Bloom Energy Names Aaron Hoover as Head of Business and Corporate Development

Bloom Energy has appointed Aaron Hoover as the new head of business and corporate development. Hoover, former Global Co-Head of Energy Investment Banking at Morgan Stanley, brings over two decades of experience in energy and finance. His role will focus on expanding Bloom Energy's strategic partnerships and advancing its clean energy initiatives. Hoover plans to leverage his extensive relationships in the energy sector to accelerate Bloom Energy's growth and strengthen its position in the ongoing global energy transition.

Bloom Energy (NYSE: BE), a global leader in power solutions, has appointed Aaron Hoover as the new head of business and corporate development. Hoover brings over two decades of experience in the energy and finance sectors, most recently serving as Global Co-Head of Energy Investment Banking at Morgan Stanley. In his new role, Hoover will focus on expanding Bloom Energy's strategic partnerships and advancing its clean energy initiatives.

Hoover's appointment comes at a critical time for Bloom Energy, as the company aims to accelerate its growth and strengthen its position in the ongoing global energy transition. His extensive relationships in the energy sector will be crucial in forging lasting partnerships and driving Bloom's mission to deliver reliable, clean, and affordable energy.

"In a digital world where electricity abundance is a necessity, we see real opportunity to partner with the broader gas ecosystem to convert their molecules to reliable, clean power at AI speed and scale," said KR Sridhar, Founder, Chairman, and CEO of Bloom Energy. "Additionally, we are moving toward a future that demands not only the clean and reliable electricity we provide today, but also a near-zero emission power option. This decarbonization can only occur in the midterm with carbon capture and sequestration. While Bloom has an ideal platform for carbon capture at scale, sequestration can only be achieved through deep collaboration with the natural gas sector. Aaron joins Bloom at a pivotal moment in the global energy transition. His expertise, energy relationships, and vision for evolving markets will help us scale our impact and deliver clean, reliable energy where and when it’s needed. I’m thrilled to welcome Aaron to our leadership team."

Aaron Hoover added, "I’m deeply honored to join Bloom Energy and partner with KR, its world-renowned board, and the entire team at such a pivotal moment in the company’s journey. The energy sector is undergoing a profound transformation, and Bloom’s technology is well positioned to meet the urgent demand for clean, reliable, and scalable power solutions. I look forward to helping accelerate Bloom’s growth, forge lasting partnerships, and contribute to its leadership in the energy transition. As Bloom strives to become the world’s most meaningful energy company, I’m excited to leverage my expertise and relationships to help evaluate partnerships that are aligned with the company’s growth strategy."

Hoover will be based in Bloom’s Houston office and will leverage his long-standing relationships across the energy sector to expand Bloom’s partnerships and market presence.

References:
[1] https://www.marketscreener.com/news/bloom-energy-appoints-aaron-hoover-to-lead-business-and-corporate-development-ce7c50dad88bf62c
[2] https://news.bloomberglaw.com/environment-and-energy/morgan-stanley-big-oil-dealmaker-hoover-to-join-bloom-energy
[3] https://finance.yahoo.com/news/bloom-energy-appoints-aaron-hoover-200500983.html