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Exro Technologies names Werner Kitz to its Business Advisory Board

A senior executive and engineer at Siemens for more than 25 years, Kitz brings a global perspective to innovation and manufacturing in the power-conversion sector

Exro Technologies - Exro Technologies Inc announces that former Siemens executive Werner Kitz  has joined its Business Advisory Board
Company management to introduce Exro to the automotive, energy, agricultural and recreational sectors, among others

Exro Technologies Inc (CSE:XRO) (OTCQB:EXROF) announced Tuesday that Werner Kitz, an industry leader in electric motors and drives, has joined its Business Advisory Board.

A senior executive and engineer at Siemens for more than 25 years, Kitz brings a global perspective to innovation and manufacturing in the power-conversion sector, the company said a statement.

Kitz graduated from Rheinisch Westfalische Technische Hochschule Aachen in 1981, where he focused on motors, drives and power distribution. He quickly made his mark at Siemens.

READ: Exro Technologies arranges $3M non-brokered private placement

In 1982, he became an electrical engineer at Siemens' motor factory in Nuremberg, Germany. Within a year, he was promoted to Siemens' headquarters to focus on engineering and automation in the metals aspect of the industry.

In 1998, he was promoted to director of engineering for Siemens' large drives division in global markets. There he was responsible for innovation in variable speed drives for metals, O&G, test stands and new market development for high-power and high-torque applications. In 2014, he took on the role as vice-president of mill drives, in the company's minerals industry division. He retired in 2019.

"Werner has played a major role at Siemens  — and the world's electrical motor and drive sector  — for more than a quarter of a century," said Josh Sobil, Exro's chief commercial officer. "Werner's insight, ingenuity and experience will help us accelerate the commercialization of Exro technology into the global marketplace."

Kitz commented: "Exro has the potential to add significant value to industrial sectors worldwide, ensuring we get more from the energy we use to power electric motors and powertrains."

After almost a decade of research and development, Exro is now in its commercialization phase.

Sobil, along with CEO Sue Ozdemir, who was appointed Exro's CEO in September 2019 after serving as CEO of GE's Small Industrial Motors Division, are leading a strategy to introduce Exro to the automotive, energy, agricultural and recreational sectors, among others.

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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