Meet the EnerSys Board of Directors

EnerSys, headquartered in Pennsylvania, USA, is a globally renowned leader in stored energy solutions for industrial applications. The company boasts of being one of the world's largest industrial battery manufacturers, supplying power to essential industries ranging from telecommunications, security and defense, renewable energy systems, and material handling equipment. Behind the success of EnerSys stands a highly experienced and competent Board of Directors.

The History of EnerSys and its Board of Directors

EnerSys was established in 2000 through the consolidation of three leading battery manufacturers- Yuasa in Japan, Hawker in Europe, and Gates in the USA. Since its inception, the company has been dedicated to growth through acquisition, innovation, and exceptional leadership. During its journey to becoming a global powerhouse, EnerSys has relied on the guidance and expertise of a wide range of highly accomplished board members to advance its priorities.

One of the most notable board members in EnerSys' history was John D. Craig, who served as the company's Chairman and CEO from 2000 to 2004. Craig was a seasoned executive with over 30 years of experience in the battery industry, and he played a pivotal role in shaping EnerSys' early growth strategy. Under his leadership, the company completed several key acquisitions and expanded its global footprint, setting the stage for its continued success in the years to come. Today, EnerSys' board of directors includes a diverse group of leaders from a variety of industries, all of whom are committed to driving the company forward and delivering value to its stakeholders.

The Role of EnerSys Board of Directors in the Company's Success

The EnerSys Board of Directors plays a critical role in the company's continued growth and success. They work closely with senior management to develop and execute strategies that enable EnerSys to maintain its leadership position in the market. In addition, the Board ensures EnerSys remains focused on ethical and socially responsible behavior and fosters long-term relationships with customers, employees, and shareholders.

One of the key responsibilities of the EnerSys Board of Directors is to oversee the company's financial performance. They review financial reports and ensure that the company is operating within its budget and meeting its financial goals. The Board also approves major investments and acquisitions, ensuring that they align with the company's overall strategy and financial objectives.

Another important role of the EnerSys Board of Directors is to provide guidance and support to senior management. They offer advice and expertise on a range of issues, from marketing and sales to technology and innovation. The Board also helps to identify and recruit top talent, ensuring that EnerSys has the right people in place to drive the company's growth and success.

The Composition of EnerSys Board of Directors

EnerSys Board of Directors comprises 9 exceptional individuals from diverse backgrounds, bringing vast knowledge and expertise to the table. The current board composition is composed of a Chairman and CEO, two independent directors, and six executives.

Each member of the EnerSys Board of Directors has a unique set of skills and experiences that contribute to the success of the company. The Chairman and CEO, John D. Craig, has over 30 years of experience in the energy storage industry and has been with EnerSys since 2004. The two independent directors, Mary L. Petrovich and Jerry W. Levin, bring a wealth of knowledge from their previous executive roles in various industries. The six executives on the board, including Michael J. Schmidtlein, David M. Shaffer, and Holger P. Aschke, have extensive experience in areas such as finance, operations, and marketing. Together, the EnerSys Board of Directors is committed to driving the company's growth and success.

The Responsibilities of EnerSys Board of Directors

The EnerSys Board of Directors has numerous responsibilities, including determining the company's overall strategy, overseeing its business plan, selecting and evaluating senior management, and ensuring financial and regulatory compliance. They also monitor the company's performance, evaluate risks, and ensure that the company is complying with ethical business practices.

Another important responsibility of the EnerSys Board of Directors is to ensure that the company is operating in a socially responsible manner. This includes considering the impact of the company's operations on the environment, as well as the well-being of its employees and the communities in which it operates. The board must also ensure that the company is engaging in fair and ethical business practices, such as avoiding conflicts of interest and maintaining transparency in its financial reporting.

In addition, the EnerSys Board of Directors must stay up-to-date on industry trends and changes in the market, in order to make informed decisions about the company's future. This includes understanding new technologies and innovations that may impact the company's operations, as well as keeping abreast of changes in regulations and laws that may affect the company's compliance obligations. By staying informed and proactive, the board can help ensure that EnerSys remains competitive and successful in the long term.

Meet the Chairman and CEO of EnerSys

David M. Shaffer is EnerSys' Chairman and CEO, having held these positions since October 2016. He has been with the Company since 2002, where he held various positions before becoming CEO, including President of the Americas, COO, and President. As the CEO, Mr. Shaffer has spearheaded significant global expansion and increased the company's revenue significantly

Under Mr. Shaffer's leadership, EnerSys has also made significant strides in sustainability and environmental responsibility. The company has implemented a number of initiatives to reduce its carbon footprint, including investing in renewable energy sources and implementing energy-efficient practices in its facilities. EnerSys has also established partnerships with organizations focused on environmental conservation and sustainability, demonstrating its commitment to being a responsible corporate citizen.

Meet the Independent Directors on EnerSys Board

EnerSys has two Independent Directors on its Board: Phillip A. Kupper and Daniel M. Rabun. Phillip Kupper is the former executive vice president and CFO of Wabtec Corporation, while Daniel Rabun is the former CEO and Chairman of Ensco plc. Both bring with them a wealth of experience and expertise in corporate governance, financing, accounting, and general business management.

