FuelCell Energy names new CFO; shares take a hit
07/10/2026 14:09
BUZZ-FuelCell Energy names new CFO; shares take a hit ** FuelCell EnergyFCEL.O shares slip 7.3% to $19.15 in premarket trading
** Co appoints Matthew Latino as CFO, who succeeds Michael Bishop as part of a planned leadership transition
** Latino joins FCEL from water technology firm Xylem XYL.N, where he served as senior vice president of finance and segment CFO for its Measurement & Control Solutions business
** Michael Bishop will remain as a senior adviser through FCEL's 2027 annual shareholder meeting to support the transition
** Six of 11 brokerages rate the stock "buy" or higher, 3 "hold" and 2 "sell"; their median PT is $22- LSEG-compiled data
** Up to last day's close, shares are up more than 180% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
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