On October 20, 2015, Steven M. Fludder was appointed to be the alpha-En Corporation's Chief Executive Officer. Jerome I. Feldman, the company's continuing Chairman of the Board, resigned such position in order to bring in Mr. Fludder. Mr. Fludder, age 55, has been involved as a global executive in energy and manufacturing enterprises for more than three decades.

He joined General Electric Company (GE) in 1983 as a design engineer in GE's Aircraft Engines business. From 2014 until 2015, Mr. Fludder was Chief Executive of AECOM Technology Corporation's Energy and Water business lines. Pursuant to a term sheet, Mr. Fludder has agreed to serve as the company's Chief Executive Officer for a period of three years.