in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. There may be additional risks that neither Atlas Crest nor Archer presently know or that Atlas Crest and Archer currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Actual compensation offered will be determined by factors such as job-related knowledge, skills, and experience.Archer is proud to be an Equal Opportunity employer committed to diversity and inclusivity in the workplace. Mr. Spellacy received his B.S. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. Before joining Uniteds executive team, Mr. Munoz served in several roles at CSX Corporation from 2003 to 2015, including President, COO, and CFO. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Oscar Munoz Former Chairman and CEO of United Airlines Mr. Munoz has served as a member of our board of directors since September 2021. Mr. Diaz also served in several roles for Fiat Chrysler Automobiles from 2004 to 2013, including President and CEO Ram Truck Brand and President and CEO Chrysler Mexico. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Under Adams leadership, this management structure will continue to drive the success of the Company.. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). in Economics from the London School of Economics and MBA from the University of Hartford. These forward-looking statements should not be relied upon as representing Atlas Crests or Archers assessments as of any date subsequent to the date of this press release. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. However, they . UAL's former CEO serves on the Archer board of directors. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Investors: ir@reinventtechnologypartners . The boards of directors of both Archer and Atlas Crest have unanimously approved the proposed business combination, which is expected to be completed in the second quarter of 2021, subject to the . Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. As the worlds only vertically integrated airline company, Archer is designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in Urban Air Mobility that can carry passengers for a targeted 60 miles at speeds of up to 150 mph while producing minimal noise. Ms. Diaz is also a licensed single engine pilot. 05/10/2022 | 06:01am EST. Atlas Crest Investment Corp. (NYSE: ACIC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses and is sponsored by an affiliate of Moelis & Company, a leading global financial advisor to corporate executives, boards, entrepreneurs, financial sponsors and governments. We are targeting routes of between 20-60 miles. Archer. Giovanni Dell Orto was appointed as a Director in February 2011. Subscribe to get the latest from Archer . Ms. Diaz is National Association of Corporate Directors Directorship and Directors Academy Board Director certified. Archers mission is to advance the benefits of sustainable air mobility. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. Before that, Mr. Diaz served as General Manager in Charge, Performance Optimization Global Marketing and Sales of Mitsubishi Motors Corporation in Japan, from July 2017 to April 2018. From July 2017 to December 2020, Ms. Pinelli led Ernst & Young LLPs (EY) Consumer Products and Retail sector based in the U.S. Southeast. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. During the same period, she also served as EYs Global IPO Leader, helping clients prepare for the public markets including initial public offering readiness, Sarbanes Oxley Act compliance and how to manage stakeholder expectations. Prior to Bridgewater, Mr. Spellacy was a Partner and Managing Director at the Boston Consulting Group from 2003 to 2009 where he helped guide the firms global Alternative Investments Practice providing strategic business advisory services to global asset managers, sovereign wealth funds and asset owners. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Mr. Goldstein is Archers founder and serves as our CEO. These statements are subject to a number of risks and uncertainties regarding Atlas Crests businesses and the proposed business combination, and actual results may differ materially. From April 2013 to July 2017, Mr. Diaz served in a number of roles for Nissan Motor Corporation, including Division Vice President & General Manager North American Trucks and Light Commercial Vehicles, Sr. Vice President Sales & Marketing and Operations, and Division Vice President, Sales & Marketing and Parts & Service. Prior to Accenture, Mr. Spellacy was a Senior Partner, Asset and Wealth Management, at PricewaterhouseCoopers from 2015 to 2017 and prior to that role, Mr. Spellacy was a Partner at Broadhaven Capital, an industry leading independent investment bank and private equity investor servicing the financial services and technology sectors from 2013 to 2015. Mr. Diaz has served as a member of our board of directors since September 2021. I also want to thank Brett for his partnership and many contributions to Archer along the way.. Archer Aviation - Corporate Governance - Board of Directors Board of Directors Adam Goldstein Archer Founder & CEO Mr. Goldstein is Archer's founder and serves as our CEO. Accordingly, undue reliance should not be placed upon the forward-looking statements. We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer's board of directors. Ms. Pinelli currently serves on the board of directors of Globant S.A. As Archer scales its operations, Ms. Pinellis international business experience, financial expertise and her extensive experience in advising growth companies will serve as an asset to Archers management team. