HydroGraph Clean Power appoints tech exec Bennigson to board

Published 19/08/2025, 13:46
HydroGraph Clean Power appoints tech exec Bennigson to board

VANCOUVER - HydroGraph Clean Power Inc. (CSE:HG) (OTCQB:HGRAF), a producer of high-purity graphene with a market capitalization of $2.34 billion and an overall "GREAT" financial health rating according to InvestingPro, announced Tuesday the appointment of Cordell Bennigson to its board of directors.

Bennigson currently serves as CEO of R2 Wireless U.S., where he leads expansion of spectrum sensing and electromagnetic solutions for defense and critical infrastructure. He is also a leadership instructor and executive coach with Echelon Front, which provides training to Fortune 100 companies.

The new board member brings experience as a former U.S. Marine Corps officer and has served as CEO of multiple private equity-backed companies. Bennigson holds an MBA from Harvard Business School.

"HydroGraph is at an exciting moment - its technology is proven, the opportunities are significant, and the team is ready to scale," Bennigson said in a statement.

Kjirstin Breure, who was named Board Chair in June, highlighted Bennigson’s business development experience in the technology sector and his background in leading companies through growth phases.

"His military background has trained him to take an action-oriented approach and provides HydroGraph with critical insights into that sector as we continue to open new opportunities in multiple end markets," Breure said. The company’s strong financial position is reflected in its current ratio of 2.0, indicating robust liquidity to support growth initiatives.

HydroGraph produces graphene through a patented explosion synthesis process and is certified as a Verified Graphene Producer by The Graphene Council, according to the company’s press release statement. The company’s stock has shown strong momentum, gaining nearly 26% over the past six months. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers key metrics, growth prospects, and industry positioning.

In other recent news, Hamilton Insurance Group reported impressive second-quarter earnings, with operating earnings per share reaching $1.55. This figure significantly surpassed both JMP Securities’ estimate of $1.09 and the consensus forecast of $1.05. The earnings beat was largely attributed to higher-than-expected net investment income of $149 million, driven by strong returns from the Two Sigma Hamilton Fund. Following these results, JMP Securities raised its price target for Hamilton Insurance to $29.00, maintaining a Market Outperform rating. Similarly, Keefe, Bruyette & Woods increased its price target to $27.00, also maintaining an Outperform rating, citing factors such as lower interest expenses and a reduced catastrophe loss ratio.

In leadership changes, Hamilton Insurance appointed Russ Buckley as Group Chief Risk Officer, who will oversee the company’s risk and actuarial functions. Additionally, Raymond Karrenbauer was named Group Chief Information Officer, effective September 15, 2025, succeeding Venkat Krishnamoorthy. These appointments reflect ongoing strategic developments within the company’s executive management team.

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