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FuelCell Energy Adds Cybersecurity Expert to Board of Directors

Story Highlights
  • FuelCell Energy elected cybersecurity-focused executive John Livingston to its board, expanding it to nine members.
  • Livingston’s pay includes prorated cash retainers and RSUs, aligning him with FuelCell’s strategy in AI-driven, resilient power markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FuelCell Energy Adds Cybersecurity Expert to Board of Directors

Meet Samuel – Your Personal Investing Prophet

Fuelcell Energy ( (FCEL) ) just unveiled an announcement.

FuelCell Energy, Inc. has expanded its Board of Directors by electing cybersecurity entrepreneur and former McKinsey partner John Livingston as a director, effective May 19, 2026, a move announced publicly on May 21, 2026. Livingston, who founded and led Verve Industrial Protection before its acquisition by Rockwell Automation and spent more than two decades advising industrial and technology clients at McKinsey, will also serve on the Audit, Finance and Risk Committee and the Compensation and Leadership Development Committee.

As a non-employee director, Livingston will receive prorated cash retainers for his Board and committee roles, along with 5,896 restricted stock units that vest at the company’s 2027 annual shareholder meeting, aligning his incentives with long-term performance. FuelCell Energy’s leadership highlighted his deep experience in operational technology and cybersecurity as strategically important as the company targets resilient, behind-the-meter clean power solutions for data centers, hyperscalers and AI infrastructure facing growing complexity and cyber risk.

The most recent analyst rating on (FCEL) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on Fuelcell Energy stock, see the FCEL Stock Forecast page.

Spark’s Take on FCEL Stock

According to Spark, TipRanks’ AI Analyst, FCEL is a Neutral.

The score is held back primarily by weak financial performance (deep losses and significant cash burn despite only modest TTM revenue growth), partially offset by strong technical momentum and a generally constructive earnings update highlighting rapid YoY revenue growth, ample liquidity, and a sizable commercial pipeline—tempered by continued losses, a lower backlog YoY, and execution risk in scaling production to profitability.

To see Spark’s full report on FCEL stock, click here.

More about Fuelcell Energy

FuelCell Energy, Inc. is an American clean energy technology company that provides continuous, scalable baseload power for mission-critical applications worldwide. Its fuel cell systems generate low-emissions electricity at the point of use for data centers, industrial facilities, utilities and distributed generation customers, with modular, utility-scale deployments approaching one gigawatt globally.

Average Trading Volume: 5,210,956

Technical Sentiment Signal: Hold

Current Market Cap: $1.07B

For a thorough assessment of FCEL stock, go to TipRanks’ Stock Analysis page.

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