ECARX Enhances Leadership with New Board Appointment
Recently, ECARX Holdings Inc. (Nasdaq: ECX), a notable player in global mobility technology, declared a significant change to its board of directors that underscores its commitment to innovative leadership. The esteemed Ms. Lone Foenss Schroeder has been appointed as a director, taking over the role previously held by Ms. Ni Li, who stepped down due to personal reasons.
Introducing Lone Foenss Schroeder
Ms. Lone Foenss Schroeder is not just any addition to the board; she carries an impressive track record spanning decades across various sectors, including automotive, technology, finance, retail, and industrial. Her experience as an international CEO and Chairperson makes her a valuable asset for ECARX in navigating the ever-evolving landscape of mobility technology.
A Proven Leader
Throughout her career, Lone has been pivotal in facilitating high-impact partnerships among industry leaders. This experience signifies her ability to foster transformative collaborations that enhance innovation globally. Currently, she serves as the Chairperson for Geely Sweden Holdings AB and IKEA’s Ikano Bank, in addition to her role as the Chair of the Nomination Committee at Volvo Cars, where she has played a vital role in steering the company toward electrification and next-generation mobility solutions.
A Robust Corporate Background
Lone’s previous roles include CEO positions at notable companies such as Concordium, Wallenius Lines, and Star Air (Maersk). She dedicated over 20 years to A.P. Møller – Maersk in various senior executive roles, which equipped her with a wealth of knowledge in business management and strategic operations.
Academic and Professional Credentials
Her educational background complements her professional experience. Lone holds master's degrees in both business & economics from Copenhagen Business School and law from the University of Copenhagen, with further studies in Web3 Technologies from MIT Sloan School of Management. This combination of education and experience positions her uniquely to lead ECARX into its next chapter.
About ECARX
Founded in 2017, ECARX (Nasdaq: ECX) has grown to become a prominent automotive technology provider, specializing in comprehensive solutions for smart vehicles. From system on a chip (SoC) to central computing platforms and innovative software, ECARX is dedicated to enhancing the user experience while simplifying complex automotive systems.
With a presence in multiple countries, including China, the UK, the USA, Singapore, Malaysia, Sweden, and Germany, the company has amassed a workforce of over 1,600 employees. The co-founders, Chairman and CEO Ziyu Shen and Eric Li (Li Shufu), lead a company that boasts significant ties to global automotive brands like Lotus, Lynk & Co, and Volvo Cars, to name a few.
Currently, ECARX’s technology is deployed in more than 9.3 million vehicles worldwide, showcasing its impact on the automotive industry and its contribution to the future of transportation.
Investor and Media Contacts
For any inquiries or further information, interested parties may reach out through the company’s investor relations email at ir@ecarxgroup.com or for media relations at ecarx@christensencomms.com.
Frequently Asked Questions
What position has Lone Foenss Schroeder been appointed to at ECARX?
Lone Foenss Schroeder has been appointed as a director of ECARX, effective immediately.
What is ECARX known for?
ECARX is known for being a global automotive technology provider that delivers innovative solutions for next-generation smart vehicles.
Where is ECARX headquartered?
While ECARX has a global presence, it is headquartered in China, with major offices across various countries.
Who are the co-founders of ECARX?
The co-founders of ECARX are Ziyu Shen and Eric Li (Li Shufu), both of whom have extensive backgrounds in the automotive industry.
How many employees does ECARX have?
ECARX currently employs over 1,600 staff members across its worldwide locations.
