FuelCell Energy names Matthew Latino CFO; Michael Bishop steps down as CFO
FuelCell Energy appointed Matthew Latino as Executive Vice President, Chief Financial Officer and Treasurer effective October 7, 2026, replacing Michael S. Bishop, who ends his CFO role effective October 6, 2026 and becomes Senior Advisor to the CEO through April 6, 2027. The CFO change is a significant leadership transition, and the filing details Latino's base salary, bonus targets and severance terms.
Key points
- Michael S. Bishop ceases as CFO effective October 6, 2026; the Board deemed his separation a termination without cause
- Matthew Latino, 41, previously served as Senior Vice President, Finance and Segment CFO at Xylem Inc. from November 2025 to June 2026
- Latino's employment agreement provides a $460,000 base salary, a 70% target bonus for fiscal 2027 and a $1,000,000 target long-term incentive award
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.