(Updates to correct Monday's closing share price)
BOSTON (Thomson Financial) - Plug Power Inc. said Tuesday that Roger
Saillant plans to retire as president, chief executive officer and member of the
board of directors, effective April 7, 2008.
Saillant has been the CEO of the company for the past seven years. Prior to
joining Plug Power, he spent more than 30 years with Ford Motor Co. and Visteon
Corp.
A successor for Saillant has not yet been named, but the company's board
said that it has appointed a search committee to manage the search process for a
successor.
Shares of the Latham, N.Y.-based energy systems company closed at $3.51 on
Monday.
Casey Logan
cl/tk1/tk1
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