Former Zero Motorcycles CEO Stays on Board of Directors

Zero Motorcycles CEO Gene Banman is retiring from the operational management of the company, but will however remain on the board of directors, as day-to-day operations will be directed by COO, Karl Wharton, who joined the company in February.Banman joined the company as COO in 2007 as employee number nine, and within 60 days he became CEO and led the effort to find professional investors to get the company off the ground.

Wharton has spent most of the time working at Triumph Motorcycles, where he developed extensive experience in financial management, market development, operations, worldwide distribution and export sales growth.

He was part of the team at Triumph moving the business from a primarily domestic UK manufacturer to an internationally established brand, with 80 percent of its sales bound for overseas markets.

“It’s been a tremendous experience, getting Zero Motorcycles to this point,” said Banman. “I feel proud of the enormous progress we have made and of the excellent management team we have put in place that will take the company to the next level. I plan to get some R&R and travel, and then do some part time work with non-profits. I look forward to continuing to work with the company as a board member.”

”My colleagues and I knew Gene well before Invus became an investor in Zero Motorcycles,” said Aflalo Guimaraes, Managing Director of The Invus Group, LLC and Zero board member. “Gene, together with Neal Saiki, were instrumental in convincing us to back the company at the time when it was just a startup with a vision to transform the motorcycle industry. Gene's leadership and the team he brought together have established Zero as the leading manufacturer and brand of electric motorcycles and put it on course to realize the vision of making electric motorcycles a mainstream segment of the industry by both appealing to experienced riders and bringing new customers into the camaraderie of riders.”
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories