Montana Technologies Corp. announced that it has appointed Stephen Pang as Chief Financial Officer. In conjunction with these new appointments, Jeff Gutke, who since 2021 served as the Chief Financial Officer of Montana's predecessor company, Montana Technologies LLC, is transitioning into the new role of Chief Administrative Officer at Montana.

Stephen Pang previously served as Managing Director and Portfolio Manager at TortoiseEcofin Investments and was responsible for TortoiseEcofin's public and private direct investments across its energy transition and infrastructure strategies. At TortoiseEcofin, he served as Chief Financial Officer for Tortoise Acquisition Corp., which merged with Hyliion Inc. in October 2020. After the business combination, he continued to serve as a director and was a member of its Audit Committee until February 2024.

Mr. Pang also served as Chief Financial Officer and a Director of Tortoise Acquisition Corp. II until the completion of its business combination in August 2021 with Volta Industries Inc. Volta was subsequently acquired by Shell USA in March 2023. Prior to joining Montana, he also served as President and Chief Financial Officer of TortoiseEcofin Acquisition Corp.

III, which announced a business combination with One Energy Enterprises Inc. in August 2023. Before joining Tortoise Capital Advisors in 2014, Mr. Pang was a director in Credit Suisse's Equity Capital Markets Group. Prior to joining Credit Suisse in 2012, he spent eight years in Citigroup Global Market's Investment Banking Division, where he focused on equity underwriting and corporate finance in the energy sector.

Mr. Pang earned a Bachelor of Science in Business Administration from the University of Richmond and is a CFA charterholder.