The Power CEO CEO Phil Molyneux has stopped as part of a larger strategic at a recognized electric bicycle company. The company tells technico financial office stephanie Roberts will be the CEO of Interim when the company is looking for a substitute, and Molyneux will be an advisor.
News, first Reported by electrrek, several months after passing The fifth round of the separation for four yearsSee rankings-. Molyneux takes the CEO role in 2022 after the CEO Mike Mike Radenbaugh was rejected. ShakeUp comes at a time when a lot of e-brand of e-bicycles that most visible is struggling, with two – Cake and Less – Recently passing bankruptcy bankruptcy.
The power of Rad is in the middle of “strategic pivot to support the focus is more important in the physical shop, which is required to downsizing the team we are involved in a direct business,” says the company in the claim. “When it is likely to be challenging to the decision, we approach this transition with support and unpredictable for a talented team member and believe that this team will be more supportive our riders will come forward.”
