Fisker Automotive has just announced that Co-Founder Henrik Fisker will become Executive Chairman of the company, and Tom LaSorda has been appointed CEO and Vice Chairman of the Board. LaSorda was a former CEO, President and Vice Chairman of the Chrysler Group and also held a number of executive positions at General Motors over a 23 year career. Most recently, LaSorda joined Fisker as Vice Chairman of the Board and executive advisor to the management team in December. He will now assume full CEO responsibilities and day-to-day operational management.

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Henrik Fisker, who co-founded Fisker Automotive in 2007 will focus on building the Fisker brand in global markets and the styling and design of future Fisker models.

“We have created a new automotive company, launched a new electric vehicle extended range technology and brought the Fisker Karma to market successfully in a remarkably short timeframe,” says Henrik Fisker. He also stated, “I am looking forward to working closely with Tom as we steer the company into its future as an iconic global automotive brand with a range of desirable cars that offer environmentally responsible luxury.” Fisker is expected to launch its next model, the Karma Surf wagon this fall.

+ Fisker