Lithium Technology Elects Kruger as CEO

Lithium Technology Corp.has elected its president and chief operating officer, Franz Kruger, as its new chief executive officer, succeeding David Cade. Cade will remain as chairman of the board in a full-time capacity.

“The company and our shareholders are very fortunate to have a CEO with Franz Kruger’s international battery industry credentials and stature,” Cade says. “His global reputation in the advanced battery arena encompasses technology, production, distribution, sales and marketing.”