Ener1 Names Charles Gassenheimer Chairman

Ener1, Inc., of Fort Lauderdale, Florida, has named Charles Gassenheimer chairman of its board of directors and also chief executive officer of Ener1 Group, the majority shareholder of Ener1, Inc.

Gassenheimer was most recently with Satellite Asset Management, a hedge fund with approximately $6 billion in assets under management.

He now will work closely with Ronald Stewart, Ener1’s recently named interim chief executive officer and interim chief financial officer.

“I think that Ener1’s technologies and capabilities, specifically in the areas of lithium batteries for next generation hybrid electric vehicles and in the area of fuel cells products and services, can become commercially viable alternative energy solutions,” Gassenheimer noted.