Microvast Appoints Zach Ward as President to Drive Ongoing U.S. Expansion
August 08 2023 - 4:29PM
Business Wire
Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the
“Company”), a technology innovator that designs, develops, and
manufactures lithium-ion battery solutions, is excited to announce
the promotion and appointment of Zach Ward as the new President of
the organization. This leadership move marks a significant
milestone in the company's journey toward continued expansion in
the United States.
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Yang Wu, Microvast’s Founder, Chairman
and CEO, and Zach Ward, Microvast’s new President (Photo: Business
Wire)
“Since joining Microvast as the President of Microvast’s Energy
Division, Ward has been instrumental in the growth of Microvast,”
said Yang Wu, Microvast’s Founder, Chairman and Chief Executive
Officer. “His passion and decades of management and industry
experience have given him an unparalleled understanding of the
opportunities and challenges Microvast faces. He has earned the
respect of our organization, making him ideally suited to help lead
the company and return value to our shareholders.”
Ward brings a wealth of experience to Microvast, having held
senior leadership positions in energy and technology companies for
over 20 years. He is recognized for his ability to foster
collaboration, drive growth, and lead cross-functional teams toward
achieving ambitious goals.
“I am truly honored to be part of the leadership team guiding
Microvast at this exciting juncture in the company’s journey,”
shared Zach Ward, Microvast’s new President. “This is a
well-planned transition, and I look forward to working closely with
Mr. Wu to build a strong and focused company to further advance our
mission and achieve our objectives.”
As the new President, Ward will oversee various aspects of the
company’s global day-to-day operations. His deep industry insights
and forward-thinking approach will be invaluable as Microvast
continues to expand in the U.S., drive advancements in battery
technology, and contribute to the global transition toward
electrification. “I am confident Ward’s leadership will help propel
the company to new heights, foster continued growth both in the
U.S. and globally, and serve our customers and shareholders well,”
added Wu.
About Microvast
Microvast is a global leader in providing battery technologies
for electric vehicles and energy storage solutions. With a legacy
of over 17 years, Microvast has consistently delivered cutting-edge
battery systems that empower a cleaner and more sustainable future.
The company’s innovative approach and dedication to excellence have
positioned it as a trusted partner for customers around the world.
Microvast was founded in 2006 and is headquartered in Stafford,
Texas. For more information, please visit www.microvast.com or
follow us on LinkedIn or Twitter (@microvast).
Cautionary Statement Regarding Forward-Looking
Statements
This communication contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements include, but are not limited to, statements
about future financial and operating results; our plans,
objectives, expectations and intentions with respect to future
operations, products and services; and other statements identified
by words such as “will likely result,” “are expected to,” “will
continue,” “is anticipated,” “estimated,” “believe,” “intend,”
“plan,” “projection,” “outlook,” or words of similar meaning. These
forward-looking statements include, but are not limited to,
statements regarding Microvast’s industry and market sizes, future
opportunities for Microvast, and Microvast’s estimated future
results. Such forward-looking statements are based upon the current
beliefs and expectations of our management and are inherently
subject to significant business, economic, and competitive
uncertainties and contingencies, many of which are difficult to
predict and generally beyond our control. Actual results and the
timing of events may differ materially from the results anticipated
in these forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230808978223/en/
Brooke Bentley Vice President, Marketing &
Communications brooke.bentley@microvast.com (970) 773-580
Rodney Worthen Director of Investor Relations
ir@microvast.com
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