Neal C. Isaacson Joins XL Hybrids as Chief Financial Officer
XL Hybrids, developer of hybrid electric powertrains for commercial vans and trucks, has announced the appointment of Neal C. Isaacson as chief financial officer.
Isaacson will be responsible for finance and administrative functions, as well as legal, HR and facilities. With more than 25 years of experience, Isaacson is an expert in strategic financial planning, global cash management, and debt and equity financing in the technology and cleantech industries.
Previously, Isaacson served as CFO at Open Blue and Ze-gen and, as CFO at EnerNOC (NASD: ENOC), took the company public. Isaacson has also served as CFO of Ucentric Systems, and was founder, CFO and director of Cignal Global Communications. In these positions, Isaacson was responsible for $300 million of private debt and equity financings across several industries.
“Neal brings a wealth of experience that will be invaluable in continuing to execute our growth strategy of delivering hybrid powertrain technology to commercial fleet customers,” said Tod Hynes, president and founder of XL Hybrids.
Isaacson has a bachelor’s degree in accounting from the University of Massachusetts and is a member of the American Institute of Certified Public Accountants and Massachusetts Society of Certified Public Accountants.
XL Hybrids secured a $3 million pre-Series C credit facility from WindSail Capital Group and partnered with Coca-Cola to deliver 100 hybrid service vans in December 2013. More information at: www.xlhybrids.com
Category: Engines & Drivetrains, General Update, People, Vehicles
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