EuroSite Power Inc. announced Mr. Jacques de Saussure will join the board of directors and has been elected Chairman effective July 1, 2016. Mr. de Saussure joined Pictet Group in 1980 and was elected partner in 1987. He served as Senior Managing Partner of the Pictet Group from 2010 until June 2016. Mr. de Saussure is a member of the board of the Swiss Bankers Association, and has also served as vice chairman of the Swiss Stock Exchange, where he remained member of the board until 2010. Dr. Elias Samaras, who has been acting interim Chairman of the board, will remain Chief Executive Officer and a member of the company's board of directors.