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EnerTech adds Tony Pistagnesi, Executive Director at American Axle & Manufacturing, to Board


Wally Hunter (EnerTech Capital), Tony Pistagnesi (AAM)

October 27, 2023, Toronto, ON and Philadelphia, PA – EnerTech is pleased to announce the addition of Tony Pistagnesi to its Mobility Advisory Board as it continues to enhance and expand its focus on the mobility space. Tony’s experience and significant network in the autotech sector will provide EnerTech with valuable insight and access to differentiated investment opportunities for its Global Strategic Mobility Fund. Tony joins the board alongside other key mobility experts, Marcel Dalby (WM), Chris Thibodeau (Ushr, Inc.), Todd Janke (Adient), Matt Horton (Voltera), Yibo Cai (Pilot Flying J), Jody Howard (Caterpillar), Deepak Garg (Smart Energy Water), Mark Stoddart (Linamar), and John Matovich (Alectra).


Tony is currently Executive Director of Business Development at American Axle & Manufacturing (AAM) and is responsible for strategic business development. He has been involved in the design, development and manufacturing of drivetrain and propulsion systems for 24 years. Tony first became interested in vehicle electrification as head of AAM’s eAAM Technical Team located in Trollhättan, Sweden in 2013 and recently led AAM’s electrification business activities as a product manager and then business head. He has held leadership roles in general management, product management, product engineering and operations in the USA, China and Germany.


Prior to coming to AAM, Tony worked in product engineering at DaimlerChrysler and worked as a co-op student in the Process Engineering department at the Ford Windsor Casting Plant.


Tony holds a Bachelor of Science Degree in Engineering from the University of Windsor and Masters of Science in Mechanical Engineering from the University of Michigan.


“We are excited to have Tony join our Advisory Board. He brings significant industry knowledge and insight, as Tier 1 Auto parts companies like AAM evolve their business to address the growing EV market. We also believe Tony will be extremely helpful in forging future partnership opportunities for our portfolio companies,” said Wally Managing Partner, EnerTech Capital.


"I'm honored to join the Advisory Board of EnerTech. It's a dynamic time for Tier 1 Auto parts companies like AAM as we navigate unprecedented change in our industry. I see immense potential in aligning our deep industry experience with the EnerTech team and broader network,” said Tony.




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About EnerTech Capital


EnerTech Capital is a globally recognized venture capital firm that has been investing and partnering with innovators since 1996, empowering entrepreneurs to build transformative technology companies. The firm has pioneered an integrated approach to business building, leveraging strategic collaboration across a diverse stakeholder ecosystem to create value; with a focus on Mobility, Industry 4.0, and Connected Customer. EnerTech’s current platform has a significant focus on emerging opportunities in the mobility space across Electrification, Autonomy, Smart Mobility, and Connectivity. The firm has a long history of working with corporate strategic investors and providing value added insights and partnership opportunities to support growth and innovation objectives.


EnerTech has offices in Toronto, Philadelphia, Palm Beach Gardens, Boston, and Sacramento.


For more information, visit: www.EnerTechCapital.com


Contact:

Wally Hunter

Managing Partner

416-363-8563


About AAM


As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.


Our presentation may contain “forward-looking” statements that are subject to risks and uncertainties described in our most recent filings on Form 10-K and Form 10-Q with the Securities and Exchange Commission, and actual results may differ materially. Our presentation may also include certain non-GAAP financial measures. Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM’s website, www.aam.com.


Contact:

Christopher M. Son Vice President, Marketing & Communications (313) 758-4814 chris.son@aam.com

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