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. Archer's team is based in Palo Alto, CA. Mr. Dell Orto was president and chief executive officer of DLS Drilling, Logistics and Services from 1994 to August 2006; since then he remains member of the board of DLS. Prior to this role, Ms. Pinelli was a Global Vice Chair of EY from 2011 to 2017 and led EYs Global Strategic Growth Business unit with a focus on serving entrepreneurs and private and public companies poised for exponential growth. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. PDF Format Download (opens in new window) . Archer's team is based in Palo Alto, CA. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. From February 2011 to November 2019 Mr. Goldstein served as Portfolio Manager at Plural Investments and from September 2005 to October 2009 Mr. Goldstein served as a Senior Analyst at Cedar Hill Capital Partners. Mr. Sharpe received a Bachelor of Science degree from the University of Hull in 1980. Co-founding and leading Archer was one of the greatest experiences of my life, and I am so proud of the incredible Archer team and their many accomplishments. Archer Aviation Inc. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi.. Archer to Participate in Upcoming Investor Conferences. Forward-looking statements generally are accompanied by words such as believe, may, will, estimate, continue, anticipate, intend, expect, should, would, plan, predict, potential, seem, seek, future, outlook, and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Barclays Adjusts Price Target on Archer Aviation to $3.50 From $4, Maintains Equal-Weig.. JPMorgan Chase Trims Archer Aviation's Price Target to $5 From $7, Keeps Overweight Rat.. Barclays Adjusts Archer Aviation's Price Target to $4 from $5.50, Maintains Equalweight.. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. These risks and uncertainties include, but are not limited to, the early-stage nature of Archer, including its history of losses and the expectation of significant losses for the foreseeable future; Archers ability to manufacture and deliver its aircraft within its current estimated budget, including risks associated with Archers reliance on its relationships with its suppliers and service providers for the parts and components in its aircraft and its ability to successfully develop commercial-scale manufacturing capabilities; risks associated with the United Airlines order constituting all of the current orders for Archer aircraft and that the order is subject to conditions, further negotiation and reaching mutual agreement on certain material terms; risks relating to the uncertainty of the projections included in the model; Archers ability to effectively market and sell air transportation as a substitute for conventional methods of transportation, following receipt of governmental operating authority, including successfully addressing any obstacles outside of its control that may slow market adoption of eVTOL aircraft; Archers ability to compete in the competitive urban air mobility and eVTOL industries; Archers ability to obtain expected or required certifications, licenses, approvals, and authorizations from transportation authorities; Archers ability to achieve its business milestones and launch products on anticipated timelines; Archers dependence on suppliers and service partners for the parts and components in its aircraft; Archers ability to develop commercial-scale manufacturing capabilities; regulatory requirements and other obstacles outside of Archers control that slow market adoption of electric aircraft; Archers ability to facilitate necessary changes to Vertiport infrastructure to enable adoption, including installation of necessary charging equipment; Archers ability to establish and expand its presence within international markets and into the market segments of defense or logistics/cargo; Archers ability to hire, train and retain qualified senior management personnel or other key employees; risks related to Archers aerial ride sharing business operating in densely populated metropolitan areas and heavily regulated airports; adverse publicity from accidents involving aircraft, helicopters or lithium-ion battery cells; the impact of labor and union activities on Archers work force; losses resulting from indexed price escalation clauses in purchase orders and cost overruns; regulatory risks related to evolving laws and regulations in Archers industries, including data privacy and security laws; impact of the COVID-19 pandemic on Archers business and the global economy; risks related to natural disasters, outbreaks and pandemics, economic, social, weather, growth constraints and regulatory conditions or other circumstances affecting metropolitan areas; the inability of the parties to successfully or timely consummate the proposed business combination, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed business combination or that the approval of the stockholders of Atlas Crest or Archer is not obtained; a decline in Archers securities following the business combination if it fails to meet the expectations of investors or securities analysts; Archers inability to protect its intellectual property rights from unauthorized use by third parties; Archers ability to defend third-party claims of intellectual property infringement against Archer; Archers need for and the availability of additional capital to pursue its business objectives and respond to business opportunities, challenges or unforeseen circumstances; cybersecurity risks; risks and costs associated with the ongoing civil litigation with Wisk Aero LLC and the federal government investigation; risks related to the dual class structure of Archers common stock, which will limit other investors ability to influence corporate matters; the amount of redemption