Reflects surging demand for seamless, full-service fleet electrification solutions
WASHINGTON, D.C., (January 23, 2023) – Inspiration Mobility (“Inspiration”), the first end-to-end electric vehicle (EV) solutions company, today announced the addition of three widely recognized senior executives joining the company to spearhead finance, sales, and human capital. With decades of expertise in areas key to financing the transition of commercial fleets to EVs, in concert with exceptional customer service, SungHwan Cho is joining the company as Chief Financial Officer, Edward P. Kaye as Senior Vice President of Sales & Business Development, and Heather Schwager as Senior Vice President & Head of People.
Josh Green, Founder and CEO of Inspiration stated, “Sung, Ed, and Heather bring tremendous value as we continue to scale the leading EV fleet electrification platform in the US. Their addition to the team reflects our phenomenal growth and market traction as commercial customers seek a one-stop partner to transition their fleets to EVs as quickly and painlessly as possible for dramatic cost savings and sustainability benefits.”
SungHwan Cho (“Sung”) joins as Chief Financial Officer, bringing over 25 years of operational finance leadership and management in private equity and operating companies, including 9 years as Chief Financial Officer at Icahn Enterprises, a diversified holding company conglomerate engaged in automotive, energy, investment, real estate, and several other industries. He has also served on numerous corporate boards, such as Hertz, CVR Energy, Tenneco, American Railcar Industries, and others.
Edward P. Kaye (“Ed”) joins as Senior Vice President, Sales & Business Development and brings over 30 years of experience in transportation vehicle financing and leasing, including as co-founder of the Advantage Funding group of companies and Access Commercial Capital. Ed was most recently a partner in the vehicle finance law firm of Schickler Kaye, representing banks and specialty vehicle and equipment lenders and lessors. He previously served as president of the National Vehicle Leasing Association (NVLA) and is currently a member of its board of directors.
Heather Schwager joins as Senior Vice President and Head of People with responsibilities for recruiting and retaining the best talent in the electrification industry while maintaining the company’s purpose-driven culture and mission. Heather has spent 25 years in effective human resource management in both the private and public sector and founded her own consulting firm. Prior to joining Inspiration, she served as Chief People Experience for Urgently, VP of People Experience for WhyHotel, and served in human resource roles with KIPP Foundation, IBM, and Marsh and McLennan.
Green added, “Interest in fleet electrification has never been higher due to looming corporate climate deadlines, new and growing electric vehicle options, and tailwinds from federal and state policies. Sung, Ed, and Heather will help our customers, partners, and employees meet this moment and accelerate the EV transition. I’m thrilled to have them join our growing team.”
About Inspiration
Inspiration Mobility is accelerating the transition to an all-electric transportation future by providing a comprehensive EV fleet-as-a-service solution to commercial fleets, including Fortune 500 companies, taxi and for-hire-vehicle operators, venture-backed mobility companies, and many others. Inspiration delivers EV procurement and financing, state-of-the-art charging infrastructure deployment, and fleet operations services, providing companies with a seamless, cost-effective transition to zero-emission electric transportation. Backed by three leading energy and infrastructure investors, we aim to dramatically accelerate fleet electrification in North America while building the leading investment platform focused on the EV transition. More information is available at www.inspirationmobility.com.