The bankruptcy of Think Global is dragging Ener1 down even more, so an executive shake-up, it seems, is in order.
Ener1, Inc. has named Christopher Cowger, former corporate vice president and general manager for semiconductor firm Advanced Micro Devices (AMD), as chief executive officer of its lithium-ion battery subsidiary EnerDel. Cowger was also appointed as president of Ener1.
A123 Systems, a Massachusetts-based lithium-ion battery manufacturer, has announced that its chief financial officer and vice president of finance and administration, Michael Rubino, will step down from his position and part ways with the company effective January 2011. A123 Systems has already launched a search for a successor capable of handling Rubino's duties.