President & Founder
Tod founded XL Hybrids in 2009 and leads the company’s corporate strategy and operations. Tod is also a Senior Lecturer at the Massachusetts Institute of Technology (MIT), where he has taught graduate course, Energy Ventures, since 2008. Previously, Tod was director of alternative energy at Citizens Energy where he launched the company’s wind development business. Prior to Citizens Energy, Tod founded a consulting and engineering company in distributed power generation. Tod also co-founded the MIT Clean Energy Prize and co-chaired the Energy Committee of the Coalition for Environmentally Responsible Conventions (CERC), the organization that greened the 2004 U.S. presidential Democratic National Convention and Republican National Convention. He has a Bachelor of Science in management science from MIT.
Chief Operating Officer
Clay is responsible for leading sales, supply chain and production at XL Hybrids. Prior to co-founding XL Hybrids, Clay was in strategic roles at Hudson Capital Group, an energy commodity trading firm, Smart Energy, a deregulated electricity and gas supplier, and Start Space, a consumer products company. Clay earned a master’s degree in Supply Chain Management from MIT, and a bachelor’s degree from Trinity College. While at MIT, Clay conducted his thesis on strategies for grid-scale energy storage applications. Clay also co-authored an MIT Center for Transportation & Logistics research study on vehicle-to-grid opportunities for corporate fleets.
Dr. Edward Lovelace
Chief Technology Officer
Ed has 25 years of leadership experience in electric power conversion technology and product development for hybrid/electric powertrain and electric power generation applications. Formerly CTO and executive vice president of engineering at Free Flow Power, a renewable generation project development company focused on hydropower, he led the development of a hydrokinetic turbine system that generated energy from the Mississippi River currents. Previously, Ed was director of engineering development at Satcon, a leading U.S. alternative energy electric power conversion company, and prior to that was with the General Electric Aircraft Engine business. Ed was a DOT/FHWA Eisenhower Doctoral Fellow for the MIT-Industry Consortium on Advanced Automotive Electrical/Electronic Components and Systems. He has a Bachelor of Science and a Master of Science in mechanical engineering, and a Master of Science and Doctorate in electrical engineering from MIT.
Chief Financial Officer
Neal leads the company’s finance and administrative functions, as well as legal, human resources, and facilities. He is a financial industry veteran with more than 25 years of experience in strategic financial planning, global cash management and debt and equity financings in the technology and cleantech industries. His diverse background blends public company experience with the high-growth, fast-paced environment of early-stage venture-backed companies, including the industry-recognized IPO of EnerNoc. Previous CFO roles include Open Blue and Ze-gen, EnerNoc (NASD: ENOC), Ucentric Systems; and founder, CFO and director of Cignal Global Communications, Inc. Neal has a bachelor’s degree in accounting from the University of Massachusetts and is a member of the American Institute of Certified Public Accountants and Massachusetts Society of Certified Public Accountants.