Veteran auto executive Tom LaSorda named CEO of Fisker Automotive

(February 28, 2012) ANAHEIM, California — Fisker Automotive has announced that effective immediately co-founder Henrik Fisker will become executive chairman of the company. Tom LaSorda has been appointed CEO and vice chairman of the board at Fisker Automotive, with full responsibility for the running of the company’s day-to-day operations.

Fisker, who co-founded Fisker Automotive in 2007 after a design career at brands including BMW and Aston Martin, will focus on building the Fisker brand in global markets and the styling and design of future Fisker models.

“I am looking forward to working closely with Tom as we steer the company into its future as an iconic global automotive brand with a range of desirable cars that offer environmentally responsible luxury,” Fisker said.

LaSorda joined the company as vice chairman of the board and executive advisor to the management team in December.

A well-known industry executive, with more than 30-years experience, LaSorda was a former CEO, president and vice chairman of the Chrysler Group and also held a number of executive positions at General Motors over a 23-year career.

“I am delighted to be assuming such a central role at this exciting time in Fisker Automotive’s history,” LaSorda said.

“The Fisker Automotive team has designed and engineered a great range-extended electric car with industry leading technology and it gives me great pleasure to be working together with the co-founders, Henrik Fisker and Barny Koehler to build Fisker Automotive into a global automotive company.”