Alevo Splits CEO and Chairman Duties with new Hiring

Alevo SA has appointed Per Dybwad as CEO to serve alongside founder and Executive Chairman Jostein Eikeland. The move splits the role of Chairman and CEO, previously held by Eikeland, and ensures focus on both long-term strategic development and production delivery.

Dybwad was previously elected to the Alevo board of directors in March 2016 and will continue to serve in this position alongside his new role of CEO. Dybwad joins from Dentware Scandinavia AB where he held the roles of CEO and Director of the publicly traded 3D printing company, and has extensive experience in energy technology market including senior roles at Maxwell Technologies SA.

In his role as Executive Chairman, Jostein Eikeland will continue to provide board level oversight for the company and focus on Alevo’s long-term strategic goals. Dybwad will lead the executive team, initially focusing on achieving the company’s manufacturing and commercial development and global deployment. The move has received unanimous approval from the company’s full board of directors.

As senior director of business development at Maxwell Tech. SA, Dybwad led the Swiss company’s high voltage operations, including expansion to China. As CEO and director of Dentware Scandinavia, Dybwad continued his long association with medtech and specialty metals. Dybwad is a former Lieutenant in the Royal Norwegian Navy and he holds an MBA with Honors, from IMD—the International Institute for Management Development.

“Energy storage has a massive potential both as a business opportunity and also the benefits it delivers to the world,” Eikeland said. “Alevo has the right IP, the right infrastructure and the right manufacturing approach to lead this market globally. But the ramp up to production calls for the oversight of a dedicated CEO and Per Dybwad has the credentials, knowledge and experience to deliver this.”

Alevo is a provider of grid-scale energy storage solutions featuring GridBank & Alevo Analytics. Founded in 2009, Alevo is headquartered in Switzerland with GridBank manufacturing in the US.

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