1. David DiGiacinto Appointed Chairman and CEO Of Axion Power

    David DiGiacinto Appointed Chairman and CEO Of Axion Power

    Axion Power International, Inc., the developer of advanced lead-carbon PbC® batteries and energy storage systems, announced today that its Board of Directors has appointed veteran operating and financial executive, David T. DiGiacinto,  to be its Chief Executive Officer, effective July 1, 2014.  The Board also elected Mr. DiGiacinto its Chairman; he was appointed to the Board in February 2014.  Mr. DiGiacinto replaces longtime Axion Power Chairman and CEO, Thomas Granville, who is stepping down to address a significant health problem.  Mr. Granville has signed a new 3 year employment contract to serve as special assistant and liaison to the CEO and will continue to work out of the New Castle office. He will also remain on the Board.

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