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October 17, 2012 04:49 pm GMT

Better Place Board Quietly Removes CEO Shai Agassi, Places Evan Thornley At Helm

Screen Shot 2012-10-17 at 2.19.31 PMThe board of switchable battery makers Better Place have quietly removed CEO Shai Agassi and replaced him with Better Place Australia CEO Evan Thornley. According to Globes.Co.Il, the company lost $490 million since its founding in 2007. They raised multiple rounds including a $350 million round in 2010.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bjfEpaANF6M/

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