News

Valence Technology Appoints James Akridge as CEO

July 12, 2005 by Jeff Shepard

Valence Technology Inc. (Austin, TX) announced the appointment of Dr. James Akridge as Chief Executive Officer. A veteran in the global battery industry, he has a successful track record in general management as well as deep technical battery expertise. Akridge will also be appointed to Valence Technology's Board of Directors.

Akridge succeeds Stephan Godevais, who has transitioned Valence from a company focused on research and development into a company that has developed, produced, and marketed breakthrough products in the battery industry. Godevais will remain as Chairman of the Board of Valence Technology for a transition period, working closely with Akridge and the executive team. Following the transition period, Godevais will act as an advisor to the company.

"We're very fortunate to have attracted to Valence someone of Jim's caliber," said Godevais. "His extensive experience in management, research and development, and operations will be of tremendous benefit to the company as it progresses to the next stage of growth."