April 19, 2014 2:21 AM ET

Machinery

Company Overview of Proterra, Inc.

Company Overview

Proterra, Inc. designs and manufactures heavy duty vehicles. It offers electric buses, including public transit buses. The company also provides EcoRide, a low-floor composite body transit bus. Its on-route charging station technology offers convenient method for charging heavy duty vehicles. The company’s system allows a battery electric bus to pull into a transit center terminal or on-route stop and automatically connect to an overhead system that links the bus to a high capacity charger without driver involvement. Proterra, Inc. was founded in 2004 and is headquartered in Greenville, South Carolina.

1 Whitlee Court

Greenville, SC 29607

United States

Founded in 2004

Phone:

864-438-0000

Fax:

864-281-1894

Key Executives for Proterra, Inc.

Chief Executive Officer and President
Founder
Chief Financial Officer
Vice President of Engineering
Chief Business Development Officer and General Counsel
Compensation as of Fiscal Year 2013.

Proterra, Inc. Key Developments

Proterra Inc. Appoints Ray Lahood to Board of Directors

Proterra Inc. announced that former Secretary of Transportation Ray LaHood will join the company's Board of Directors effective immediately. Prior to serving as Secretary of Transportation, he served on the House Transportation and Infrastructure Committee for six years and on the House Appropriations Committee for nearly eight years, giving him strong knowledge of the transportation sector and of the funding issues at play in the industry.

Proterra Inc. Announces Executive Changes

Proterra Inc. has recently announced the addition of Dave Rich as chief financial officer and Bill Fay as vice president of sales. These hires come to the company with a wealth of automotive and transportation industry expertise and will play a critical role in the company's growth plans. Dave Rich brings 23 years of financial and business leadership experience, including 19 years in progressively responsible roles within Ford Motor Company, in the areas of corporate business development, corporate capital investment and automotive cash. Most recently, he served as chief financial officer at Toyota Boshoku America. Bill Fay comes to Proterra with more than 20 years of industry experience and a proven track record of developing, implementing and executing go-to-market strategies. He most recently worked for Clever Devices as vice president and managing director of North Carolina operations, where he led the Clever Care sales and service organization along with all OEM relationships. Before Clever Devices, he held senior management positions with Digital Recorders, TwinVision, ElDorado National Bus Company, and Blue Bird.

Proterra Mulls IPO

Proterra, Inc. is seeking to launch it initial public offering (IPO) in two years. Garrett Mikita, President and Chief Executive Officer of Proterra, said that its owners plan an initial public offering in late 2015 or 2016.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 4, 2013
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