requests made by Atlas Crests public stockholders; the ability of Atlas Crest or the combined company to issue equity or equity-linked securities in connection with the proposed business combination or in the future, and those factors discussed in Atlas Crests Registration Statement on Form S-4, filed with the Securities and Exchange Commission (SEC) on March 8, 2021 (as amended, the Registration Statement) under the heading Risk Factors, and other documents of Atlas Crest filed, or to be filed, with the SEC. Before joining Uniteds executive team, Mr. Munoz served in several roles at CSX Corporation from May 2003 to September 2015, including President, COO, CFO, and Executive Vice President. From April 2013 to July 2017, Mr. Diaz served in a number of executive roles for Nissan Motor Corporation, including Division Vice President & General Managerof North American Trucks and Light Commercial Vehicles and Sr. Vice President Sales & Marketing and Operations. Previously, Ms. Diaz also held executive leadership roles at the United States Patent and Trademark Office and the U.S. Department of Homeland Security. Maria Pinelli led Ernst & Young LLPs (EY) Consumer Products and Retail sector based in the U.S. Southeast from 2017 until the end of 2020. | September 20, 2022 We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. PALO ALTO, Calif., April 18, 2022 - Archer Aviation Inc. (NYSE: ACHR) today announced that Adam Goldstein has been named sole CEO, as the company prepares for its next phase of growth in the fast-developing urban air mobility market. Renewable Energies and Carbon Capture & Storage, Conveyance and mechanical / slickline services, Human rights, Anti-Corruption and Business Ethics. If the Merger does not occur during a period of time determined by the Board of Directors of Archer (the "Archer Board") in its . in Finance and Strategy from USCs Marshall School of Business and an MBA from Pepperdine University. Adcock, who co-founded the California-based start-up with Goldstein in 2018, will remain on the company's board of directors. Mr. Spellacy has served as a member of our board of directors since September 2021. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. Prior to such role, Mr. Diaz served as General Manager in Charge of Performance Optimization Global Marketing and Sales of Mitsubishi Motors Corporation in Japan, from July 2017 to April 2018. Upon closing of the proposed business combination, these nominees are expected to be joined by Brett Adcock, Adam Goldstein and Michael Spellacy, CEO of Atlas Crest, on the board of directors of the combined company. Mr. Klepsland is a Director of Seatankers Management Norway AS. | February 21, 2023 James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . Juan R. Luciano is chairman of the board of directors, president and chief executive officer of ADM. Luciano joined ADM in 2011 as executive vice president and chief operating officer. From October 2002 to January 2007, Ms. Diaz was the Senior Technical Advisor to create the U.S. Department of Homeland Security and also the Chief Information Officer for Science and Technology. James Kuffner joined Joby Aviation's board of directors in 2021. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Previously Mr. Spellacy held senior roles at PricewaterhouseCoopers, Broadhaven Capital, Bridgewater Associates and Boston Consulting Group. Mr. Sharpe retired from Shell in 2017 after holding a diverse range of Executive Management positions at various international locations over a period of 37 years. Information concerning the interests of Atlas Crest's participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, is set forth in the proxy statement/prospectus contained in the Registration Statement. Prior to the closing of the business combination, Mr. Goldstein served as the President and Co-CEO of Archer and a member of the Archer board of directors since October 2018. Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member. Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. Prior to becoming CEO, Mr. Munoz served on the board of directors of United Airlines parent company, United Continental Holdings, having earlier joined the board of Continental Airlines in 2004. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Fred Diaz Former President and CEO of Mitsubishi Motors North America Mr. Diaz has served as a member of our board of directors since September 2021. Mr. Goldstein holds a B.S. in Finance and Strategy from USCs Marshall School of Business and an MBA from Pepperdine University. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Michael Spellacy CEO of Atlas Crest Mr. Spellacy has served as a member of our board of directors since September 2021. The Company took this step, which it believes We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. The airline has said it envisions using zero-emission air taxis to ferry passengers on short flights over gridlocked . Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. Archer expects and [] Transcript : Archer Aviation Inc. Presents at 28th Annual Vail Summit, Feb-27.. Archer To Report Fourth Quarter and Full Year 2022 Operating Update and Financial Resul.. Embraer's electric aircraft maker Eve 'on track' to start service in 2026, Archer Aviation Inc. : Other Events (form 8-K). Mr. Diaz also served in several roles for Fiat Chrysler Automobiles (FCA) from 2004 to April 2013, including President and CEO Ram Truck Brand, President and CEO Chrysler Mexico, Head of National Sales, Regional Managing Director of the Denver Business Center, Marketing Communications.
Assault On Mt Mitchell 2022,
Biometrics To Ead Timeline 2021,
Bob Mcgrath Obituary,
How To Add Response Buttons In Gmail,
Articles A
