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Clean Diesel Technologies (CDTI) Reports Resignation of CEO Charles F. Call

December 6, 2011 9:07 AM EST
CDTI Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: +23.2%
Clean Diesel Technologies, Inc. (NASDAQ: CDTI) announced today that Charles F. Call has informed the Board of Directors of his plan to retire as President and Chief Executive Officer. Mr. Call, age 64, will continue to serve until a successor has been named and the Chief Executive Officer transition is complete. Mr. Call will remain a member of the Board of Directors, and the Board will appoint him as Vice Chairman at the time of his retirement. Mr. Call has served as President and Chief Executive Officer of Clean Diesel since October 2010, when Clean Diesel acquired Catalytic Solutions, Inc.

Clean Diesel has retained a nationally recognized executive recruiting firm, to advise the Board on potential candidates and has commenced a comprehensive internal and external search for a new Chief Executive Officer. In the mean time, Mr. Call will remain in his current role to ensure leadership stability and continuity for Clean Diesel.


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