UQM Technologies, Inc. (NYSE MKT: UQM), a developer of alternative energy technologies, announced today the appointment of John E. Sztykiel to the Company’s Board of Directors effective November 1, 2012. Mr. Sztykiel will replace Lt. General Jerome H. Granrud (U.S. Army, Ret.) who is retiring.
Mr. Sztykiel is the President and Chief Executive Officer of Spartan Motors, Inc. (Nasdaq:SPAR) and a member of Spartan’s board of directors. Prior to his appointment in 2002 as Spartan’s President and Chief Executive Officer, Mr. Sztykiel was President and Chief Operating Officer of Spartan Motors, Inc. and President of the Company’s largest subsidiary, Spartan Motors Chassis. Spartan Motors, Inc. designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle, emergency response, government services, defense, and delivery and service markets. The Company’s brand names - Spartan™, Spartan ERV™ and Utilimaster ® - are known for quality, performance, service and first-to-market innovation. The company employs approximately 1,700 associates at facilities in Michigan, Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan reported sales of $426 million in 2011 and is focused on becoming a global leader in the design, engineering and manufacture of specialty vehicles and chassis. Visit Spartan Motors at www.spartanmotors.com.
“We are honored to have John join our board of directors. John’s experience as the Chief Executive Officer of a high growth company, together with his specialty vehicle experience and knowledge of the military market will be a tremendous asset as we continue to expand and grow our business in the automotive, truck, bus, specialty vehicle and military markets,” said Eric R. Ridenour, President and Chief Executive Officer of UQM Technologies. “John is filling the seat being vacated by Jerry Granrud who is retiring. Jerry has served on the board since 2002 and was a member of the audit committee and the governance and nominating committee of the board. We thank Jerry for his ten years of dedicated and capable service to the company. His wisdom and counsel will be greatly missed.”