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Hw Vassen Appointed As Chief Technology Officer of Power Co Se, Succeeding Soonho Ahn

PRIVATEJun 22, 2024•almost 2 years ago

Position

Chief Technology Officer

Company

PowerCo

HW Vassen
SalzgitterManufacturingAnalytics

Description

HW Vassen has been appointed as the new Chief Technology Officer and Member of the Board of Management of PowerCo SE, effective from August 1, 2024, succeeding Soonho Ahn. Vassen will be responsible for technology and product development, as well as testing and analytics at PowerCo SE.

Company Information

Company

PowerCo

Location

Salzgitter, Lower Saxony, Germany

About

The Volkswagen Group is bundling its global battery activities in the European company (SE) PowerCo. From Salzgitter, the company will, with immediate effect, manage international factory operations, the further development of cell technology, the vertical integration of the value chain and the supply of machinery and equipment to the factories. Looking ahead, further products such as major storage systems for the energy grid are planned. Since its launch in July 2022, PowerCo has already decided three gigafactory locations: Salzgitter in Germany, Valencia in Spain and St. Thomas in Canada. The company plans to set up cell factories with a total capacity of 240 GWh/year in 2030.

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ML-powered predictions for PowerCo's next move

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

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