Better Place Aligns Leadership Team to Tackle Next Phase of Growth
Tel Aviv — Better Place, the world’s leading provider of Electric Vehicle Network Services announced today new roles and responsibilities for its senior management team as it continues the transition from a development company into a commercially focused organization.
Over the last three months, Evan Thornley, previously CEO of Better Place Australia, assumed the role of Global CEO. Under Evan’s leadership and direction, the company was able to raise the capital it needed to sustain continued operations, and underwent a significant restructuring to better position the organization for long-term success.
Today the Board thanked Evan for his services over this transition period. “Evan stepped up at a critical junction for Better Place,” said Idan Ofer, Chairman of the Board of Better Place. “We thank Evan for his invaluable service to the company. Under his direction we were able to ensure Better Place retains its position as a global leader in EV infrastructure and services. We wish Evan the best of luck in his future endeavors.”
At the Global Level, Mr. Ofer will assume the role of Executive Chairman and manage external relationships and alliances for Better Place, while Alan Gelman, Global CFO for Better Place, will manage day-to-day operations.
About Better Place
Better Place is the leading global provider of electric car networks that enables the mass market adoption of electric cars through an innovative battery switch model that makes driving electric cars more affordable, convenient and sustainable than today’s petrol-based cars. Better Place owns and operates a network of battery switch stations and public/personal charge spots, along with the supply of batteries that power the cars, to provide drivers with instant range extension and the convenience to drive, switch and go across an entire region. Where possible, Better Place uses renewable sources of energy to deliver fully zero emissions driving. The World Economic Forum has named Better Place a “Global Growth Company Industry Shaper” for its innovative approach in advancing the global switch to electric cars. Check out www.betterplace.com
Forward-Looking Statements
In this press release and in related comments by our management, our use of the words “expect,” “possible,” “believe,” “continue,” “may,” “will,” “positioned”, “promised” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to complete testing and certification as expected; our ability to expand commercial operations and increase revenue; our ability to offer nationwide coverage in Israel and Denmark in the expected time frame; our ability to move forward with Battery Switch Station deployment in other countries; and our ability to attract new customers. Better Place disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise.
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