FOR IMMEDIATE RELEASE
David Meyers replaces retiring company founder Dennis Reid. Meyers will build on a recent $70 million investment to accelerate the company’s growth in hydrogen economy markets
Valencia, Calif. – July 11, 2022 – H2scan, a world leader in hydrogen sensing solutions for the energy, industrial and emerging hydrogen markets, today announced that its current Chief Operating Officer, David Meyers, was named the company’s President and Chief Executive Officer. He replaces Dennis Reid, company founder and current President and CEO, who is retiring.
Company background:
Recent investment
Dennis Reid states, “Dave joined us in February 2022, as COO and now in his new role as CEO, we are confident that he will lead us into a future focused on building on our current strength in the transformer division, while accelerating our efforts in the ever-expanding hydrogen economy. When I started H2scan I had seven employees, including my wife and me. I have been blessed with tremendous talent in all departments and unbelievable loyalty as we have developed H2scan into a global company. Dave has the right background and skill set to take H2scan to an even higher level. I look forward to continuing with the company in a much reduced non-management role to assist management and sales.”
Dave Meyers background:
David Meyers states: “I could not be more excited about the opportunity to provide CEO leadership at H2scan as I believe we are well positioned to take advantage of the tremendous growth within the power transformer monitoring market, given our proven track record with leading OEMs and a growing list of end users. Additionally, we expect to be a major solutions provider to every aspect of the emerging Hydrogen Economy, from process control, to metering to safety assurance. I thank the board and Dennis for this opportunity and for establishing a strong foundation of people, technologies, and funding to build our future. H2scan is well positioned to help energy providers be more resilient and ensure safety and effectiveness of their hydrogen decarbonization investments.”
About H2scan Corporation
H2scan was founded in 2002, and has its headquarters, sales, production and marketing staff in Valencia, California. The company’s Gen 5 technology provides the most accurate, tolerant and affordable hydrogen sensors for a wide range of industrial leak detection and process gas monitoring markets including control systems, safety monitoring and alarm systems.
H2scan sensors are also used for electrical distribution reliability and are ideal for measuring hydrogen concentration in fuel cells, electrolyzers and the hydrogen distribution pipelines to reduce carbon emissions.
H2scan’s customer base includes some of the largest manufacturing enterprises in the world including ABB, Siemens, GE Energy, Qualitrol, DOD, ExxonMobil, Shell, Chevron, Proctor & Gamble and more.
For more information, please visit http://www.h2scan.com.
Press Contact:
Alan Ross
Corporate Communications
[email protected]
404.992.5111