Coda hires former GM executive as CEO, shows it means business

CODA Holdings, the California-based company that produces advanced lithium-ion batteries and the electric-sedan you see pictured here, announced Friday that its Board of Directors have named Philip Murtaugh as its new CEO.

Who is Murtaugh? None of you reading this site probably don’t know him but he was employed by General Motors for more than 30 years and held various management and executive-level positions. From 1996 to 2000, Murtaugh served as Executive Vice President of Shanghai GM, and from 2000 to 2005, as Chairman and Chief Executive Officer of GM China.

“I look forward to joining an experienced group of professionals on CODA’s management team and Board in California and abroad,” said Murtaugh. “It is impressive to see all that they have accomplished in such a short period of time, from the formation of international partnerships to green technology breakthroughs that are truly world class. Together, I am confident that we will accelerate the adoption of clean technology that will better the environment, create new jobs and move the automotive industry in a positive direction.”

Miles L. Rubin, CODA’s found and Co-Chairman, will retire as co-Chairman but continue his active involvement as a Director and the company’s largest shareholder.

– By: Omar Rana