WhereDaily News: Green Automotive Company Announces Additions to Board and Management Team
RIVERSIDE, CA--(Marketwired - May 18, 2015) - Green Automotive Company (OTC PINK: GACR) announced today the appointment of Ben Rainwater and Agnes Cha to its Board of Directors to broaden the Board's experience in the automotive industry. Additionally, Mr. Rainwater was appointed as the Company's CEO and Ms. Cha was appointed as the Company's SVP, Corporate Affairs effective immediately. With the support of Carter Read, GACR's interim President and Secretary and President of Newport Coachworks, Mr. Rainwater and Ms. Cha have been assessing the overall operations of GACR and Newport Coachworks since early January of this year. Based on their assessment work, they have developed an Action Plan that is designed to enhance Newport Coachworks' internal management processes and vehicle production operations, as well as assist GACR in getting current with its public reporting obligations. Additionally, they have been working to attract financing and longer term equity capital to help stabilize Newport Coachworks, develop new products and support additional revenue and growth.
