Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.W | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Comment by iiioiiion Jul 12, 2020 4:02pm
122 Views
Post# 31257917

RE:RE:RE:Founder Jonathan Ritchey ?

RE:RE:RE:Founder Jonathan Ritchey ?
You're aware that Jonathan Ritchey remains Chief Scientist at Exro right? The role of director is quite different from that of Chief Scientist and this change could simply reflect the desire of Mr.Ritchey to focus his time on the technology itself.

Further, Sue Ozdemir was just recently elected to the Board of Directors at the AGM. Note that there are only 6 board positions available and that this number was reaffirmed at the AGM. Jonathan Ritchey merely made room for Sue Ozdemir to sit on the board by stepping down. This is frankly a better fit since she can now oversee day-to-day operations as well as have a role in the strategic direction; something she is likely much more capable of doing given her background. Having the CEO on the Board of Directors is both common and often desirable.

The suggestion that Jonathan Ritchey is somehow unhappy or is being pushed out appears to be more an artifact of poor research than proof of an actual schism in the company given his continued and prominent role.
<< Previous
Bullboard Posts
Next >>