Plug Power names Jose Luis Crespo as President and future CEO; Shrestha departs

PLUG POWER INC

Sanjay Shrestha resigns as President effective Oct 10, 2025; no disagreement cited.
Jose Luis Crespo appointed President Oct 10, 2025, and CEO expected around March 2026 after 10-K filing.
Andy Marsh becomes Executive Chair; George McNamee named Lead Director, both effective Oct 10.
Crespo built sales funnel exceeding $8 billion and led key customer relationships with Amazon, Walmart, Home Depot.
Crespo has been with Plug since 2014, most recently as Chief Revenue Officer.

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