WALTHAM, Mass.--(BUSINESS WIRE)--GMZ Energy, a leading provider of the world’s most advanced high-temperature thermoelectric generation (“TEG”) power solutions, today announced the appointment of Cheryl A. Diuguid as CEO.
Cheryl has over 20 years of successful international experience leading and expanding technology-based businesses and operations in global markets, including Asia, Europe, South America and Mexico. She has held senior executive positions in billion dollar divisions of multinational corporations as well as in startups and early stage companies.
Cheryl Diuguid, CEO of GMZ Energy, said: “There is a multi-billion dollar addressable market in waste heat recovery from auto, diesel and industrial applications. GMZ Energy’s high-temperature TEG solutions tap into a massive unused energy source by economically recovering waste heat to generate power and improve energy efficiency. I look forward to expanding GMZ Energy’s business by introducing our TEG systems to OEMs worldwide in order to increase the efficiency and cost-effectiveness of their products.”
GMZ board observer Steven Taub of GE Ventures added: “GMZ Energy has created the first commercially-available thermoelectric module for harnessing high-temperature waste heat to generate power. Renewable and economically viable energy solutions such as theirs will only improve industrial efficiency, cutting costs for businesses. Congratulations to Cheryl on her appointment. We look forward to seeing her expand GMZ Energy’s technology worldwide.”
Cheryl’s career spans a variety of technologies in the power and energy industries, including lighting/LED, sapphire, fuel cells and industrial batteries. She also has experience in the UPS, pulp and paper, and telecom industries. Cheryl previously held executive leadership roles at Invensys Power Systems, Xerium Technology, Enersys, and GT Advanced Technologies, and led early-stage companies Vairex and Lumetric Lighting as CEO.
Cheryl holds a master’s degree in Organic Chemistry from the University of Virginia and an MBA from Duke University.
About GMZ Energy
GMZ Energy is the only provider of commercially viable, low-cost thermoelectric modules that reliably generate power from high-temperature heat sources. The company’s TEG solutions increase efficiency in virtually all internal combustion engines, improve the economics of large-scale industrial heating processes, and even add a power generation function to conventional combustion products such as boilers and camp stoves. GMZ Energy supplies its TEG modules to OEM partners in the automotive, heavy equipment, HVAC, consumer products, power generation, industrial waste heat and military industries. Founded in 2006 and headquartered in Waltham, MA, GMZ’s top-tier investors include Kleiner Perkins Caufield & Byers, BP Alternative Energy, I2BF, Mitsui Global Investment, and Energy Technology Ventures, a joint venture between General Electric, NRG Energy, and ConocoPhillips. To learn more, visit www.gmzenergy.com.