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EnerSys® Announces Planned Executive Succession

READING, Pa.--(BUSINESS WIRE)--Nov. 06, 2024

EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced that David Shaffer has notified the Board of Directors of his intention to retire as President and Chief Executive Officer effective May 2025. As part of a planned succession, including a comprehensive search process, the Board has named Shawn O’Connell, President, Energy Systems Global, as successor and appointed him President and Chief Operating Officer effective immediately. Upon Mr. Shaffer’s retirement, Mr. O’Connell will assume the role of President and Chief Executive Officer and will join EnerSys’ Board of Directors. Mr. Shaffer and Mr. O’Connell will continue to work closely together to ensure a smooth transition over the next six months.

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