Traxen Strengthens Board of Directors with Appointment of Petrovich to Chairman, Gryzenia as Advisor
PLYMOUTH, Michigan, Sept. 17, 2020 – Seasoned automotive business leader Mary Petrovich has joined the Traxen Board of Directors as chairman to support the start-up company in its mission to lead the trucking technology market rapidly into the future. In addition to Petrovich’s appointment to the board, Bill Gryzenia, an accomplished automotive industry veteran, has been named an advisor to the board.
“We are incredibly pleased to have Mary and Bill playing integral roles in our technology company as we cruise forward with our pilot phase,” said Ali Maleki, founder and CEO of Traxen. “I know their comprehensive backgrounds and connectivity to the industry will be key assets to Traxen’s future success.”
Together, Petrovich and Gryzenia have a solid history of working for and overseeing innovative automotive and tech companies, bringing exceptional expertise in successfully leading start-ups and effectively navigating – and fulfilling – exit strategies.
“The Traxen team has worked tirelessly to develop amazing technology that will save truck fleets millions of dollars in fuel costs upon its launch,” said Petrovich. “I look forward to working with the Board to help guide Traxen as it moves to commercialize its innovation and enters a strong growth phase.”
Rick Bolander also is a member of Traxen’s board of directors and Doug Neal serves as a board advisor.
About Petrovich
Petrovich is a senior executive at the Carlyle Group and chairman of DealerShopTM. Throughout her career, she has overseen the successful private equity exits of three companies in the on- and off-highway markets. Most recently, she served as executive chairman of AxleTech, where she helped shape the company’s electric vehicle strategy for the truck and bus markets and positioned it as a technology leader. She also previously held the position of president of Dura Automotive’s driver controls unit and served in various roles with increasing responsibility at AlliedSignal, Chrysler and General Motors.
In addition to her new position on the Traxen board, Petrovich currently serves on the boards of United Road, Woodward, Inc. and Xeeva Software. Throughout her career, Petrovich has received several awards including the University of Michigan Hermelin Award for fundraising leadership and Crain’s Detroit Business’ Most Influential Women in Business.
About Gryzenia
Gryzenia currently serves as president and CEO of DealerShopTM. With extensive expertise in advanced driveline technologies, Gryzenia previously was CEO of AxleTech, a position he held for five years after serving as vice president and general manager of Dana Inc.’s global on-highway and off-highway aftermarket business. Over the course of his career, he has also been vice president of the aftermarket for AxleTech International; director of business development with Apexon, Inc., a supply-chain software company based in Silicon Valley; and a leader in a variety of business development and general management roles with the Harnischfeger Corporation.
Beyond Traxen, Gryzenia is also a member of the Syncreon board.
About Traxen
The Traxen team is dedicated to leading the trucking technology market rapidly into the future. Its team is made up of individuals with diverse backgrounds and relevant experience, uniquely positioning it to impact the safety and savings for fleet managers and owners in a significant way.
Traxen’s iQ-Cruise™ solution delivers value through significant cost-savings on fuel, as well as reduced insurance and training cost by assisting drivers by providing them with advanced safety features. Drivers can enjoy a new level of drivability with Traxen’s driver assistance features, keeping them engaged with non-intrusive signals and alerts, preventing alert-fatigue.