EcoMotors Adds CFO, Director

Patrick S. Aubry will join EcoMotors International, the Michigan-based automotive engine developer, as Chief Financial Officer and will add Jennifer Holmgren to its board of directors. Holmgren also serves as CEO of LanzaTech, a bioenergy tech firm, and holds multiple patents. EcoMotors is backed by Khosla Ventures and Bill Gates.

PRESS RELEASE:

EcoMotors Welcomes Dr. Jennifer Holmgren to Board and Patrick S. Aubry as CFO

ALLEN PARK, Mich., Aug. 25, 2011 — EcoMotors International has appointed Dr. Jennifer Holmgren to its Board of Directors and named Patrick S. Aubry as the company’s Chief Financial Officer. Dr. Holmgren is a CEO, chemist, noted author, and a holder of multiple patents. She adds a depth of relevant experience and acumen to EcoMotors’ board. Aubry brings more than 25 years of financial management experience, including senior management responsibilities at three manufacturing companies.
Dr. Holmgren is CEO of LanzaTech, a BioEnergy technology firm, and has more than 20 years of experience in the energy field. She previously served as Vice President and General Manager of the Renewable Energy and Chemicals business unit at UOP LLC, a Honeywell Company. She was instrumental in building UOP’s renewable ventures into a contributing business unit, while simultaneously stretching research initiatives to introduce novel technology solutions.
“With Dr. Holmgren on our board, the collective vision of EcoMotors is significantly strengthened,” said Don Runkle, EcoMotors’ Chief Executive Officer. “She gives us valuable insights into the future of liquid fuels. Both EcoMotors and LanzaTech comprise disruptive technologies in the energy field, and Dr. Holmgren will add an important new dimension to EcoMotors’ strategic plans.”
Dr. Holmgren holds a B.Sc. degree from Harvey Mudd College, a Ph.D. from the University of Illinois at Urbana-Champaign, and an MBA from the University of Chicago. She is the author or co-author of 50 US patents and 20 scientific publications, and was the 2003 recipient of the Council for Chemical Research’s Malcolm E. Pruitt Award. In 2010, Dr. Holmgren was highly placed on Biofuels Digest’s list of the 100 most influential people in bio-energy.
Patrick Aubry is EcoMotors’ first CFO, a position made necessary by the company’s continuing growth and the increasing pace of commercialization of the revolutionary opoc® engine.
“This is the right time to add a CFO, as our growth and expansion are accelerating,” Runkle said. “More and more customers are recognizing the tremendous potential of the opoc® engine and its associated technologies – that it represents a remarkable competitive advantage and provides benefits in enhanced profitability and environmental sustainability. We believe that Patrick’s experience, particularly in the area of operational management of vehicle engineering and manufacturing systems, will be a great addition to EcoMotors’ senior management team.”
Before joining EcoMotors, Aubry was Chief Financial Officer at EP Management Corporation (formerly EaglePicher Corp.) for five years, and before that was CFO at ASC Incorporated for three years. He was also the VP of Finance for Faurecia NA Exhaust. His areas of general business experience include financing, manufacturing, quoting, development and engineering, commercial planning, purchasing, information systems and human resources. Aubry holds a BBA degree, accounting major, from the University of Toledo, and has been a Certified Public Accountant since 1986.
About EcoMotors
Based in Allen Park, Mich., and established in early 2008, EcoMotors is changing the landscape of internal combustion power by commercializing the unique opoc® engine for use in cars, light trucks, commercial vehicles, aerospace, marine, agriculture, auxiliary power units and generators. Anywhere conventional gas or diesel power is currently utilized, opoc® represents a better propulsion solution.
Two primary investors in EcoMotors are Khosla Ventures and Bill Gates. Khosla Ventures, based in Menlo Park, Calif., offers venture assistance, strategic advice and capital to entrepreneurs to help them extend the potential of their ideas in breakthrough scientific work. Khosla Ventures specializes in clean technology areas such as solar, battery, high efficiency engines, lighting, greener materials, and other environmentally friendly technologies. Vinod Khosla, who founded the firm in 2004, is a founder of Sun Microsystems and was formerly a General Partner at Kleiner Perkins.