Northern Power Systems Corp. (NPS), a Vermont-based provider of distributed wind turbines, has announced two resignations from its board of directors.
John Simon and Kevin Kopczynski both provided the board a notice of their resignation, effective Feb. 23. Simon began serving as a director in August 2008 and was chairman from then until December 2013. Kopczynski joined the board as a director in February 2017.
According to the company, the board has initiated a process to identify new directors to fill the vacancies.
Last month, NPS also announced the disposition of its energy storage business, including its energy storage project pipeline and related intellectual property, to WEG Electric Corp., an electronic equipment manufacturer headquartered in Brazil. At closing, NPS received proceeds of approximately $1.1 million, and WEG hired eight storage-focused employees from NPS.
In conjunction with the disposition of its energy storage business, NPS also announced the departure of its interim chief financial officer, Ciel R. Caldwell, effective immediately, and the appointment of William St. Lawrence in the same role.