Transense Technologies plc announced the appointment of Stephen Parker as an Independent Non-Executive Director, with effect from 1 May 2023. Stephen is an experienced board director with a track record of leading businesses in the technology, automotive and transportation sectors. He has significant experience working in leading professional services firms advising international companies in the development and implementation of business strategy, and has hands on experience across the full business cycle from start-ups to mergers and acquisitions, both buy-side and successful exit.
He is currently Senior Independent Director of YASA Limited, having been Chairman guiding it through its early stages of innovation to scale-up, industrialisation and its purchase by Mercedes-Benz Group AG in 2021. YASA designs and develops axial flux electric motors for premium and high performance automotive applications. Stephen is also Non-executive Chairman of Evolito Limited, an advanced technology company that designs, develops and manufactures electric propulsion units for the aerospace sector to power vertical lift and short flight duration fixed wing aircraft.
Evolito was spun out of YASA on its sale to Mercedes-Benz and is funded via private equity. Previously, Stephen fulfilled a number of senior executive leadership roles in international organisations including Unipart, Ricardo, AT Kearney, Perkins Engines and Babcock International. Stephen was also a senior independent director at the Transport Research Foundation from 2015 to 2023 and is a current Pro-chancellor at Coventry University where he was previously Chair of the Board of Governors.
Evolito corporate website
Yasa corporate website