Renowned Industry Thought Leader Will Be Joining the Black Dragon CapitalSM Fintech (CUSO) Fund Team as Advisor, Bringing Extensive Expertise and Innovative Insights. Black Dragon CapitalSM, a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, welcomes Mark Meyer as its newest Advisor to the Fintech (CUSO) Fund. Mark Meyer is CEO and President of the Filene Institute, a leading industry research and thought leadership organization. Under his leadership, Filene has thrived, influencing high-level industry thinking and innovative approaches. His visionary leadership has not only enhanced Filene’s reputation but also cemented its role as a pivotal player in shaping the industry’s future. “Filene and Mark are known for focusing on unique market insights that allow Credit Unions to perform better and connect to their communities. It is our honor to partner with such a recognized and insightful leader that understands the power of technology’s role in serving members better. His friendship, energy, and passion will be an exciting addition and consistent with the operationally led culture and performance history at Black Dragon CapitalSM”, said Louis Hernandez Jr., Founder, CEO and Managing Partner of Black Dragon CapitalSM. Black Dragon CapitalSM and Filene collaborate on research efforts to benefit the industry, and Mark’s insights will be invaluable as the Fintech Fund enables the industry to take advantage of technological advances both financially and operationally. With Mark’s expertise, the industry is well positioned to navigate and capitalize on these technological changes, ensuring sustained growth. His insights will be crucial in steering the industry towards a future where technology and finance seamlessly integrate for optimal outcomes. The Fintech (CUSO) Fund values Mark’s industry insights as it prepares to finalize its initial investor group this year. Black Dragon CapitalSM recently launched the Fintech (CUSO) Fund, a multiphase Fund that targets early-stage and buy-out financial technology companies where Black Dragon CapitalSM has operating and investment expertise. It has the goal of creating positive impact on the operations of these businesses, while also making direct and meaningful changes on the communities that credit unions serve. The Fintech (CUSO) Fund, under the leadership of its founder and former BECU and First Tech Credit Union CEO Benson Porter, will benefit the strategic goals of Credit Unions and other community based financial institutions. Black Dragon CapitalSM focuses on high-growth technology sectors that are undergoing accelerated digitization and creating operational and economic opportunities. These address the most complicated industry issues and have a positive economic and social impact on the communities they serve. Their operationally led model has produced above market returns and recognized technology companies. They continue to add proven operational executives and leaders to help identify, build and advance the most important technology companies successfully. Black Dragon CapitalSM Names Mark Meyer, President & CEO of Filene, as Advisor to the Fintech (CUSO) Fund • Hyundai Motor President and CEO Jaehoon Chang appointed as Hydrogen Council Co-Chair, building on Hyundai Motor Group’s legacy as key Council member • President and CEO Chang to actively engage in activities to promote the global hydrogen economy and propose solutions for future energy transition The Hydrogen Council has announced Hyundai Motor Company President and CEO Jaehoon Chang as its new Co-Chair, joining Sanjiv Lamba, CEO of Linde. Together, the two Co-Chairs will work closely with Hydrogen Council member CEOs as the organization enters its next chapter, focused on unlocking the potential demand for a global hydrogen economy and creating a framework for international trade and accelerated investment. President and CEO Chang takes over from Yoshinori Kanehana, Chairman of Kawasaki Heavy Industries, Ltd., who served as Co-Chair for the past two and a half years. His appointment follows Hyundai Motor Group Executive Chair Euisun Chung, who led the Council from January 2019 to July 2020. Hyundai and its Commitment to Hydrogen Hyundai Motor has been dedicated to the development of hydrogen technologies since establishing a Fuel Cell research and development division in 1998. Through continuous investment and research, Hyundai Motor has strengthened its leadership in the hydrogen sector, including: • The independent development of a fuel cell stack in 2004 • The world’s first mass production of a Fuel Cell Electric Vehicle (FCEV), the Tucson ix35 FCEV, in 2013 • Mass production of the NEXO, the first dedicated FCEV, in 2018; and the world’s first mass production of XCIENT Fuel Cell, heavy duty hydrogen-powered truck, in 2020. At CES 2024, Hyundai Motor revealed its plans to expand HTWO, the brand for its hydrogen fuel cell system. Originally introduced in 2020, HTWO encompasses the entire hydrogen value chain business for the Hyundai Motor Group, covering production, storage, transportation, and utilization. In May, Hyundai Motor shared its hydrogen vision and introduced its U.S. clean logistics business at the Advanced Clean Transportation (ACT) Expo 2024, consistently reinforcing its leading position in advancing the hydrogen ecosystem through diverse business projects globally. Also, XCIENT Fuel Cell electric heavy-duty trucks recently surpassed a cumulative driving distance of 10 million km in Swiss fleet operations — a testament to the world-class hydrogen fuel cell technology’s long-term reliability. As President and CEO of Hyundai Motor Company, Jaehoon Chang has been actively engaged in activities to promote the creation of a hydrogen economy and to propose practical solutions for future energy transition. In his new role as Co-Chair, he will discuss global hydrogen energy demand and closely cooperate with CEOs of the Hydrogen Council’s member organizations to accelerate global trade and investment. “The Hydrogen Council is a crucial initiative in our global energy transition effort,” said Jaehoon Chang, President and CEO of Hyundai Motor Company. “I am delighted to be appointed as Co-Chair and I look forward to working with fellow hydrogen leaders to drive innovation and advance deployment.”
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