Mark McGough | President and Chief Executive Officer

 

markmcgough-web.jpgMcGough has been the CEO of Ioxus since late 2010 and has led its growth towards becoming one of the world’s top tier developers of ultracapacitor-based energy storage systems. Ioxus has the only fully integrated ultracap manufacturing facility in North America and from there serves an extensive list of customers in the U.S., Japan, China and across Europe. In his first six months McGough led a successful refinancing round for Ioxus, bringing in blue-chip strategic investors such as GE, Conoco-Phillips, Alstom and Group Schneider for a round that was 50 percent oversubscribed. In February 2012, McGough negotiated Ioxus’ acquisition of Power Systems Corporation in Japan.

McGough formerly served as CEO of Pentadyne Power Corporation and Envinta Corporation and Energetics PLC, and was a division president and general manager at Maxwell Technologies, where he launched its new business unit focused on ultracapacitors. During nearly three decades of leadership with technology and energy companies, McGough has established a long track record of success in commercializing new technologies, growing revenue and initiating high-volume production.

Among McGough’s achievements in his career prior to joining Ioxus, he succeeded in growing sales of Pentadyne’s energy storage technology from 4,000% in four years during very difficult economic conditions. In the last decade, McGough has raised over $100 million in private equity for energy startups, sold three companies, and prior to selling them increased revenue and gross profits each by more than 120 percent a year on average. The World Economic Forum named McGough a technology pioneer, and Red Herring Magazine identified him as a top executive in the energy tech space. He led Ioxus to #38 among Energy companies in the Inc. 500 rankings. Mark is also on the Steering Committee for the US Council on Manufacturing Competitiveness.

Mr. McGough holds engineering degrees from the University of Notre Dame (BSME) and the New Jersey Institute of Technology (MSME).

 


 

Henry Barber | Chief Financial Officer

 

henrybarber-web.jpgMr. Barber is a senior financial executive with a broad and solid track record in leading business and financial operations, including budgeting, management of transactions, financing and banking relationships in the high-tech and life science industries. Mr. Barber’s accomplishments include having raised over $100 million of venture capital financing for start-up and development phase companies, the successful merger and integration of OpenROUTE Networks, Inc. (Nasdaq: OPEN) with Netrix Corporation and the successful merger of LANart Corporation, with Transition Networks, a subsidiary of Communications Systems, Inc. Earlier in his career, Mr. Barber led the successful IPO of Mitek Surgical Products (now a division of Johnson & Johnson). Mr. Barber holds an MBA from Suffolk University and a BS in Business Administration from the State University of New York at Buffalo.

 

 

 

 


 

Luke Yetto | VP of Engineering and R&D

 

Luke Yetto has over 15 years of experience in alternative energy research and engineering. Luke’s background includes the development and commercialization of both Hydrogen and Methanol Fuel cells, as well as Ultracapacitor designs. Luke has extensive knowledge of ISO and Automotive Quality Management Systems and tools. As Quality Assurance Manager at a Toyota Industries Corporation company manufacturing over 100 Forklifts each day, Luke studied Toyota manufacturing and design principles in several sites throughout the world. Luke is a Certified Six Sigma Black belt and holds a Bachelor’s of Science degree in Chemical Engineering from Rensselaer Polytechnic Institute.

 


 

Philip Meek | Chief Operating Officer

 

philmeek-web.jpgPhilip Meek has more than two decades of experience in strategic leadership of high-tech and traditional manufacturing environments. Before joining Ioxus to oversee the company’s manufacturing, supply chain, quality, logistics, maintenance and training initiatives, Philip was chief operating officer at Ultralife, a manufacturer of lithium batteries. During his 12 years there, Philip identified acquisition targets, established new manufacturing opportunities in the U.S. and Asia, and added 65 new products to the company portfolio. His leadership facilitated a growth in annual revenue from $16 million to $250 million.

Philip’s skills span from lean manufacturing techniques and profit-and-loss strategy to new business development and acquisitions. He is charged with the continued expansion of Ioxus’ international sales, marketing and manufacturing organizations. To that end, Philip oversees every step of the supply chain from production to customer relationships. His work to create a responsive, innovative internal team supports Ioxus’ product development and manufacturing goals.

