Leadership & Pay ·
NOMAD Power Solutions CEO Geordan Pursglove resigns, replaced by Executive Chairman Michael Hilmer
LIXTNomad Power Solutions, Inc.
Geordan Pursglove stepped down as Chief Executive Officer and Chairman of the Board of Nomad Power Solutions on November 9, 2026. He received a $600,000 cash severance payment and was granted 1,500,000 restricted stock units vesting upon completion of a consulting arrangement through January 31, 2027. Michael Hilmer, previously an advisor to the company, was appointed Executive Chairman and elected to the Board on the same date. Hilmer will receive $20,000 per month in consulting fees and is tasked with accelerating global expansion and scaling the Energy-as-a-Service model. Nomad Power Solutions provides transportable, utility-grade battery energy storage systems for utilities, data centers, and industrial customers.