Jerry Leitman Elected BOD Chairman of FCE

June 25, 2002 by Jeff Shepard

FuelCell Energy Inc. (DFCE, Danbury, CT) announced that Jerry Leitman was elected by the board of directors to serve as Chairman of the Board. Leitman will retain his title of President and Chief Executive Officer and succeeds Bernard Baker who, after 33 years of service to the company, including the last five years as Chairman, is retiring from the board.

Charles Murphy, a financial executive with extensive experience in the energy industry, was elected by the board to fill the vacancy created by Baker's retirement. Baker was elected to the honorary position of Chairman Emeritus and will continue to provide consulting services to FuelCell Energy.

"The board and I are grateful for Dr. Baker's significant contributions over the years and are pleased he will remain as a consultant to FuelCell Energy," said Leitman. "With his continued advisory presence and Mr. Murphy's energy-industry expertise, we continue to add depth to our team to successfully execute our strategic plan."