Green Automotive Restructures Management, to Focus on Newport Coachworks

Green Automotive Company has appointed Carter Read as its Interim President and Secretary, and Alan Bailey as its Chief Financial Officer.

The appointments of Mr. Read and Mr. Bailey follow the Company’s winding up of its European subsidiaries and operations earlier this year and signal the Company’s focus on the operations of Newport Coachworks.

With the winding up of the Company’s overseas operations, Mr. Ian G. Hobday resigned as the Company’s Chief Executive Officer, Chief Financial Officer and Secretary, effective October 8, 2014. Mr. Hobday also resigned from his position on the Company’s Board of Directors.

Carter Read has been the President of Newport Coachworks since its inception in 2012.

Category: General Update, People