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Better Place founder Agassi steps aside as Australia CEO promoted to Global CEO

2 October 2012

Switchable EV battery company Better Place announced the promotion of Evan Thornley, Chief Executive Officer of Better Place Australia, to CEO of the global company, effective immediately. Better Place Founder Shai Agassi will continue as a Board member and shareholder.

Under Shai’s leadership, we’ve successfully achieved our goals in the first chapter of Better Place, and we owe Shai our gratitude for turning his powerful vision into a reality. It is almost five years to the day since Shai launched Better Place and a natural point in the company’s evolution to realign for its second chapter and for the challenges and opportunities ahead. Our board has long prepared to ensure that Better Place has a strong bench of talented executives in place to support the CEO and a clear succession plan to ensure a smooth leadership transition and we are fortunate to have such a strong leadership team within Better Place.

—Idan Ofer, Chairman of the Better Place Board of Directors

Better Place said that in Australia, Thornley was instrumental in the creation of EV Engineering Ltd., which developed a battery-switchable fulle electric Commodore. (Earlier post.)

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