FuelCell Energy Inc.
FuelCell Energy Announces Departure of Executive Vice President and General Counsel
Summary
FuelCell Energy, Inc. announced on February 3, 2026, the end of the employment relationship with Joshua Dolger, its former Executive Vice President, General Counsel, and Corporate Secretary, effective January 6, 2026. In connection with the departure, the Company and Mr. Dolger entered into an employment separation agreement that provides for a severance payment of $398,494, accelerated vesting of 44,911 restricted stock units, and eligibility for performance-based awards. The agreement also includes conditions for continued benefits and release of claims. The Separation Agreement is filed as Exhibit 10.1 to this report.
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About FuelCell Energy Inc.
FuelCell Energy Inc. designs, manufactures, operates, and services fuel cell power plants. These power plants utilize a proprietary technology that converts lower carbon fuels like natural gas and biogas into electricity and heat via an electrochemical process, rather than traditional combustion methods. This process results in more efficient energy conversion with minimal emissions, making it an attractive solution for businesses and municipalities aiming to reduce their carbon footprints. FuelCell Energy's power solutions are predominantly used in commercial and industrial buildings, data centers, and utility projects, serving diverse sectors including utilities, manufacturing, and healthcare. The company is headquartered in Danbury, Connecticut, and plays a crucial role in the shift towards cleaner energy sources by offering scalable and distributed power generation products. Through its efforts, FuelCell Energy contributes significantly to the renewable energy landscape by providing continuous, reliable low-carbon power solutions.
Official SEC Documents
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