Segway gets its third CEO in as many years, while one of its former presidents takes a job with Driveitaway.

Manchester, N.H.-based Segway LLC got its third CEO in as many years last week, while one of its former presidents took a job with Driveitaway Inc.
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Segway, maker of a $4,500 self-balancing human transporter touted as an invention that would revolutionize transport, named Ronald Bills president and chief executive on Wed., Jan. 7. Bills previously served as general manager of Medina, Minn.'s Polaris Industries Inc., which makes snowmobiles and other small vehicles. He takes over from Vernon Loucks, who will remain as a director after serving just one year in the top spot. Loucks came on board at the high-tech scooter-maker last January, knocking out George Muller, who served as president, but not CEO, of Segway. Muller served less than nine months in the president's seat -- he joined in April 2002, taking over from founder and first CEO Dean Kamen. Kamen continues as chairman.

Muller has moved on to a shorter commute at Philadelphia-based Driveitaway, a wholesale-to-retail remarketing platform for off-lease and off-fleet vehicles, which hired him as president and chief executive on Jan. 12. Last year, Muller, who lives with his wife and four school-age children in New Jersey, told News.com that he left Segway to be closer to his family. Muller replaces Driveitaway co-founder John Possumato, who was named vice chairman and COO of the company.

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