Solid Power CEO Douglas Campbell to retire

LOUISVILLE — Douglas Campbell, the CEO and co-founder of Solid Power Inc. (Nasdaq: SLDP), announced Wednesday that he is retiring after leading the company since its inception in 2011. 

Company president David Jansen has been appointed interim CEO while Solid Power searches for Campbell’s permanent replacement. 

Solid Power manufactures all-solid-state rechargeable battery cells for electric vehicles and mobile devices. The company replaces the flammable liquid electrolyte in a conventional lithium-ion battery with a proprietary sulfide-based solid electrolyte, making their batteries safer and more stable, as well as cheaper and easier to produce.

“It has been an honor to serve as Solid Power’s CEO…