Thomas Kemeny joins Think as new CFO; Alain Haag appointed VP of purchasing

Back in August, Think snagged Michael Lock, former chief executive officer (CEO) of Ducati North America, and assigned him to the post of chief marketing officer. In October, Think made another move and replaced its now-former CEO Richard Canny with former Ford of Canada (and Brazil) CEO Barry Engle. The leadership changes continue because Think has appointed Thomas Kemeny, a former director of Ford's Corporate Business Development division, to the post of chief financial officer (CFO). In addition, Think named Alain Haag, former vice president at Volvo Powertrain, to be vice president for purchasing.
Think CEO, Barry Engle, highlighted the importance of adding Kemeny and Haag to the automaker's leadership team, stating:
These two new appointments bring un-rivalled quality and experience to the top finance and supply chain echelons at Think. Tom will bring what he's achieved in North America and in dealing with the DoE to the headquarters here in Oslo, with a new vigour and enthusiasm. His role will become even more crucial as we ramp up operations around the world in 2011 - a very finance intensive operation. Alain Haag brings hugely impressive international automotive experience to Think's supply chain management.
For the record, Think's outgoing CFO, Helge Nerland, apparently left the company to, "pursue new challenges."

[Source: Think]

PRESS RELEASE

THINK further strengthen's leadership team with two new top management appointments


THINK today announces two new appointments to its top management team, following the leadership transition this Summer with Barry Engle joining the company as CEO and Michael Lock as Chief Marketing Officer.

OSLO, Norway, 12 November 2010

Long-time auto industry finance leader, Thomas Kemeny, is appointed CFO with immediate effect. Tom joins the THINK global team in Oslo from his position as CFO at THINK North America. Previous to this he spent over ten years in finance management roles across Ford Motor Company and its subsidiaries, most recently as Director, Corporate Business Development at the Ford world headquarters in Dearborn.

An American national, Tom holds an MBA from Harvard, is married with three children, and will divide his time between offices in North America and THINK's Oslo headquarters.

Previous THINK CFO, Helge Nerland, has left the company to pursue new challenges.

Alain Haag joins THINK in the new position of VP Purchasing from his previous role as Vice President at Volvo Powertrain. At AB Volvo Group, Alain was in charge of programs building medium duty powertrain global platforms. Previous to this he was VP of Purchasing within the Volvo Powertrain function, where he led integration, global strategy and operational development.

A French national, Alain also served over ten years with Renault Trucks - Mack Trucks Group working in global purchasing, manufacturing control and logistics positions. He holds a MSc from the National Mining School St-Etienne, is married with three children and will live in Oslo.

"These two new appointments bring un-rivalled quality and experience to the top finance and supply chain echelons at THINK. Tom will bring what he's achieved in North America and in dealing with the DoE to the headquarters here in Oslo, with a new vigour and enthusiasm. His role will become even more crucial as we ramp up operations around the world in 2011 - a very finance intensive operation," said THINK CEO, Barry Engle.

"Alain Haag brings hugely impressive international automotive experience to THINK's supply chain management. As we move forward with numerous product updates and all-new models, this will be a vitally important function to execute efficiently and effectively. I have every confidence in Alain and his team's ability to do just this."

About THINK:

THINK is a pioneer in electric vehicles and a leader in EV technology, developed and proven over 20 years. With nearly 10,000 electric vehicles on the road and more than 56 million kilometres (35 million miles) of customer experience, THINK is at the very heart of this embryonic industry. The THINK City is currently the world's best-selling electric car and the first EV to be granted pan–European regulatory safety approval. It is sold across Europe, with sales and production about to start in the US and operations being developed in Asia.

THINK is also a leader in electric drive-system technology, and was the first to offer a modular and flexible EV drive-train solution in the commercial sector. With its Scandinavian origins and sustainability mindset, it is one of the most carbon-efficient car companies in the world.

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