Improvements to the background descriptions of the two HPEV engineers on their website.
My guess is they wrote the previous backgrounds, from what I recall from the old version is that they had both worked together to develop the drive train for the mars rover. Pretty cool, and very related to this company. But not something that gives shareholders a warm fuzzy.
Now a marketing type person has obvious sat down with their vita and decided to focus on different elements, like their knowledge in bringing profitable products from the research stage to market both foreign and domestic. The mars rover item is gone. Too bad it was cool and successful (remember it did go to mars and run for a long time), but doing that doesn't mean you can succeed in a startup. The backgrounds now focus on experiences that directly show that they know what they are doing and this is not their first rodeo.
Hassett
- as a General Manager of Distribution Services in the Industrial Systems Division of General Electric, he grew the business 30% in two years while adding 10 points to the profit margin. As a result, he was assigned to turnaround GE’s Industrial Motors business unit. Mr. Hassett restructured costs through joint ventures, established strategic alliances in Latin America and Asia and developed new products culminating in top line and operating margin growth by well over 10%.
In 2000, he was recruited to become President of Hawk Motors, a division of Hawk Corporation. He restructured the rotor division to corner a segment of the motor market known as RAC and HVAC. Under Mr. Hassett’s leadership, the company captured more than a 90% share in the market segment in three years.
- From 2006 to 2010, he served as President of LEMO USA, a division of a Swiss-based electronics connector company. He turned the company around with a five year plan that doubled revenues and grew the bottom line more than twentyfold. The company became the premier supplier to the medical device and robotics markets as well as grew its cable assembly business revenues by 800%.
Hodowanec
- In 1994, Mr. Hodowanec moved to Siemens Energy & Automation where he worked as a master of engineering for ten years. During that time, he developed and enhanced oil and gas pump motors as well as updated and packaged the entire NEMA electric motor line.
- As director of operations at WaveCrest Laboratories, he guided a number of electric propulsion systems from research and development to production.
- an engineering consulting firm in 2004 that offered design, analysis, manufacturability assessment and troubleshooting services on electric motors and rotating equipment.
- In 2006, he became program manager and lead engineer for Curtiss-Wright. There, he led the development program for an arresting gear motor/generator that resulted in a $23 million contract.
