Hyliion Holdings Corp (HYLN)

[WeTheMarket]

Hyliion Names a Power Generation Industry Veteran Govi Ramasamy as Chief Commercial Officer
February 09 2024
https://ih.advfn.com/stock-market/NYSE/hyliion-HYLN/stock-news/93246085/hyliion-names-a-power-generation-industry-veteran

Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, has announced that Govindaraj (Govi) Ramasamy has joined the company as Chief Commercial Officer. In his role, Ramasamy will lead the commercial growth and performance for Hyliion, ensuring that the customer needs for 24/7 energy with a low emissions footprint are met globally.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240209767311/en/

With a distinguished career spanning 17 years in the power generation industry at Cummins, Ramasamy brings a wealth of expertise to Hyliion. His extensive experience, most recently as the leader of the Global Data Center Business, includes delivering strong revenue growth in the datacenter market and building a large order book for the segment. Ramasamy played a key role in positioning Cummins as an industry leader in energy transition through focused customer partnering, prioritizing investments, and championing next-generation technologies.

"Govi's leadership and proven track record of driving growth and delivering innovative solutions will be invaluable as we continue to expand our presence in the power generation market," said Thomas Healy, Founder and CEO of Hyliion. "His commitment to innovation and customer satisfaction aligns perfectly with Hyliion's goals, and we are thrilled to have him onboard."

During his tenure at Cummins, Ramasamy held various leadership roles across China, the Middle East, and North America, providing him with a unique global perspective on market needs and applications. His professional background encompasses sales, business strategy, product marketing, engineering, project development, execution, and supply chain management.

"I have always been convinced that technological advancement holds the answer to the clean energy needs of this world, and with KARNOTM generators, we are one step closer to delivering that promise," said Ramasamy. "I am truly excited to join the incredible team at Hyliion in bringing that promise to reality."

Ramasamy holds Mechanical and Industrial Engineering degrees and an MBA from Northwestern University, Chicago.

About Hyliion

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, OH, Hyliion is addressing the commercial space first with a locally-deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.