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Fisker founder resigns over 'major disagreements' with management

Alexis Santos

Fisker Automotive founder Henrik Fisker has resigned from his post as the firm's executive chairman. An email said to be sent by Henrik cites several unspecified "major disagreements" with the company's executive management on business strategy as the primary reason for abandoning ship. Reports suggest the decision was sparked by the firm's purported consideration of selling a majority stake to China's Geely Automobile, which would put much-needed cash in its coffers. For its part, the company says that it's strategy hasn't changed, and that it doesn't expect its namesake's departure to have an impact.

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Fisker Automotive Media Statement: Henrik Fisker Resignation

Fisker Automotive announced today the resignation of its Executive Chairman, Henrik Fisker. The Company recognizes and thanks Mr. Fisker for his service and many contributions as Fisker Automotive has progressed from start-up to a fully-fledged global automotive company.

Fisker Automotive is proud to have launched the world's first extended-range luxury electric car, the award-winning Karma sedan. The Company has a strong and experienced management team and its strategy has not changed. Mr. Fisker's departure is not expected to impact the Company's pursuit of strategic partnerships and financing to support Fisker Automotive's continued progress as a pioneer of low-emission hybrid electric powertrain technology.

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