Ian Hobday Named CEO of Green Automotive Company
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Green Automotive Company (OTC: GACR) today announced that Ian Hobday has been named CEO with effect from the 1st September 2013. He will take on this role in addition to his current position as CEO of GACs UK subsidiary Liberty Electric Cars and will continue to be a Director of GAC. Hobday will be responsible for implementing the strategy developed by the management team of GAC which, amongst other things, will see it launch a first-of-its-kind electric shuttle bus through its subsidiary Newport Coachworks in February 2014. Hobday assumes the CEO position as Fred Luke, steps down from his role as President whilst continuing to work with the company as a Director.
Electric vehicles represent the clear future of the automotive industry and our strategic focus on developing, designing, manufacturing, selling and supporting in this category will be key to our success going forward. I am delighted to have accepted the Boards nomination to this role and will utilize all my enthusiasm, energy and work ethic to help further the companys growth and success, said Hobday. These are exciting times for Green Automotive Company (GACR.PK) and our industry, and I look forward to leading GAC to the success I am sure it is poised to achieve.
Having built a strong track record of developing businesses and profits within the multinational marketplace, Hobday joined Liberty Electric Cars in the UK as its first major investor in May 2007 and subsequently assumed the roles of Managing Director and CEO. After a successful career, which included high profile positions as Vice President of Direct Sales at BASF in France and Global Managing Director at Arch Chemicals in Italy, Hobday founded an investment firm to provide funding to promising green start-up businesses. It is through this role that he became committed to the sector of the economy that holds great potential to positively impact the environment while vastly improving the quality of life for consumers everywhere.
Green Automotive Company (GAC) is a state-of-the-art niche vehicle design, engineering manufacturing, and sales company, driving innovation in the use of cutting edge zero and low emission technologies. Additional information on Green Automotive may be found at: www.thegreenautomotivecompany.com.
Forward Looking Statements - This release includes forward-looking statements. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. For a copy of the Companys full statements regarding forward-looking statements please click here Safe Harbor Statement » Green Automotive Company .
Green Automotive Company
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Source: Green Automotive CompanyCopyright Business Wire 2013