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Better Place CEO Agassi stepping down from electric car company

Shai Agassi is stepping down as CEO of Better Place, an electric car company that is using Hawaii as a test market, and will be replaced by the CEO of the company’s Australia unit, Evan Thornley.

Forbes magazine reports that Agassi, who founded the company in 2007, will remain a director of the company, which is co-headquartered in Israel and Palo Alto, Calif.

Pacific Business News

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