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John Gaulding Becomes Lead Director of the Board for Energous Corporation

Companies mentioned in this article: Energous Corporation

PLEASANTON, Calif. -- (BUSINESS WIRE) -- Energous Corporation (NASDAQ: WATT), creators of WattUp™, a wire-free charging technology that will transform the way people charge and power their electronic devices, today announced that John Gaulding has become Lead Director of Energous Corporation’s board of directors. Gaulding has been a member of the Energous board since March 15th, 2014 and the change is effective immediately.

“John brings an impressive track record of leadership and success to the table and has already provided invaluable guidance to Energous,” said Stephen Rizzone, CEO of Energous Corporation. “His new role as Lead Director will help Energous’ entire leadership team focus more closely on our respective areas of responsibility and will bring us many steps closer to the transformational change Energous is creating in the wire-free power industry.”

Gaulding is currently Co-Founder and Director Emeritus of Sage Partners, an advisory firm providing counsel on strategy and corporate governance issues. He is also Chairman Emeritus of Dominican University of California, where he served for seven years as Chairman and 16 as a Trustee. From 1996-1999 and again from 2001 to the present, Gaulding has been an independent director of Monster Worldwide (NYSE:MWW), where he serves on the Audit Committee and chairs the Corporate Governance and Nominating Committee. Past positions include Board Director at Ortel (NASDAQ:ORTL); Director for Yellow Media, Inc. (TORONTO:YMI); lead director and Chairman of the Audit Committee for ANTS Software, Inc.; Executive Chairman and CEO of National Insurance Group, Inc. (NASDAQ:NAIG); Non-executive Chairman of Novo Media, Inc.; and Founding Director of the popular in-airport wine lounge Vino Volo.

Gaulding's industry experience also includes 15 years as a corporate officer, serving as Vice-president for Corporate Strategy and Development for Pacific Telesis Group; President and CEO for Pacific Bell Yellow Pages; and President and CEO for ADP Claims Solutions Group. He holds a BS in Engineering from UCLA, an MBA with honors from the University of Southern California, and an honorary Doctor of Laws degree from Dominican University of California.

“Energous has truly groundbreaking technology and I am honored to help push the company forward,” said Gaulding. “WattUp has captured the industry’s attention in large part due to the tireless efforts of our engineering and management teams. In my role as Lead Director, I hope to foster more of the outstanding innovation and leadership that has brought us this far and that will propel us to even greater success in the future.”

About Energous Corporation

Energous Corporation is developing WattUp™, a wire-free charging technology that will transform the way people charge and power their electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary, patent- and trademark-pending solution that delivers intelligent, scalable power via the same radio bands as a Wi-Fi router. WattUp differs from current wireless charging systems in that it delivers meaningful, useable power, at a distance, while allowing users to roam while charging. The result is a true wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. Energous will initially license WattUp to the wearable and mobile-accessory markets and will expand to other markets such as Wi-Fi routers and smartphones over time. For more information, please visit www.energous.com.


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Contact:

Finn Partners
for Energous Corporation
Ty Sheppard, 415-249-6775
ty@finnpartners.com