Phillip Kupper has over 30 years of experience in finance and accounting, having held various senior leadership positions in several multinational corporations. He has also served on the Board of Directors of several companies, including the Federal Home Loan Bank of Pittsburgh and the Pittsburgh Zoo & PPG Aquarium. Daniel Rabun, on the other hand, has over 40 years of experience in the oil and gas industry, having held various executive positions in companies such as Transocean and Global Marine. He has also served on the Board of Directors of several organizations, including the National Ocean Industries Association and the American Petroleum Institute.

Together, Phillip Kupper and Daniel Rabun bring a diverse set of skills and experiences to the EnerSys Board, which enables them to provide valuable insights and guidance to the company's management team. Their contributions have been instrumental in driving EnerSys' growth and success, and they continue to play a critical role in shaping the company's future direction.

Meet the Executive Directors on EnerSys Board

The EnerSys Board of Directors has six Executive Directors with David Shaffer as the Chairman and CEO. These directors are responsible for key areas of the business, including finance, human resources, operations, and legal. They work together with other members of the Board to drive the company's strategic priorities.

Let's take a closer look at each of the Executive Directors on the EnerSys Board:

• David Shaffer - Chairman and CEO
• Michael Schmidtlein - Executive Vice President and Chief Financial Officer
• Jeff Long - Executive Vice President and Chief Operating Officer
• Andreas Sievert - Executive Vice President and Chief Technology Officer
• Richie Maura - Executive Vice President and Chief Human Resources Officer
• Edward T. Dunlap - Executive Vice President and General Counsel

Each of these directors brings a wealth of experience and expertise to their respective areas of responsibility, and they work collaboratively to ensure that EnerSys continues to be a leader in the energy storage industry.

The Diversity and Inclusion Practices on EnerSys Board of Directors

EnerSys is committed to promoting diversity and inclusion across all its operations, and its Board of Directors is no exception. The company has established policies and practices that encourage the selection of qualified individuals to this leadership role, regardless of race, gender, or ethnicity.

One of the ways EnerSys ensures diversity and inclusion on its Board of Directors is by actively seeking out candidates from underrepresented groups. The company recognizes that diversity brings different perspectives and experiences to the table, which can lead to better decision-making and innovation.

In addition to promoting diversity in its leadership, EnerSys also provides training and education to its employees on the importance of diversity and inclusion. This includes workshops and seminars on topics such as unconscious bias and cultural competency, which help to create a more inclusive workplace culture.

The Corporate Governance Practices Followed by EnerSys Board of Directors

EnerSys is committed to ensuring that its Board of Directors adheres to the highest corporate governance standards. The company has several policies and practices that guide Board conduct, including the Code of Conduct and Ethics, Conflict of Interest, and Stock Ownership Guidelines.

One of the key aspects of EnerSys' corporate governance practices is the independence of its Board of Directors. The majority of the Board members are independent, meaning they have no material relationship with the company or its management. This ensures that the Board can make objective decisions that are in the best interest of the company and its shareholders.

EnerSys also has a robust system of Board committees, including the Audit Committee, Compensation Committee, and Nominating and Governance Committee. These committees are responsible for overseeing specific areas of the company's operations and ensuring that the Board is well-informed and able to make informed decisions. The committees are composed of independent directors and meet regularly to discuss relevant issues and make recommendations to the full Board.

The Impact of EnerSys Board of Directors on the Company's Corporate Social Responsibility Initiatives

EnerSys ensures that its corporate social responsibility (CSR) initiatives align with its overall strategic goals. The Board of Directors provides guidance in embedding CSR across all EnerSys's operations and promotes sustainable business practices. EnerSys has set out a range of social, economic, and environmental objectives as part of its CSR programs. The board's close involvement and oversight ensure that the initiatives align with the company's long-term vision.

One of the key ways in which the Board of Directors has impacted EnerSys's CSR initiatives is by encouraging the company to adopt more sustainable practices. For example, the board has pushed for the implementation of energy-efficient technologies and the reduction of waste across all EnerSys's operations. This has not only helped the company to reduce its environmental impact but has also resulted in significant cost savings.

Another way in which the Board of Directors has influenced EnerSys's CSR initiatives is by promoting greater transparency and accountability. The board has encouraged the company to regularly report on its CSR performance and to engage with stakeholders to understand their concerns and expectations. This has helped to build trust with customers, investors, and other stakeholders and has positioned EnerSys as a leader in corporate social responsibility.

The Future Plans and Vision for EnerSys by Its Board of Directors

EnerSys's Board of Directors has ambitious plans that are in line with the company's mission and vision. They will continue to support the company's growth, sustainability, and profitability, through strategic acquisitions and investments in innovation. Additionally, they will direct the company's focus on environmental concerns and its duty to have a positive impact on society.

In conclusion, EnerSys's Board of Directors has and will continue to play a significant role in advancing the company's objectives and maintaining its position as a global leader in stored energy systems. The company's commitment to ethical business practices and the pursuits of sustainability and social responsibility ensures that its operations contribute positively to society and the environment, a key tenet of the company's success.

Looking ahead, EnerSys's Board of Directors is also exploring new markets and opportunities to expand the company's reach and impact. They are considering partnerships with other companies and organizations that share their values and goals, as well as exploring new technologies and innovations that can further enhance the company's products and services. The Board is committed to staying ahead of the curve and adapting to the changing needs of the industry and the world at large, while remaining true to EnerSys's core values and mission.