Press Release - Director Strategic Accounts
Published on: Mar 4, 2016
Transcripts - Press Release - Director Strategic Accounts
FOR IMMEDIATE RELEASE
Fallbrook Technologies Creates New Role to Manage Strategic Accounts for Licensees
of the NuVinci®
Continuously Variable Planetary (CVP) Technology in North America
CEDAR PARK, Texas, March 17, 2014 – Fallbrook Technologies (Fallbrook), inventor of the
NuVinci continuously variable planetary (CVP) technology, has announced the creation of a
new role within its organization: Director, Strategic Accounts. Fallbrook noted that this role
has been filled by a current Fallbrook staff member, J. Geoffrey Petrangelo.
Petrangelo joined Fallbrook in 2007; first managing all U.S. sales within the Bicycle Division,
during which time he increased the OEM channel by almost 450% over a three-year period.
Most recently he served as Director of Sales for the Auxiliary Power Unit (APU) Division,
leading the recovery of the sales and distribution network after the company's voluntary
Prior to Fallbrook, Petrangelo built a strong career within the transportation industry, working
in sales and sales management roles for companies such as Ford Motor Company, Visteon
Corporation, Exide Technologies, and Tenneco Automotive. Petrangelo holds a Bachelor of
Science degree from Michigan State University.
In his new role, Petrangelo will be managing Fallbrook’s strategic relationships with licensees
of its award winning NuVinci CVP technology, such as its tier one automotive supplier
licensees. The focus of his efforts will be the development of strategic initiatives to ensure
licensee success, starting with the technology transfer phase and continuing through the
"Geoff has a solid background in business development and customer relationship
management, combined with a deep understanding of the transportation industry," said Alain
Charlois, Fallbrook's Executive VP, Corporate and Business Development. "This experience
will make him a strong asset to our strategic licensing partnerships to ensure that our
licensee partners receive the highest level of support as they bring their NuVinci-based
products to market."
Petrangelo will report to Rick Meyer, Fallbrook's VP of Business Development, and will
operate from Detroit, MI, where he resides.
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About Fallbrook Technologies
Fallbrook’s NuVinci continuously variable planetary (CVP) technology can improve the
performance and efficiency of machines that use a transmission, including bicycles, electric
vehicles, automobiles, off-highway vehicles, stationary equipment, wind turbines and others.
The NuVinci technology is Transforming Gears into Spheres by using a set of rotating balls
between the input and output components of a transmission. Tilting the balls changes their
contact diameters and varies the speed ratio. Compared to other continuously variable
transmission technologies, the NuVinci technology is less complex, scales and packages
more easily, costs less to manufacture, and facilitates achieving optimum performance.
Fallbrook Announces New Role to Manage Strategic Accounts
The N360 continuously variable bicycle drivetrain and the Harmony automatic electronic
shifting system, which utilizes the N360, are Fallbrook’s current commercially available
products for the bicycle industry. Since their introduction, Fallbrook’s cycling products have
become a standard component on more than 60 major bicycle brands throughout Europe.
Outside of cycling, the NuVinci technology offers companies the flexibility to design and
produce next-generation products that are better-tailored to their unique business, market,
and competitive requirements. Fallbrook’s NuVinci CVP technology is now being developed
for commercialization in several other applications. For example, major automotive
transmission suppliers have licensed NuVinci technology for the development of automotive
class drivetrains, and a market-leading supplier has licensed the technology and is
developing NuVinci CVP transmissions for electric and gasoline light vehicle applications.
NuVinci CVP technology can be configured to replace multiple planetary gears, providing
dramatic performance improvement in a smaller package and at a lower cost. Fallbrook has
built an extensive portfolio of over 600 patents and patent applications worldwide. For more
information, visit http://www.fallbrooktech.com.
Director of Marketing, Fallbrook Technologies, Inc.
Tel: +1 512 519-5344