NewHydrogen, Inc., a developer of technology to produce low-cost green hydrogen, has hired Steven Hill as vice president and member of the company’s board of directors, effective immediately.
Hill is an accomplished sales executive with over 20 years of experience in the biopharmaceutical industry, the company said in a news release.
In this capacity, Hill will lead NewHydrogen’s business development efforts while representing the company’s mission and technologies to investors, media, public, and potential partners.
Hill has held senior management positions over the course of his career including Regional Account Manager for Relypsa Inc, a biopharmaceutical start-up in Redwood City, CA. He also served as a managing member of Hill Investments, LLC, a real estate investment and design group during which time Mr. Hill consulted on property development and managed real estate investments.
“We are excited to welcome Steve to NewHydrogen, and expect that he will immediately strengthen our management team,” said Dr. David Lee, CEO of NewHydrogen. “Steve’s vantage point coming from executive sales experience is one we believe will provide valuable insights as NewHydrogen progresses to meet its corporate objectives.”
NewHydrogen is currently funding a sponsored research program at the Department of Materials Science and Engineering at the University of California, Los Angeles (UCLA), aimed squarely at developing technologies to lower the cost of green hydrogen. The goal of NewHydrogen’s sponsored research at the UCLA is to lower the cost of green hydrogen by eliminating or drastically reducing the use of precious metals in electrolyzers. Electrolyzers currently rely on rare materials such as iridium and platinum. These materials often account for a substantial portion of the cost of electrolyzers.
