August 27, 2014 4:52 AM ET

Automobiles

Company Overview of Wrightspeed, Inc.

Company Overview

Wrightspeed, Inc. designs, develops, and sells advanced electric drive system technology products. It offers X1 prototype electronic cars. The company was founded in 2005 and is based in Burlingame, California.

1400 Rollins Road

Suite B

Burlingame, CA 94010

United States

Founded in 2005

Phone:

650-787-8729

Fax:

650-343-8905

Key Executives for Wrightspeed, Inc.

Founder and Chief Executive Officer
Chief Financial Officer
Age: 57
Vice President of Operations
Vice President of Sales and Marketing
Compensation as of Fiscal Year 2014.

Wrightspeed, Inc. Key Developments

Wrightspeed, Inc. Announces Executive Appointments

Wrightspeed, Inc. announced the expansion of its team to include three key executive appointments. Jonathan Randall has joined the company's as Vice President of Sales and Marketing, Pete Patel as Vice President of Operations and David Wagenseller as Chief Financial Officer. The new executives will support the company as it evolves from proven startup to volume producer, assisting in the implementation of the company's accelerated go-to-market plan for its first advanced fuel-saving product, The Route(TM). Prior to joining the company, Randall held executive sales, marketing and operations management positions with Idealease, Inc., Daimler Trucks North America, Freightliner Custom Chassis and Blue Bird Corporation. Patel will be instrumental in leading Wrighspeed in the implementation of its $5.8 million facilities and manufacturing grant from the California Energy Commission. Before joining the company, Wagenseller worked at Network Equipment Technology (NET), now Sonus, where ultimately he held the post of acting President and CEO. He joined the company in 1986 and during his tenure held roles including Chief Financial Officer, Controller, Treasurer, and Director of FP&A.

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