Per the article at (link)...
He'll stay on the board but not be the COO any more. So is this a good thing?
IMHO,
Given that service is a big potential fleet customer, I think probably it is beneficial. Elio Motors keeps his resume and expertise on tap. And at the moment there is no conflict of interest. Just a mutual interest between the two enterprises. And the EM board gains insider thinking from a fleet customer viewpoint.
If there were ever a partnership set up with yoyo, that could become a potential conflict with other partners and customers. So that won't likely happen.
Hari Iyer, Chief Operating Officer, will take the role of CEO with YoYo (http://joinyoyo.com), a pay-per-mile, on-demand car subscription service he helped found.
He'll stay on the board but not be the COO any more. So is this a good thing?
IMHO,
Given that service is a big potential fleet customer, I think probably it is beneficial. Elio Motors keeps his resume and expertise on tap. And at the moment there is no conflict of interest. Just a mutual interest between the two enterprises. And the EM board gains insider thinking from a fleet customer viewpoint.
If there were ever a partnership set up with yoyo, that could become a potential conflict with other partners and customers. So that won't likely happen.