7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
LIVONIA, Mich., Aug. 28, 2017 -- A123 Systems LLC, a developer and manufacturer of advanced lithium-ion batteries and systems, announced today that its Board of Directors appointed Peter W. Cirino as Chief Executive Officer.
Previously, Cirino held the position of President, Europe, for A123 Systems, a role he has held since May 2016. Prior to joining A123 Systems, he had extensive international manufacturing experience, including several executive roles in countries throughout North America, Europe and Asia Pacific for TE Connectivity and AMP Incorporated.
“In addition to demonstrating a strong command over the European business since joining the company, Peter brings a wealth of knowledge and experience of the Asia Pacific region as well,” stated Thomas C. Corcoran, Chairman of A123 Systems. “He is a transformational leader who understands our industry, our customers and our employees. We are confident that his business acumen and values are definite fits to the role.”
Jason M. Forcier is leaving the company effective August 28, 2017 after eight years with the Company and serving as CEO for the last four years.
“We thank Jason for his service to the company and we wish him well in his future endeavors,” added Corcoran.
About A123 Systems
A123 Systems is a global leader in providing complete energy storage solutions through advanced battery cells and systems for transportation and commercial applications, offering performance, reliability, and cost savings from concept through commercialization. A123 is a wholly owned subsidiary of the Wanxiang Group.
MEDIA CONTACT: Jeff Kessen - 734.772.0345 [email protected]
