FSC / Press Release
Anil Srivastava Joins Oak Ridge Energy Technologies' Board of Directors
Melbourne, FL US, February 28, 2014 /FSC/ - Oak Ridge Energy Technologies (OKME
- OTC),today announced Anil Srivastava's election to Oak Ridge Energy
Technologies' Board of Directors, increasing the size of the Board of Directors
from four to five.
Anil Srivastava is 53 years of age. Mr. Srivastava has extensive experience in
international business management, including a good understanding of "Go To
Market" aspects in a range of international markets; efficient management of
worldwide business operations; experience in leading and managing business in
both mature and emerging markets through growth and downturn cycles; building
long-term relationships with customers at the most senior level worldwide, with
particular sensitivity to cultural issues; developing and nurturing high-level
connections with policy making authorities in many countries around the world;
and extensive media handling experience.
Mr. Srivastava's corporate experience spans across US, Asia and Europe. Starting
as an Engineer in HP (1984-1993) through to a Regional Director; a Managing
Director in AT&T/ Lucent Technologies (1994-2003); and an Executive Vice
President in Alcatel (Oct. 2003 - Sept. 2008). From January 2009 to December
2011, Mr. Srivastava was the Chief Executive Officer of AREVA Renewables,
reporting to the Chairman of the Executive Board, a wholly-owned subsidiary of
AREVA SA, which is the largest Nuclear Engineering Company in the world. He was
also a Member of the Executive Committee of AREVA Group, and was recruited to
develop its diversification plan into the Renewable Energies industry.
Since spring of 2012, Mr. Srivastava has been pursuing an entrepreneurial
career. From June 2012 to October 2013, he was the Chief Executive Officer of
Wind Kraft Union GmbH, one of the largest Offshore Wind Park Development Company
in Germany. Most recently, Mr. Srivastava is engaged as an Executive Partner
with Climate Holdings, BV (Nov. 2013 to present), a holding entity for operating
companies in the Energy business.
Mr. Srivastava has a Master's in Engineering from the National Institute of
Technology in India and received an Executive MBA in Finance from the Wharton
School of the University of Pennsylvania.
Steve Barber, Oak Ridge Energy Technologies' CEO, is "delighted that Anil
Srivastava is joining Oak Ridge's Board of Directors" because of his
"extraordinary technology and business expertise." He will be "a great addition
to the Board" because he brings "a wealth of experience as well as the insights
that come from running a large successful global energy technology company and a
Anil Srivastava feels "honored to join the Oak Ridge Energy Technologies' Board
and work with this exceptional team." He looks "forward to sharing [his]
experiences and contributing to the future direction and growth of this global
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can identify
forward-looking statements by the following words: "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or the negative of
these terms or other comparable terminology, although not all forward-looking
statements contain these words. Forward-looking statements are not a guarantee
of future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or results will be
achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainties
and other factors that may cause our results, levels of activity, performance or
achievements to be materially different from the information expressed or
implied by the forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company that are
contained in the Edgar Archives of the Securities and Exchange Commission at
To view this press release as a PDF, please click on the following link:
Source: Oak Ridge Energy Technologies ( OTCQB - OKME)
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-0- Feb/28/2014 16:45 GMT
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