MRO Magazine

BESSTECH Names Doug Grose as Chief Technology Officer


July 13, 2015
By Business Wire News

ALBANY, N.Y.

BESSTECH LLC, a developer of innovative components that improve lithium-ion battery performance with reduced cost, today announced that Doug Grose, former CEO of GLOBALFOUNDRIES and a leading semiconductor industry executive for more than three decades, has joined the company as its Chief Technology Officer.

Grose will lead development of BESSTECH’s technology roadmap, driving advances in its low-cost, high-performance, silicon-based anodes for lithium-ion battery applications. In addition, he will spearhead the establishment of strategic partnerships among both supply chain and manufacturing entities.

The addition of Grose’s recognized leadership and technical know-how is designed to accelerate the commercialization and market introduction of BESSTECH’s innovative technology, while also enabling integration of its pioneering anodes into a variety of consumer and industrial solutions.

“We believe there is a great opportunity in applying the expertise, constant improvement roadmap, and manufacturing efficiency of the semiconductor world into the energy storage space,” said Fernando Gómez-Baquero, CEO of BESSTECH LLC. “I can’t think of anyone better than Doug Grose to help BESSTECH bring that revolutionary change to the lithium-ion battery world.”

“I am thrilled to join BESSTECH and to assist the company in capturing a share of the fast-growing global market for next-generation battery technology,” said Grose. “As the use of mobile technology rises exponentially, BESSTECH is well positioned to capitalize on the critical need for smaller, lighter and more powerful batteries, and well served by its presence in New York’s world-class nanotechnology ecosystem. I look forward to working with the team at BESSTECH to integrate a ‘semiconductor approach’ to fuel new opportunities for growth.”

From 2009 to 2011, Grose served as the first CEO of GLOBALFOUNDRIES, currently the world’s second-largest semiconductor foundry company. He also held senior leadership roles at AMD, IBM, and what is now SUNY Polytechnic Institute in Albany, NY, and currently serves as Vice Chairman of the Supervisory Board of ASML.

About BESSTECH LLC

A lithium-ion component design and engineering company, BESSTECH delivers solutions to lithium-ion battery manufacturers and assemblers. Its first product, a silicon-based nanoengineered anode, provides 3 to 4 times the energy capacity of carbon anodes, charging rates as low as 6 minutes, and a lifetime of more than 1000 cycles. Visit www.bess-tech.com.

Behan Communications
Steve Janack, 518-812-7337
steve.janack@behancom.com