– USA, MA – Sevcon, Inc. (Nasdaq:SEV) today announced that Board member Ryan J. Morris, CFA has been elected Executive Chairman of the Board.
“I am honored to be elected to this newly created role at Sevcon,” said Morris. “I have been personally excited about the potential impact of electric vehicles for decades, and believe that Sevcon is well positioned to capitalize on the global trend toward electrification. I look forward to working with the management team and board to accelerate Sevcon’s growth and leverage its unique strategic position.”
Mr. Morris has been a member of Sevcon’s Board of Directors since 2013. He founded Meson Capital Partners LLC in 2009, and serves as President. He served as the Executive Chairman of the Board of InfuSystem Holdings, Inc., a leading provider of infusion pumps and related services, from April 2012 through May 2015 and continues to serve on its board. He also founded and served as CEO of VideoNote LLC, an educational software company. He holds a B.Sc. and M.Eng from Cornell University.
About Sevcon, Inc.
Sevcon is a global supplier of control and power solutions for zero-emission, electric and hybrid vehicles. Its products control on- and off-road vehicle speed and movement, integrate specialized functions, optimize energy consumption and help reduce air pollution. Sevcon’s newly acquired Bassi Division produces battery chargers for electric vehicles; power management and uninterrupted power source systems for industrial, medical and telecom applications; and electronic instrumentation for battery laboratories. The company supplies customers from its operations in the U.S., U.K., France, Germany, Italy, China and the Asia Pacific region, as well as through an international dealer network.
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