WILMINGTON, Del., Sept. 19, 2012 /PRNewswire/ -- Acorn Energy, Inc. (NASDAQ: ACFN), the digital energy company, today announced that Mannie L. Jackson has joined its Board of Directors having been elected at the September 11, 2012 annual shareholder meeting.
"I continue to be honored and excited at the ability of Acorn Energy to attract the interest of true leaders and visionaries in business. Having someone like Mannie Jackson join our Board of Directors can only enhance the ability of the Board to help guide Acorn and our portfolio companies on a path of success," said John Moore, Chairman & CEO, Acorn Energy.
Mr. Jackson brings to the Board deep corporate and entrepreneurial operating, strategic planning and senior managerial experience; as well as access to a network of domestic and international business relationships. He previously served on the Board of Directors of several Fortune 500 companies, including Ashland Inc., Reebok International, Stanley Works, Jostens and True North. Mr. Jackson is currently Chairman of privately held Boxcar Holdings, LLC. He is also a former player turned owner and Chairman of the Board of the Harlem Globetrotters.Mr. Jackson started his business career at General Motors, Inc. He went on to serve as President and General Manager of Honeywell's Telecommunications Business and later Corporate Executive VP of worldwide Sales and Marketing before retiring as a Corporate Officer and Senior Vice President in 1993. In 1986, Mr. Jackson helped found and Chaired the Executive Leadership Council which is comprised of the most senior African American corporate executives in Fortune 500 companies. He is the former Chairman of the Board of Trustees of the Naismith Basketball Hall of Fame and is an active philanthropist. He is also the recent author of Boxcar to Board Rooms a poignant reflection of his memories and travels as he ascended the corporate ladder. "Acorn Energy and their four portfolio companies present an intriguing opportunity for me to leverage my vision, experience and contacts on behalf of truly unique and relevant technology. Joining the Acorn Board at this stage in its corporate life is an exciting chance to make a substantive difference in the trajectory of all four businesses," said Mr. Jackson.