Charlotte, North Carolina (PRWEB) March 17, 2012
The Board of Directors of DesignLine Corporation (“DesignLine” or the “Company”) is pleased to announce the appointment of Joseph J. Smith as Interim Chief Executive Officer effective immediately.
Mr. Smith currently serves as a consultant to Cyan Partners, LP, the sole arranger of DesignLine’s November 2011 debt and equity capital raises. In his capacity as a consultant to Cyan, Mr. Smith also serves on the Company’s Board of Directors. Prior to his retirement in December 2010, Mr. Smith held three executive leadership positions at the Metropolitan Transportation Authority, a component unit of the State of New York, including President, MTA Bus Company; President, MTA Long Island Bus and Senior Vice President, Department of Buses, MTA New York City Transit.
Headquartered in Charlotte, NC, DesignLine is a leading designer and manufacturer of Commercial All-Electric, Range-Extended Electric and CNG Buses. DesignLine buses are in daily operation on five continents. DesignLine’s All-Electric, Range-Extended Electric and CNG vehicles are industry leaders in all objective performance measures – fuel economy, emissions, noise and maintenance/reliability.
Further information on DesignLine and its successful set of products can be found on the company’s website, http://www.designlinecorporation.com.
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2309 Nevada Boulevard
Charlotte, NC 28273