Active Power Names Mark A. Ascolese President And CEO
Ascolese will also serve on the company’s board of directors.
Active Power has announced it has named Mark A. Ascolese as president and chief executive officer. Ascolese will assume his position effective Oct. 14, 2013. At that time, Ascolese will replace Dr. Ake Almgren who currently serves as interim president and CEO. Almgren will continue his role as chairman of the company’s board of directors. Ascolese will also serve on the company’s board of directors.
“We are excited to have an industry veteran like Mark on board,” said Almgren. “We believe his track record and deep knowledge of UPS products and mission critical markets will greatly benefit our business.”