Volkswagen Group of America has announced a leadership change at Electrify America, naming Giovanni Palazzo as the new Chief Executive Officer.
Electrify America was launched in 2016 to manage a $2 billion investment programme that will support the increased use of zero emissions vehicle (ZEV) technology in the United States.
Palazzo, who has been in the Volkswagen Group since 2011, has held various positions concentrating on electric mobility and infrastructure, having most recently served as Head of E-Mobility Business, Group Strategy, Volkswagen Group.
“Electrify America has taken off with its mission to enable Americans to discover the benefits of electric driving and provide the nationwide charging infrastructure to do so,” said Hinrich J. Woebcken, President and CEO, Volkswagen Group of America. “We are pleased to welcome Giovanni Palazzo, an expert in e-mobility in both vehicles and infrastructure, to lead the organization into its next phase of implementation.”
Mark McNabb has decided to leave the organisation. McNabb has led Electrify America since 2017 and built Electrify America from the ground up. Mark joined Volkswagen of Group America in 2013 as Chief Operating Officer, Volkswagen of America. He then led the organization’s efforts through the diesel settlement agreements and implementation.
“I want to thank Mark for his leadership in creating a totally new organization within Volkswagen Group of America,” said Woebcken. “Mark led a tremendous effort to help make things right for our customers and dealers during the TDI crisis. Under his guidance, Electrify America is off to a great start putting chargers into the ground and educating consumers about the benefits of e-mobility.”
Palazzo will assume the role later this year. Jan Vycital, CFO, Electrify America and Volkswagen Group of America, will act as the interim CEO along with his current duties.