Just a few months ago, in September 2010, the CEO of Think, Richard Canny, stepped aside to become vice chairman of Think's North American operations and focus on promoting sales of the all-electric city car in the U.S. This week, Canny announced he is moving away from this position at the end of January. In an email to AutoblogGreen, Canny said:
We've spoken with Canny many times in the past as we watched the company go from bankruptcy to reemergence and to the start of production in the U.S. Canny started working with Think in August 2008. He told Automotive News (sub. req.) that he still has "significant equity" in Think, "so I wish them every success and will be cheering them on from the sidelines."It's been an exciting 2-and-a-half years to be sure – but it's time for me to move on to another new adventure and challenge. It's certainly been a rewarding period to be in the electric vehicle business and I'm glad that I'm leaving the company closer to its vision.
[Source: Richard Canny, Automotive News]