DAVIS, Calif., June 21, 2011 /PRNewswire/ -- Freedom Motors is pleased to announce the appointment of Michael Marevich to the position of CFO of Freedom Motors, Inc. Michael Marevich has been involved in mergers and acquisitions most of his working career as a principal, agent and chief financial officer. For the last seven years, he was a Founder and Managing Director of Grand Avenue Capital Partners, LLC, a boutique investment banking broker-dealer firm focusing on middle market, primarily private, transactions after working for Gardiner & Rauen, Inc., a regional investment banking firm. Mike is a Principal and is currently heading a division of Grand Avenue titled Hollytronic Capital Partners which specializes in transactions requiring a more sophisticated level of analysis, structure and market-making. Prior to this time, Mike was CFO of DSL Transportation Services, SVP/CFO for Hollytron (a $60 million revenue chain of electronics retail stores), and CFO for Miller's Outpost/Miller's for Kids. During his tenure the chain grew from 31 to 330 stores and revenues grew from $60 million to over $700 million. Mike was also a shareholder and president of Hinshaw's Department Stores, with prior experience as Director of Operations of the Bullocks Wilshire chain. Mike has a BS in Finance & Accounting and an MBA in Finance, both from the University of Southern California.
About Freedom Motors
Freedom Motors was founded in 1997 as a wholly owned division of Moller International (OTC-QB Symbol: MLER). In 2001 it became a separate corporation that was exclusively licensed to manufacture, sub-license and sell Rotapower® engines throughout the world. It later demonstrated that its Rotapower engine could meet California's requirements for ULEV while running on gasoline and the Super Ultra Low Emissions Vehicle (SULEV) levels on ethanol.
The Company recently developed and is patenting a compound version of its Rotapower® engine that has the potential to achieve extremely low fuel consumption as well. This new engine is particularly well suited to be used as the backup power source for a PHEV.
Contact Info:
For complete information about Freedom Motors see http://www.freedom-motors.com, call (530) 756-1230, or write Freedom Motors, 1222 Research Park Drive, Davis CA 95618, Attention: Bruce Calkins, General Manager or Paul S. Moller, Chairman of the Board of Directors.
Rotapower® is the trademark of Moller International in the USA and other countries.
SOURCE Freedom Motors
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article