Tuesday, August 9, 2011
AC Propulsion Names CFO
San Dimas-based AC Propulsion, which develops electric drives for the electric vehicle industry, said Monday that it has named Susan Hoyle as its Vice President and Chief Financial Officer. Hoyle was most recently the firm's interim CFO. Hoyle has prevoiusly served at such firms as Tatum, Haskins & Sells, KPMG, PwC, BDO, Gores Capital Partners, and the BiSys Group. Hoyle arrived at AC Propulsion via an engagement at Tatum, which provides interim CFOS to companies, to help the firm with a $35M fundraising effort. AC Propulsion has not detailed any information on that $35M round, however, a recent posting on green funding marketplace OnGreen related to that round showed that the firm's customers include Tesla Motors and BMW.