Saietta Group plc (LON:SED), the electric vehicle drivetrain (“eDrive”) specialist, announced the appointment of David Woolley as Chief Executive Officer (“CEO”) with effect from 2 October 2023. Tony Gott, who has been acting as interim CEO since April 2023, will continue as Executive Chairman until the end of the financial year when he will revert to his previous role as Non-Executive Chairman.
David John Woolley, aged 61, brings a broad base of experience over a 35-year international career in leadership positions. David spent 10 years between 2011 and 2022 as CEO of Concentric AB, a Swedish NASDAQ listed company which is one of the world’s leading pump manufacturers, focused on reducing emissions and maximising performance from diesel engines. Since 2017, he has focused on the transition from the internal combustion engine to EVs, specifically in the development of motors, controllers and software for eTrucks, eBuses and eMachines.