XL Fleet Announces New Executive Team Appointments to Lead the Company’s XL Grid and Legal Organizations
January 19 2021 - 7:00AM
Business Wire
Colleen Calhoun Named VP & General Manager
of XL Grid After 25 Years as a Leader in GE’s Energy, Power and
Finance Businesses
Jim Berklas Appointed General Counsel & VP
of Corporate Development After 11 Years of Public Company
Leadership and Closing Over 200 Acquisition and Financing
Transactions
XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a
leader in vehicle electrification solutions for commercial and
municipal fleets, today announced two additions to its executive
leadership team designed to support the Company’s rapid expansion
plans in 2021 and beyond.
Colleen Calhoun, a clean energy executive who spent over two
decades at GE in senior leadership roles across its energy, power
and finance businesses, has joined XL Fleet as Vice President and
General Manager of the Company’s XL Grid division. In this role,
Colleen will be responsible for leading and growing the XL Grid
business, which provides commercial and municipal fleet customers
with charging infrastructure, energy storage and power solutions
for fleets, and advances XL Fleet’s Electrification as a Service
Offering.
During her tenure at GE, Colleen held key leadership positions
across several successful business units. She served as the head of
GE Energy Ventures, leader of Marketing & Strategy for GE’s
Power & Water business and head of the Global Growth Markets
platform for Energy Financial Services. Colleen was also a senior
member of the GE team that launched Current, a leading provider of
energy efficiency and digital productivity solutions for commercial
buildings and cities. Colleen served as Chief Marketing Officer and
head of Business Development and was instrumental in the divesture
of the business from GE in 2019. Most recently, Colleen has been a
strategic advisor to Commonwealth Fusion, Quaise Inc. and several
other corporations, helping them grow and scale their
energy-focused businesses. She is a member of the Board of
Directors for Quaise, Inc. and the Clean Energy Trust.
XL Fleet also announced it has appointed Jim Berklas, a senior
legal and M&A executive, as the Company’s General Counsel &
Vice President of Corporate Development. In this role, Jim will
oversee the Company’s legal and compliance functions and help
execute upon its corporate development initiatives, including
strategic M&A investments. Prior to joining XL Fleet, Jim
founded a boutique investment bank representing smaller domestic
manufacturers and served as the Chief Growth Officer, head of
M&A and general counsel of medical device and packaging
manufacturer Westfall Technik, where he led the acquisition of 17
companies and improved profitability by over 40%. Jim brings 25
years of legal experience with 11 years of public company
leadership and has closed over 200 acquisition and financing
transactions.
“One of XL Fleet’s earliest post-merger priorities is to add the
key leadership talent needed to help the Company execute on its
rapid growth plans,” said Dimitri Kazarinoff, Chief Executive
Officer of XL Fleet. “Colleen and Jim bring a wealth of new
experience and leadership capabilities to XL Fleet, and we are
excited to bring them on board as we begin scaling the organization
in 2021.”
About XL Fleet Corp.
XL Fleet is a leading provider of vehicle electrification
solutions for commercial and municipal fleets in North America,
with more than 140 million miles driven by customers such as The
Coca-Cola Company, Verizon, Yale University and the City of Boston.
XL Fleet’s hybrid and plug-in hybrid electric drive systems can
increase fuel economy up to 25-50 percent and reduce carbon dioxide
emissions up to 20-33 percent, decreasing operating costs and
meeting sustainability goals while enhancing fleet operations. XL
Fleet’s plug-in hybrid electric drive system was named one of TIME
magazine's best inventions of 2019. For additional information,
please visit www.xlfleet.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210119005311/en/
Media Contact: Eric Foellmer, Director of Marketing (617)
648-8555 PR@xlfleet.com
Investor Contact: Marc Silverberg, Partner (ICR)
xlfleetIR@icrinc.com
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