Exro appoints Interim Chairman
by CM staff
Executive Chairman Mark Godsy has steped down.
CALGARY — Exro Technologies Inc., announced that Mark Godsy, long-time Chairman of its Board of Directors, has decided to step down, effective March 31.
The Board has elected Director Rod Copes to the position of Interim Chairman.
“Exro has been very fortunate to have Mark as part of our leadership team,” said CEO Sue Ozdemir. “Mark’s entrepreneurial insights have helped to guide the business and establish a framework that sees a thoughtful leadership transition at the right time in the Company’s development. On behalf of the Board and all our employees, we want to thank him for his years of dedicated service to the Board of Directors and the Company and wish him well in his other endeavours.”
“Serving Exro as Board Chairman has been the honour, as well as the experience of a lifetime”, said Godsy. “A special thanks to Exro’s employees and my fellow Board members, past and present, for the meaningful collaboration and shared commitment to the Company’s success. Having also served previously as CEO, I decided this is the perfect moment to make way for a new chair of the board as the company continues to thrive. I am excited for the future of Exro, as it is well-positioned with the support of evolving leadership to execute and launch innovative technologies that support the critically important transition to a sustainable electrified world”.
Godsy will advance two early-stage companies for which he is founder, CEO and Chairman: wireless earbud and wearables technology company Naqi Logix, and neurological disease medicine developer Shackelford Pharma Inc.
“We are also very pleased to announce the appointment of Rod Copes as Interim Chairman of the Board,” said CEO Sue Ozdemir. “Rod’s decades of unique experience in scaling manufacturing operations at both Rivian and Harley-Davidsonin the US, as well as listing on the Nasdaq exchange, serve as tremendous assets to Exro. On behalf of everyone at Exro and the Board, we welcome Rod to his new position and look forward to working with him to continue our efforts to build significant value for our shareholders.”
Copes joined the Board of Exro in May 2022 following his retirement as COO at Rivian. Since joining Exro, Copes has been working with management as the company prepares to launch series production of its Coil Driver™ technology for automotive, and Cell Driver™ technology for commercial & industrial energy storage.
