Wednesday July 22, 2015 0 comments
LONGMONT -- UQM Technologies Inc. (NYSE MKT: UQM) announced its board of directors has promoted Joseph Mitchell to be its chief operating officer and serve as interim president and CEO as the board seeks a new CEO.
Eric Ridenour, the company’s former CEO, president and director, has left the company to pursue other interests, UQM said.
John Sztykiel, UQM director and former CEO of Spartan Motors, will be the board’s liaison during the transition period and serve as an advisor to Mitchell and the rest of the UQM management team.
“The board is excited to have Joe expand his responsibilities at UQM,” said Donald Vanlandingham, UQM’s board chairman. “Joe has played a major role in the company’s progress on a number of fronts and is ideally suited to assume these added responsibilities because of his integral knowledge of all aspects of the business and his strong relationships throughout the industry.
“We thank Eric for his leadership during the last five years.”
“I look forward to working closely with our board of directors, executive team and all of our employees to achieve our strategic goals,” Mitchell said. “Since joining the company in 2012, I have been involved in all facets of the business and am more confident than ever in UQM’s potential.”