Tod Hynes, President & Founder
Tod manages XL Hybrids’ corporate strategy and operations. He also recruits the company’s team of employees and advisors and coordinates relations with key customers, stakeholders and investors. He lectures at Massachusetts Institute of Technology, where he has taught the graduate course “Energy Ventures” for four years. Tod was the director of alternative energy at Citizens Energy for five years and started that company’s wind development business. Before working with Citizens Energy, Tod founded a consulting and engineering company in the distributed power generation market.
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 Committee and Republican National Committee. He has a Bachelor of Science in management science from MIT.
Neal Isaacson, Chief Financial Officer
Neal leads the company’s finance and administrative functions, as well as legal, HR 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.
Previously, Neal served as CFO at Open Blue and Ze-gen and, as CFO at EnerNOC (NASD: ENOC), he oversaw several venture financings, led multiple debt financings completed acquisitions and helped position the company for its successful initial public offering which was named the 2007 Top IPO in New England by the Association for Corporate Growth Boston (ACG) and Mass High Tech. Neal has also served as CFO of Ucentric Systems, and was founder, CFO and director of Cignal Global Communications, Inc. In these positions, he was responsible for $300 million of private debt and equity financings across several industries.
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.
Clay Siegert, VP Supply Chain & Co-Founder
Clay is responsible for leading product development and engineering, component selection and sourcing, supplier relationships, and logistics. Prior to co-founding XL Hybrids, Clay had 12 years of experience with three companies, including Hudson Capital Group, an energy commodity trading firm; Smart Energy, a deregulated electricity and gas supplier; and consumer products company Start Space Games, which he founded.
Clay earned a master’s degree in engineering in supply chain and logistics 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
Dr. Lovelace has 25 years of leadership experience in electric power conversion technology and product development for hybrid/electric powertrain and electric power generation applications. He is the former CTO and executive vice president of engineering at Free Flow Power, a renewable generation project development company focused on hydropower. At Free Flow Power, he led the development of a hydrokinetic turbine system that was successfully deployed on the Mississippi River to generate electricity from the 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.