integrative, and consistent in leadership. As president, Mr. Krueper is strategic and analytic with hands-on mentality. Our entire company, our stakeholders, clients, dealers and shareholders are joining me in greeting Mr. Krueper as a dynamic strong supporter of the furtherance of our hydrogen technology on a global scale across many industries worldwide."
The new appointment to the board of directors, the new chairman, the new lead director and the office of president mentioned herein will take effect May 15, 2024. Pursuant to Bylaw No. 1 adopted by the shareholders of DynaCERT at its last annual meeting, the board of directors of the company has increased the number of directors of the company from eight directors to nine directors.
About DynaCERT Inc.
DynaCERT manufactures and distributes carbon emission reduction technology, along with its proprietary HydraLytica telematics, a means of monitoring fuel consumption and calculating GHG (greenhouse gas) emissions savings designed for the tracking of possible future carbon credits for use with internal combustion engines. As part of the growing global hydrogen economy, the company's patented technology creates hydrogen and oxygen on demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. The company's technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment.
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