Bob Lutz Appointed Chairman of Carbon Revolution Committee By Investing.com

© Reuters.

Geelong, Australia – Carbon Revolution plc (NASDAQ:CREV), a leading manufacturer of lightweight carbon fiber automotive wheels, announced the appointment of Robert A. Lutz as its new Chairman of the Board of Directors. A seasoned automotive industry veteran from General Motors (NYSE:), Mr. Lutz takes on the role as the company begins a new phase of global expansion.

The change in leadership follows Carbon Revolution’s recent listing on Nasdaq and the addition of a US-based automotive executive to its board of directors in November 2023. Outgoing Chairman James Douglas expressed pride in the company’s achievements over the past 12 years and expressed his gratitude to Mr. .Lutz’s ability to move the company forward.

Mr. Lutz, who joined the Board of Directors in November 2023, brings extensive experience from executive positions at General Motors, Exide Technologies, Chrysler and Ford Motor Company (NYSE:). His military experience as a jet attack pilot in the United States Marine Corps and his academic qualifications, including a degree from the University of California, Berkeley, add to his outstanding profile.

As part of the board transition, Orion Infrastructure Capital’s Chris Leary and Jonathan Magaziner will also be appointed to the board. These changes are part of the structured equity facility agreement with the capital firm. The reconstituted Board of Directors will be led by Mr. It consists of Lutz, CEO Jake Dingle, and other key members who bring diverse experience and expertise to the company.

Carbon Revolution is recognized for its innovative approach to carbon fiber wheel manufacturing, supplying carbon fiber wheels to the performance, premium and luxury automotive segments of the world’s most renowned automotive brands. The company aims to maintain its position as a significant, sustainable, cutting-edge technology company within the global automotive industry.

This announcement is based on a press release and contains forward-looking statements regarding the Company’s future performance and strategic direction.

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