As successor to Vic Koelsch, Timothy D. Vargo will take over the positions of President and CEO at Exide Technologies, the U.S. energy storage solution provider made public last week.
Timothy D. Vargo joins the company with over 40 years of management experience in automotive supply chain and process improvement. Keith Wandell, Chairman of the Board for Exide Technologies, expressed his thanks to the predecessor Vic Koelsch and is looking forward optimistically to the new beginning under Timothy D. Vargo: “Vic made significant contributions to the Company, ensuring a successful return in the transportation aftermarket, positioning the Company to grow its OEM partnerships and introducing new products and services for its global motive and network power customers. Vic and the Board agree that now is the right time for a new leader with a fresh operational perspective to drive value in the next phase of Exide’s growth. Tim brings the right leadership skills and operational experience to step in and immediately accelerate our transformation.”
Source: Exide Technologies
Image Source: © Tim Vargo