STOCK TITAN

Hyliion Names Industry Veteran Matthew Loos as Senior Vice President, Marketing

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 commercial vehicles, today announced Matthew Loos as senior vice president of marketing, effective immediately. Loos brings over 20 years of marketing and sales leadership experience to Hyliion and will oversee the company’s strategic marketing initiatives to help drive profitable growth and accelerate its commercialization goals.

(Photo: Business Wire)

(Photo: Business Wire)

“Matt’s experience building high-performing marketing teams, leading brand strategy and implementing best-in-class marketing initiatives will be critical as we continue to advance our commercialization goals and deliver value to our customers both today and tomorrow,” said Thomas Healy, founder and CEO of Hyliion. “He has a proven track record of driving profitable growth through short and long-term marketing strategies, which will benefit Hyliion greatly as we continue to grow in exciting ways.”

Loos comes to Hyliion with two decades of experience in strategic marketing development and implementation with Fortune Global 500 companies across B2B and B2C industries. Most recently, Loos was the vice president of marketing and sales effectiveness at Terminix, a $1.4 billion publicly traded company, where he effectively built the marketing team to include 45 teammates across integrated specialties. In this role, he developed new product and service lines that resulted in record new unit sales across existing and new customers and successfully initiated a dynamic reposition of the brand and its digital platforms based on best-in-class market segmentation and data-driven insights.

Prior to this role, Loos worked at commercial industry leader Bridgestone Americas, where he held various roles of increasing responsibility across the organization’s multiple business units, including Bandag, Bridgestone Commercial and Firestone Building Products. At Bridgestone, Loos was responsible for leading the overall marketing strategy for their commercial truck and bus new tire division. In this role, he drove brand positioning strategy, product design and development, pricing, and sales channel strategy. In addition, Loos partnered with strategic sales teams to lead pricing and supply contract negotiations with major national fleet customers and strategic original equipment manufacturers.

To learn more about Hyliion, its products or leadership team, please visit www.hyliion.com.

About Hyliion
Hyliion Holdings Corp.’s (NYSE: HYLN) mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of commercial transportation Class 8 vehicles by being a leading provider of electrified powertrain solutions. Leveraging advanced software algorithms and data analytics capabilities, Hyliion offers fleets an easy, efficient system to decrease fuel and operating expenses while seamlessly integrating with their existing fleet operations. Headquartered in Austin, Texas, Hyliion designs, develops and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial vehicles, with the goal of transforming the commercial transportation industry’s environmental impact at scale. For more information, visit www.hyliion.com.

Hyliion Holdings Corp.

NYSE:HYLN

HYLN Rankings

HYLN Latest News

HYLN Stock Data

261.05M
124.18M
32.87%
20.9%
5.11%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States of America
CEDAR PARK

About HYLN

for the long-haul trucking market which faces large diesel costs, hyliion is developing an add-on hybrid system for semi trailers that will reduce their total fuel consumption by over 30%, giving an roi of less than one year. in addition, it will improve the driver’s quality of life as well as reduce harmful greenhouse gas emissions. the biggest pain point in the trucking industry is fuel consumption, with nearly 40% of operating costs going toward fuel alone. hyliion’s smart suspension system uses regenerative braking to capture power when the vehicle is slowing down or going down hill and reuses it to accelerate. with the smart suspension system we are adding power and technology to the trailer, which is traditionally a passive system. this allows us to tackle multiple other issues in the trucking industry with the same great product. we can give power the truck while it is parked in a rest area so that the driver can turn his diesel motor off, save over 13% in fuel, and finally