Libertine FPE (“Libertine”), the creator of Smart Engine technology for electric vehicles (EV), has appointed Douglas Montgomery as a non-executive director to represent the company’s minor shareholders.
Douglas is an Investor Director of Westwood Global Energy Group and Speech Graphics. Both are private companies and are developing new products/platforms which require commercialisation for growth.
Douglas says: “I’ve been an investor in Libertine FPE over multiple rounds since 2014, and I’m excited by the potential of the management team and the market opportunity for Smart Engines utilizing Libertine’s Linear Power Systems in a more environmentally conscious society.”
Before 2016 Douglas was an Executive Director at energy research and consultancy firm Wood Mackenzie. Douglas was global head of Sales and Marketing, also leading strategy and new product developments, and grew sales from under £10 million to over £240 million p.a. After taking the company private through a management buy-out from Deutsche Bank in 2001 for £25M the company was ultimately sold to Verisk Analytics in 2015 for £1.85Bn.