Philip earned a Bachelor of Science degree in communications at the Indiana University of Pennsylvania and served as a sergeant in the United States Army.

 

 


 

Chad Hall | Co-Founder, Sr. Vice President of Marketing

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chadhall-web.jpgChad Hall is the Co-Founder and Sr. Vice President of for Ioxus, Inc. His engineering, manufacturing, sales, development, and marketing skills have been instrumental in setting Ioxus in motion and continuing its fast-paced market growth. He has helped the sales organization gain new customers due to his intimate knowledge of the product line and his ability to interface with customers technical sales role.

Over his career, Chad has been heavily involved in several National Lab projects, and played key roles in each of their successes. Mr. Hall has performed a critical role in the development of Ioxus by securing and setting up the factory, and now serves as the VP of Marketing. Chad was instrumental in securing VC funding as well as federal and state resources for the establishment of the company and further development of products. In an effort to develop the Ioxus products, he attends and speaks at multiple conferences and technology summits in the electrochemical energy storage industry, and he continues to contribute to the IP portfolio of the company. Chad is a member of the American Society of Mechanical Engineers (ASME) and is the Alumnus of Merit, 2010, for SUNY College of Technology at Delhi.

 

 


 

Jeff Colton | Sr. Vice President of Global Sales

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Jeff Colton

Jeff Colton, Senior VP of Global Sales

Jeff has a 25 years of successful leadership as an energy storage Sale and Marketing executive with senior executive positions at General Electric, Sanyo Energy, Saft Battery, and Maxwell Technologies.  Mr. Colton has built and lead international sales and marketing teams that have delivered over $1 Billion in energy storage product revenues with multiple technologies including Li-Ion, Nickel Metal Hydride, Nickel Cadmium, Lithium Manganese Dioxide, Flywheels and Ultracapacitors.  While at Sanyo, Jeff lead the team that identified, captured and developed the first Apple PowerBook® notebook computer battery.  Sanyo and Jeff’s team pioneered notebook battery technology working closely with Apple.  Together Apple and Sanyo launched the first battery powered notebook computer branded the Apple PowerBook® and with it launched the notebook computer industry.  Over time Jeff’s  Apple PowerBook® win delivered over $500M in direct battery revenue to Sanyo. 

 

As VP of OEM Sales and Marketing for Saft Battery Jeff quickly rebuilt the Saft sales and marketing teams resulting in 28% revenue growth and 35% reduction in sales and marketing costs.  Jeff’s aggressive actions leading the Saft sales and marketing teams helped Saft grow while overcoming brutal market incursions from low cost off shore suppliers.  Colton’s  sales and marketing leadership has consistently delivered impressive revenue growth, strong customer partnerships and successful new product development introductions.

Jeff earned his Bachelor of  Science in Business degree from the Rochester Institute of Technology in Rochester New York.

Latest News

  • IOXUS' uSTART® Receives Edison Award for its Engine Enhancement Innovation

    Ioxus, designers and manufacturers of smart power solutions based on its widely used ultracapacitor technology, today announced that it was named a Bronze winner in the Engine Enhancement category of the 2018 Edison Awards. The announcement was made at the Edison Awards Gala in New York City.

    “We are very proud to have received an internationally recognized Edison Award and to be named a winner alongside companies like Mazda Motor Corporation and CFM International, a joint company of GE and Safran Group, for our engine enhancement achievements,” said Mark McGough, CEO and president of Ioxus, Inc. “This award is recognition that uSTART is proving highly reliable and valuable for fleets in the trucking industry. Being recognized with an Edison Award is one of the highest accolades we can receive in the name of innovation.”

    Inspired by Thomas Edison’s persistence and inventiveness, the Edison Awards are judged by a panel of more than 3,000 leading business executives, including past award winners, academics and leaders in the fields of product development, design and engineering. The judges recognize products as true innovations in their category.

    In addition to the Awards Gala, the annual Edison Awards program encompassed a full-day, “Meet the Innovators Forum” and the, “Innovators’ Showcase,” which offered guests a hands-on experience with read more...

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