Hybrid electric powertrain developer XL Hybrids recently announced the appointment of Neal C. Isaacson as the company’s chief financial officer (CFO). His role will include finance and administrative functions, as well as legal, HR and facilities responsibilities.
Isaacson previously served as CFO of both Open Blue and Ze-gen, as well as EnerNOC. During his time at these companies, Isaacson was responsible for $300 million of private debt and equity financings across several industries.
“Neal brings a wealth of experience that will be invaluable in continuing to execute our growth strategy of delivering hybrid powertrain technology to commercial fleet customers,” said Tod Hynes, president and founder of XL Hybrids, in a recent statement.
Isaacson has a bachelor’s degree in accounting from the University of Massachusetts and is a member of the American Institute of Certified Public Accountants and Massachusetts Society of Certified Public Accountants.
“I am confident my experience will be instrumental in accelerating sales and bringing the company to the forefront of this growing and important industry,” said Isaacson.