Energy Vault Holdings, a provider of sustainable grid-scale energy storage solutions, has appointed Theresa Fariello to the company’s Board of Directors effective February 1.
She replaces Henry Elkus, founder and CEO of Helena, a strategic partner and Series B-1 investor in Energy Vault, upon his concurrent departure from the Board.
Fariello has served as senior vice president of Government Affairs & Global Public Policy for United Airlines since 2017. In this role, she leads United Airlines’s federal, state, local, and international government engagement, including environmental affairs. Prior to her role at United Airlines, Fariello served a 16-year tenure at ExxonMobil, where she advised executive leadership on key governmental and policy matters. Prior to her time at ExxonMobil, Fariello served as deputy assistant secretary for International Energy Policy in the Office of International Affairs at the US Department of Energy and held senior leadership positions at Occidental Petroleum Corporation.
“We are honored to welcome Theresa, who brings extensive and valuable experience in government affairs and public policy at leading public companies to Energy Vault’s Board of Directors,” said Robert Piconi, chairman and chief executive officer, Energy Vault. “The recent passage of the IRA is one example of a significant accelerator for our industry and our customers in the United States. Theresa’s leadership and experience will help us fully leverage the opportunities associated with this landmark legislation while strategically optimizing our global approach to working with government organizations in an increasingly complex regulatory and public sector environment. I look forward to working with her as we execute our global growth plans.”
“It is a distinct privilege to join Energy Vault’s Board of Directors,” said Theresa Fariello. “I am inspired by Energy Vault’s mission and commitment to creating a cleaner, more sustainable future. As the need to address and combat climate change becomes ever more urgent, so too does the need to shape environmental and climate policy to accelerate the deployment of innovative solutions, such as Energy Vault’s energy storage technologies. I welcome the opportunity to work alongside the rest of my fellow board members, and I look forward to lending my voice and experience to the company as it continues to grow.”
