26 Aug '13, 1pm

Reports: Fisker CEO Quits; Company Offered Buy Out For Tiny Fraction Of Former Value

Reports: Fisker CEO Quits; Company Offered Buy Out For Tiny Fraction Of Former Value

Fisker Automotive, which has not produced a car since last year and laid off most of its staff in April, reportedly saw its CEO Tony Posawatz step down this month as it also contemplates a fire-sale offer of $25 million from a German company. We do not know if the two events are related nor have we received confirmation on this news posted by another publication. Although Fisker installed a new Web site with media inquiry e-mail and contact info , it has never replied to any query from us, even when we offered assurance we could be trusted to keep things off the record if requested. In any event, Jalopnik – which doesn’t appear to be receiving replies from Fisker either – reported Aug. 23 that an anonymous tipster told it that Posawatz left over money issues and COO, Bernhard Kohler, is the new CEO. Posawatz came on board in mid August 2012 after leaving a long career at C...

Full article: http://www.hybridcars.com/fisker-ceo-reportedly-quits-com...

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