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Lithium-Ion Battery Maker Names New President
Date:9/10/2009

stiff pressures. He also led the company's entry into new and emerging markets, including a range of technologies for hybrid vehicles, and diversified the customer base by winning new business from Audi, Daimler-Chrysler, Fiat, Ford, Hyundai, Kohler, Nissan and Volkswagen.

Earlier Stanley was Senior Vice President and General Manager of Automotive Systems at Remy International, managing a $250 million business unit with 1,500 employees while increasing pre-tax operating margins (EBIT) five-fold. That followed a 16-year rise through a series of increasingly senior engineering and management positions with GM's Delco Remy Division, culminating as Director of Customer Programs, where he was responsible for $1.2 billion in yearly sales.

Stanley spent the past two years as President of the ATC Drivetrain arm of ATC Technology Corporation, where customers included Allison, Aston Martin, Chrysler, Ford, GM, Honda, Isuzu, Jaguar, Land Rover, Mitsubishi, Opel, Peugeot, Saab and Subaru. Stanley holds a B.S. in Mechanical Engineering from Rose-Hulman Institute of Technology and an M.S. in Manufacturing Management from Kettering University.

"EnerDel is one of a handful of companies playing a fundamental role in transforming the basic technology of automotive transportation," Stanley said. "As carmakers race to meet new fuel economy standards, electric drivetrain suppliers are going to be scaling up their operations dramatically while maintaining the quality and costs that those customers demand. We're also seeing significant new opportunities emerging on the electric utility grid. I can't think of a more exciting place to be right now."

EnerDel's two factories in Indianapolis are the first -- and so far only -- commercial-scale automotive lithium-ion battery manufacturing facilities in the United States. The company was recently awarded a $118.5 million grant from the U.S. Department of Energy under
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SOURCE Ener1, Inc.
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