Board of Directors
PowerGenix is well capitalized through private investment by six top-tier investment firms. Each of these firms is well established, has extensive experience in the energy space and has a history of success investing in new energy technologies.
The financial and directional support afforded by these companies enables PowerGenix to focus on business growth and enables aggressive new product introduction cycles, customer support, and marketing efforts.
The PowerGenix Board of Directors is made up of the following investor representatives:
- Robert Kanode - PowerGenix CEO
Bob joined Powergenix as the Chief Executive Officer in September 2013. Before PowerGenix, he was the CEO of Valence Technology, a public company and leader in large format lithium batteries for automotive, marine, medical, industrial, back-up power market segments. An accomplished executive in the battery industry, Bob has also held CEO and President positions at Evercel and Varta North America respectively. Bob earned a Bachelor of Science degree in Engineering Management from Auburn University and is a former board member of the Portable Rechargeable Battery Association.
- Dan Squiller of GT Advanced Technologies
Dan is Chairman of PowerGenix Board of Directors and was the CEO of the Company from 2003 to 2012. During his tenure as the CEO, PowerGenix introduced the first new rechargeable battery chemistry in 20 years. Before PowerGenix, he was the President of Invensys Power Components. Dan’s prior assignments include Indyme Electronics, St. Bernard Software and Scientific Atlanta. He has held functional roles in general management, operations, engineering, marketing, sales and business development with extensive experience establishing operations in Asia. He holds a BSEE and MA in Organizational Communication from Ohio University.
- Ira Ehrenpreis of Technology Partners
Ira Ehrenpreis is a General Partner with Technology Partners, leading its Cleantech investment practice. Technology Partners is a 23 year old venture capital firm that has managed more than $750 million of investment capital investing in more than 100 companies. The majority of investments are in early stage companies. The firm invests approximately half of its capital into Cleantech (Energy Technology, Water Technology, and Materials Science) companies and the other half into companies focused on the Life Sciences.
- Nancy Pfund of DBL Investors
Nancy E. Pfund is Founder and Managing Partner of DBL Investors, a San Francisco-based “double bottom line” venture capital firm whose goal is to combine top-tier financial returns with meaningful social, economic and environmental returns in the regions in which it invests. DBL currently manages two funds over $225M with investment focus in clean technology, information technology, healthcare including health and wellness, and sustainability-oriented products and services.
- Anil Tammineedi of Angeleno Group
Anil Tammineedi is a Principal at Angeleno Group and leads the firm’s investments across various sectors including smart transportation, energy efficiency and energy storage. Previously, he gained several years of operating experience at Broadcom, where he worked in product development and leadership roles related to semiconductors targeting communications, mobile and power management applications. Mr. Tammineedi’s prior investing experience includes his work at Applied Ventures, the corporate venture group of Applied Materials. Mr. Tammineedi holds an M.S. from Iowa State University and an M.B.A. from the UCLA Anderson School of Management, where he was a recipient of the Gloria Appel award for his contributions to the Entrepreneurship program. He is also a Kauffman Fellow.
- John J. Rockwell of DFJ Element
John has 18 years of experience investing in venture capital and developing companies commercializing applications of advanced materials. He has invested broadly across the CleanTech sectors with an emphasis on advanced materials, information technology and electronics. Prior to joining DFJ Element, John was a Partner at Advent International Corporation and managed the firm's California office.
- Jason Rottenberg of Arsenal Venture Partners
Jason is the Managing Director of Arsenal Venture Partners (AVP) the leading venture capital firm focused on the intersection of the commercial and defense markets. AVP, formerly MILCOM Venture Partners, manages multiple early-stage venture capital funds including Arsenal Venture Partners II, OnPoint Technologies, and MILCOM Technologies. AVP invests in companies across three primary sectors: communications and information technology, power and energy, and environmental and industrial technologies.
- Johnny R. Thomas, CEO of Blue Earth, Inc.
Dr. Thomas has served as a director and officer of several publicly traded companies. He has founded and invested in several public offerings in sectors including environmental, agriculture, biotechnology, energy, and high technology. In spearheading a mergers and acquisition program, he grew the company from $29,000 in revenues to more than $350 million by acquiring thirty-four companies in approximately four years. He increased the market valuation of the company to $1.2 billion. Dr. Thomas received the “Entrepreneur of the Year” award from Ernst & Young, LLP/NASDAQ in 1998 for the Southern Nevada/Riverside, California area. Dr. Thomas received a B.S. degree in Agronomy from New Mexico State University, and a Master's and Ph.D. in Genetics/Plant breeding from Oregon State University.