Tuesday, March 8, 2011

Xtreme Power Names CFO, Board Member

Kyle, Texas-based Xtreme Power, the developer of large-scale energy storage and power systems, said this morning that it has named Ken Hashman as its Chief Financial Officer, and added Foster Duncan to its board of directors. Hashman has previously served at Dell, where he was for 17 years, and most recently was assisting entrepreneurs with business models and raising capital. Duncan is at venture capital firm Advantage Capital Partners, and also sits on the boards of GridPoint, Atlantic Power Corporation, North American Energy Alliance, and SensorTran. Xtreme Power is venture backed by SAIL Venture Partners, Bessemer Venture Partners, The Dow Chemical Company, Fluor Corp., BP Alternative Energy, Dominion Resources, POSCO ICT, SkyLake & Co. and Spring Ventures, LLC.