Anna and Carl Dietrich, the cofounders of Terrafugia, have left the firm as the flying car developer’s new Chinese parent company makes several changes including the closure of a California research facility.
Terrafugia Names New CEO and CFO
Key Takeaways:
- Terrafugia co-founders Anna and Carl Dietrich have departed the company.
- The departure follows Terrafugia's acquisition by Geely Holding Group and subsequent restructuring.
- The company has appointed a new CEO, Chao Jing, and CFO, Huaibing Wang.
- Terrafugia aims to begin deliveries of its Transition flying car this summer.
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