Exro Technologies CEO resigns as stock price plummets
Struggling EV tech company laid off 60 workers last week.
Sue Ozdemir has resigned as CEO of the Calgary-based electric vehicle (EV) tech firm Exro Technologies shortly after laying off 60 employees to save cash.
Exro stock is trading at two cents per share following Ozdemir’s resignation.
Ozdemir will continue to serve on Exro’s board of directors while the company seeks an interim CEO, according to a statement. In the meantime, the board appointed Exro strategic advisor Chris Rankin as “chief restructuring officer.” BetaKit reached out to Exro for comment but did not receive a response.
This isn’t a unique role for Rankin. According to his LinkedIn profile, he previously…
