This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

H. Ravi Brar Named New ECOtality CEO

SAN FRANCISCO, Sept. 12, 2012 (GLOBE NEWSWIRE) -- ECOtality, Inc. (Nasdaq:ECTY), a leader in clean electric transportation and storage technologies, announced today that H. Ravi Brar will succeed Jonathan Read as the new president and chief executive officer of the company, effective today.

"This is an exciting time for ECOtality and for electric transportation and I am eager to take on the opportunities that lie ahead," Brar said. "As ECOtality begins transitioning from the implementation of our EV Project towards a shift to commercial sales and the launch of our Blink network in new markets around the country, we are perfectly poised to take this growing industry to the next level."

Brar joined ECOtality in November 2010 as chief financial officer. Previously, Brar served as executive vice president and chief financial officer at Exigen Services, Inc., a pre-IPO global software development outsourcing company based in Russia and China. Prior to that, Brar was chief financial officer and chief operating officer for Pac-West Telecom and worked for Xerox in international business development and domestic finance, sales and operational roles for nearly a decade.

"We are excited to have someone of Ravi Brar's leadership caliber ready to step up," said ECOtality board member Andrew Tang, managing director, ABB Technology Ventures. "Ravi's breadth of experience is ideal for ECOtality as it becomes a sales driven organization and grows and expands into new territory. When he came in as CFO, we envisioned him stepping into this CEO role at the appropriate time. That time has now come."

"I am proud of what we have built with ECOtality," Read said, "and there is a tremendous growth opportunity ahead of it. One of the reasons we chose Ravi as CFO was that we knew he would be a great succession candidate. As I move on to explore new ventures after seven rewarding years with ECOtality, I know that with strong leaders like Ravi Brar and our new COO, Murray Jones, I leave this company in good hands."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.25 -0.98%
FB $118.18 0.64%
GOOG $699.24 0.99%
TSLA $228.77 -1.50%
YHOO $35.87 -0.39%


Chart of I:DJI
DOW 17,659.14 -91.77 -0.52%
S&P 500 2,050.11 -13.26 -0.64%
NASDAQ 4,727.0990 -36.1250 -0.76%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs