Managing Director at Quidem LLC, a corporate advisory firm
Mississauga, Aug. 24, 2021 — Worksport Ltd (Nasdaq-CM: WKSP; WKSPW) (the “Company”) appointed U.S. Ambassador Ned L. Siegel and William J. Caragol to its Board of Directors as of June 30, 2021.
Worksport’s commitment to decarbonizing transportation and innovating clean energy production is something management believes is vitally important for today’s world. The Company is acutely focused on bringing robust products to market that Worksport believes has the potential to shift consumers’ mindsets of adopting clean-energy technologies. Worksport is also committed to establishing relationships with government agencies to expand support for these strategic initiatives. The appointments of government and technology veterans Amb. Ned L. Siegel and William J. Caragol, directly reflect this commitment.
William J. Caragol is Managing Director at Quidem LLC, a corporate advisory firm that assists early- and late-stage companies in corporate strategy and positioning, as they relate to new product development and commercialization, among many other corporate services. Mr. Caragol has been involved in various market sectors as a tech investor and executive, including positions as Director, Chairman, CEO, and CFO of many public and private technology companies, ranging from Biotechnology, Blockchain, Medical Products, Homeland Security, and Information Technology. One of his recent roles being Director – Audit Committee Chair for GreenBox POS.
Mr. Caragol brings significant advisory and technological expertise to Worksport’s leadership team. Mr. Caragol’s appointment only solidifies Worksport’s bid to become an innovator and market leader in the Green Energy automotive sector.
“The Worksport team’s accomplishments and aspirational goals for green energy solutions for the automotive industry and beyond are truly impressive. I am excited to join them on this journey,” states Mr. Caragol.