Press Releases/ Announcement
Taipei, October 24, 2023- ProLogium, a global leader in next-generation solid-state batteries, is pleased to announce the appointment of Ron Wirahadiraksa as its first Chief Financial Officer, effective October 2, to bolster ProLogium’s ambitious plans for global expansion.
As the company embarks on its global growth strategy and accelerates the industrialization of solid-state batteries, Mr. Wirahadiraksa’s inclusion in the leadership team is instrumental for the company to navigate the fast-evolving marketplace. His primary responsibilities include establishing a compliant, international financial framework and devising macro-level financial strategies to mitigate risks.
Mr. Wirahadiraksa held CFO and executive board positions in several globally recognized listed companies. Formerly serving as CFO of Royal Phillips, he played a key role in driving business transformation of the global electronics giant. As part of the executive team, his leadership helped refocus the company on its core strengths, yielding impressive profitability. Prior to joining ProLogium, he served as a Managing Director in Alvarez & Marsal, a global leading business consultancy firm, helping organizations boost operating performance and maximize value through financial and operational restructuring.
Vincent Yang, founder and CEO of ProLogium, stated “I am delighted to welcome a visionary expert like Ron to our leadership team. As we are committed to international operations and capacity expansion, ProLogium will benefit immensely from Ron’s extensive experience in financial leadership and international outlook. He will be instrumental in crafting a robust financial strategy and capital structure, supporting the company’s rapid transformation and growth.”
“I’m excited to join ProLogium at this pivotal moment in its growth journey. With our groundbreaking technologies and clear vision of scale-up, ProLogium is well-positioned to become a key driving force of the EV revolution.” said Mr. Wirahadiraksa. “I look forward to working closely with our passionate team and shaping impactful financial strategies to deliver long-term value for our shareholders and the transition towards decarbonized transportation.”
Mr. Wirahadiraksa brings a wealth of experience in international collaboration and management. He co-led the establishment of the LCD joint-venture between LG Electronics and Phillips Electronics, in South Korea. During his tenure as President and CFO there, he spearheaded its successful concurrent dual listing on the Korean and New York Stock Exchanges, contributing to the globalization of the Korean financial market.
About ProLogium :
Founded in 2006, ProLogium is an energy innovation firm focused on the R&D and manufacturing of next-generation battery solutions for EV, consumer, and industrial applications. Its proprietary technologies cover more than 650 (applied and awarded) patents globally.
ProLogium has demonstrated its commercial capabilities through its automated pilot production line, with which it has shipped nearly 8,000 solid-state battery sample cells to international automotive OEMs for testing and module development. Its first large scale demonstration production line in Taoyuan, Taiwan will start operations by the end of 2023, which will help accelerate the company’s capacity expansion in major global markets.