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Hypercharge Announces Appointment of Kyle Moncrief, CFA as VP, Corporate Development and FP&A, and Changes to Board of Directors
Globenewswire· 2026-03-31 11:30
Core Insights - Hypercharge Networks Corp. has appointed Kyle Moncrief as Vice President of Corporate Development and Financial Planning & Analysis to enhance corporate strategy and revenue growth initiatives [1][2][3] - Moncrief brings 14 years of experience in capital markets and corporate development, having executed over 20 transactions worth more than $1 billion in enterprise value [3][4] - The company has also announced the resignation of co-founder Liam Firus from the Board of Directors, acknowledging his contributions to the company's growth [6][7] Leadership Appointment - Kyle Moncrief will focus on corporate strategy, long-term planning, and enterprise value creation, working closely with executive leadership to advance capital deployment and strategic partnerships [2][3] - Moncrief's previous roles include VP at Zones Technologies and senior positions at Finning and 4Refuel, where he contributed to significant growth through partnerships and acquisitions [4] Stock Options and Equity Grants - In connection with his appointment, Moncrief has been granted 1,333,333 stock options with an exercise price of $0.08, vesting over three years [5] - CEO David Bibby has been granted 3,041,609 stock options and 3,041,609 restricted share units, also exercisable at $0.08, to recognize his leadership and contributions [9] Company Overview - Hypercharge Networks Corp. is a leading provider of smart electric vehicle charging solutions, committed to accelerating EV adoption and supporting the transition to a carbon-neutral economy [10]