Solectria Appoints New President

John Mulcair becomes new president while former president, Anita Rajan becomes executive vice president.

Published: 21-Dec-2001

WOBURN, Mass. - Solectria Corporation today announced that John J. Mulcair has joined the company as its new president. Mr. Mulcair, who has extensive experience guiding small and mid-sized companies in the high-technology and energy sectors, brings to Solectria a wealth of knowledge on managing the challenges facing rapidly growing enterprises. Anita Rajan, who served as president of Solectria since she co-founded it in 1989, has assumed the role of an executive vice president of the company.

"Having established a world-class reputation for its products and engineering services, Solectria is well-positioned to take advantage of the rapidly growing demand for clean transportation, reliable energy, and advanced materials engineering," said John Mulcair, president of Solectria. "I am excited about the tremendous potential offered by such a talented company as it moves forward in several very dynamic industries," said Mulcair.

Mr. Mulcair has served in senior executive level positions of numerous ventures including industrial and electronics manufacturers, and was a senior partner of an investment group specializing in high-technology companies. Mr. Mulcair holds an MBA from Columbia University, and has completed the Professional Management Development program at the Harvard University Graduate School of Business.

"We are very pleased to have someone of John's experience and insight join our executive team," said James Worden, chief executive officer and co-founder of Solectria. "His entrepreneurial expertise in operations and finance will enhance our ability to meet our ambitious goals in the years ahead," Worden said.

Solectria Corporation develops and manufactures a wide range of components for electric, hybrid, and fuel cell vehicles, and for the distributed generation of electric power. Solectria also offers comprehensive engineering services for electric drivetrain design and integration. Over 2000 vehicles worldwide - including cars, trucks, buses, and industrial machines - rely on Solectria's proprietary drive system technology. Solectria's Composite Engineering and Process Technology Group provides composites process engineering, and develops manufacturing equipment for composites parts production.

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