Lionel Selwood Jr. is out as the president and CEO at startup commercial truck battery pack maker Romeo Power Inc., replaced by 30-year auto and energy industries veteran Susan Brennan.
Selwood, who became CEO about a year ago, led the company through its public debut sponsored by special purpose acquisition company RMG Acquisition Corp. Romeo received $384 million before expenses with an enterprise value of $900 million when the business combination closed last December.
Selwood is stepping down...