Andy Marsh joined Plug as President and CEO in April 2008. Under his guidance, Plug has become the leading provider of turnkey hydrogen solutions for the global green hydrogen economy. Mr. Marsh has established Plug as the home to the end-to-end green hydrogen ecosystem where every step of operations — from production, storage and handling, delivery, transportation and dispensing of hydrogen — is available to customers, allowing them to meet their business goals and decarbonize the economy. What was once a company behind fuel cell technology that powered material handling businesses, Mr. Marsh has positioned Plug as the green hydrogen leader powering e-mobility and stationary power applications, and providing first-class PEM electrolyzer technology.
As President and CEO, Mr. Marsh plans and directs all aspects of the company’s goals and objectives, and is focused on building a company that leverages Plug’s combination of technological expertise, talented people and focus on sales growth to continue the company’s leadership stance in the future energy economy. Under his leadership, Plug is expected to hit a record $3 billion in revenue by 2025.
Previously, Mr. Marsh was a co-founder of Valere Power, where he served as CEO and Board Member from the company’s inception in 2001 and through its sale to Eltek ASA in 2007. During his leadership, Valere grew into a profitable global operation with more than 200 employees and $90 million in revenue derived from the sale of DC power products to the telecommunications sector. Also during Mr. Marsh’s tenure, Valere Power received many awards such as the Tech Titan award as the fastest growing technology company in the Dallas Fort Worth area and the Red Herring Top 100 Innovator Award. Prior to founding Valere, he spent almost 18 years with Lucent Bell Laboratories in a variety of sales and technical management positions.
Mr. Marsh is chairman of the Fuel Cell and Hydrogen Energy Association and a member of the Hydrogen Council. He holds a master’s in electrical engineering from Duke University and a master’s in business administration from SMU. He has served a resource to U.S. lawmakers who have looked to him for guidance on expanding the adoption of hydrogen.