WALTHAM, Mass. – June 24, 2015 – EuroSite Power Inc., (OTCQB: EUSP) an On-Site Utility™ solutions provider, offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and leisure centres in the United Kingdom (UK) and Europe, today announced the appointment of Mr. Marcel Cassard to the Company’s Board of Directors.
Marcel Cassard joined Deutsche Bank in 1997. At Deutsche Bank, Marcel is a member of the Global Markets Executive Committee and Global Head of Fixed Income and Economics Research. Marcel also heads DB’s Global Macro Strategy Group, which advises the Board and clients on broad market risks and global economic and financial developments. Previously, Marcel spent five years at the International Monetary Fund. Before that, he was an Economist at the Council of Economics Advisers in the Executive Office of the U.S. President. Marcel holds a PhD in Economics from Columbia University.
“This is exciting to welcome Marcel as a new member of our Board of Directors. His vast global knowledge and experience will be a terrific benefit to our Board and create additional value to our shareholders,” said Elias Samaras, Chief Executive Officer of EuroSite Power.