archer aviation board of directors archer aviation board of directors

Archers mission is to advance the benefits of sustainable air mobility. Wisk Aero LLC v. Archer Aviation Inc., 3:21-cv-02450, No. 426-11 (N.D Source: FactSet. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. Mr. James OShaughnessy has served as Director and Chairman of the Audit Committee since September 2018. 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. He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. 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. August 4, 2021 | Archer Announces Experienced and Skilled Board Nominees Ahead of Merger with Atlas Crest Investment Corp. Archer rounds out nominations to the combined companys board of directors with diverse and seasoned talent from the aviation, automotive, technology, and finance & consulting sectors, Nominations include Deborah Diaz, former CTO and deputy CIO of NASA, Maria Pinelli, former Global Vice Chair of E&Y and Fred Diaz, former CEO of Mitsubishi Motors North America, Latest announcement comes after Archer announced last week the nomination of Oscar Munoz, former United Airlines Chairman and CEO, to join the post-closing board of directors, Board appointments are set to bolster Archers position as a strategic leader in the eVTOL space. Mr. Spellacy has served as a member of our board of directors since September 2021. Based in Palo Alto and led by co-founders and co-CEOs Brett Adcock and Adam Goldstein, Archer's mission is to advance the benefits of sustainable air mobility and become the leader in the new era of UAM, a $1 trillion plus market, according to leading industry research. 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. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. 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. Currently the Global Head of Business Development at Stellantis N.V., Pilarski is a seasoned leader with. We are targeting routes of between 20-60 miles. From July 2011 to June 2017, Ms. Pinelli was a Global Vice Chair of EY and led EYs Global Strategic Growth Business unit with a focus on serving entrepreneurs, private and public companies poised for exponential growth. Copyright 2023 Surperformance. These nominations will add three additional diverse and seasoned executives to the combined . Board of Directors; Committee Composition; Governance Documents; Leadership Team; Resources. 03/03/2023. From January 2007 to November 2009, Ms. Diaz served as Deputy Chief Information Officer for the United States Patent and Trademark Office (USPTO). Mr. Klepsland is a Director of Seatankers Management Norway AS. Archers mission is to advance the benefits of sustainable air mobility. We believe that Mr. Munozs experience in management and finance in the airline industry qualify him to serve on our board. Mr. Spellacy was appointed Atlas Crest Investment Corp.'s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. Ms. Pilarski has a B.S. 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 Inc. announced on May 9, 2022, the Board of Directors received a letter from Brett Adcock resigning as a director of the Company, effective immediately. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Atlas Crests executive officers and directors in the solicitation by reading the Registration Statement and other relevant materials filed with the SEC in connection with the proposed business combination when they become available. Mr. Goldstein holds a B.S. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. In addition, forward-looking statements reflect Atlas Crests and Archers expectations, plans or forecasts of future events and views as of the date of this press release. Archer rounds out nominations to the combined company's board of directors with diverse and seasoned talent from the aviation, automotive, technology, and finance & consulting sectorsNominations . 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. Docusign envelope id: 90b8de9c-73f0-4059-ba96-d776870b7f22 i, michael spellacy, declare as follows: i was the chief executive officer and a board member of . 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. Archer Aviation - Financials - SEC Filings - SEC Filings Details Archer Aviation - Corporate Governance - Board of Directors - Person Ms. Pilarski has served as a member of our board of directors since January 2022. 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. Brett Adcock, Archers co-founder and former co-CEO, will remain on the Companys Board of Directors. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Ms. Pilarski is the Executive Sponsor of the Stellantis Womens Business Resource Group, which is dedicated to pursuing the professional development and advancement of female employees. Prior to joining Stellantis, Ms. Pilarski was employed at FCA US LLC (FCA) since 2009, having served as Head of Business Development for the North America region from March 2019 to February 2021, Head of Human Resources for the North America region from September 2017 to March 2019, and Head of Business Development for the North America region from June 2009 to September 2017. These forward-looking statements include, but are not limited to, statements regarding future events, the proposed business combination between Atlas Crest and Archer, the estimated or anticipated future results and benefits of the combined company following the proposed business combination, including the likelihood and ability of the parties to successfully consummate the proposed business combination, future opportunities for the combined company, and other statements that are not historical facts. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. Ms. Diaz currently serves on the board of directors of Section IO and on the advisory board of directors of Equinix and Intel Corporation. Archer Aviation Inc. today announced the appointment of Barbara Pilarski to its Board of Directors. To get the latest updates from Archer via email, please enter your email address in the field below, select which categories of information you would like to receive and click submit. Data may be intentionally delayed pursuant to supplier requirements. 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. (e) On February 7, 2022, the Compensation Committee (the "Committee") of the Board of Directors of Archer Aviation Inc. (the "Company") approved entering into Change in Control and Severance Agreements with each of the Company's executive officers (excluding Brett Adcock and Adam Goldstein, our Co-Chief Executive Officers), whose change in . Fundamental company data and analyst estimates provided by FactSet. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Archer and its respective directors, officers and employees may also be deemed to be participants in the solicitation of proxies of Atlas Crests stockholders in connection with the proposed business combination. The airline has said it envisions using zero-emission air taxis to ferry passengers on short flights over gridlocked . From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. Investors: investors@jobyaviation.com +1-831-201-6006. 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. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. in International Business from Colorado State University and B.S. Archer Aviation - Corporate Governance - Board of Directors - Person Archer Aviation, Inc. ("Archer") has agreed to effect a business combination with Atlas Crest Investment Corp., pursuant to which Archer will merge with and into a subsidiary of Atlas (the "Merger"). 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. However, while Atlas Crest and Archer may elect to update these forward-looking statements at some point in the future, Atlas Crest and Archer specifically disclaim any obligation to do so. in Economics from the London School of Economics and MBA from the University of Hartford. Adam Goldstein is Archers co-founder and has served as Co-Chief Executive Officer of Archer and a member of the Archer board of directors since October 2018. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer's board of directors. International stock quotes are delayed as per exchange requirements. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Mr. Goldstein is Archers founder and serves as our CEO. Former President and CEO of Mitsubishi Motors North America, Site One Landscape Supply Inc. (f/k/a as John Deere Landscapes LLC). FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Mr. Munoz previously served on the board of directors of Continental Airlines, Inc. from May 2004 until its acquisition by United Airlines in October 2010. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. During this period, she was also EYs Global IPO Leader consulting to clients preparing for the pre and post journey. ACHR | Archer Aviation Inc. Company Profile & Executives - WSJ Mr. Munoz, a seasoned aviation executive, served as CEO of United Airlines (United) from 2015 to 2020 and led the companys board as Executive Chairman from 2020 until retiring in May 2021. 05/10/2022 | 06:01am EST. 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. Archer. Archer on LinkedIn: We're delighted to welcome Oscar Munoz, former We believe that Ms. Pinelli is well-qualified to serve on our board due to her previous leadership roles at EY, her international business and financial experience, and her extensive experience in advising growth companies. To get the latest updates from Archer via email, please enter your email address in the field below, select which categories of information you would like to receive and click submit. in Finance and Strategy from USCs Marshall School of Business and an MBA from Pepperdine University. . During his tenure, United earned recognition for innovation and customer service, earning trust with employees and leading the industry toward a sustainable aviation future. Jan Erik Klepsland, has served as Director in Archer since October 2021. Contacts: For Joby Aviation. He is a nonexecutive member of the board of directors of Gas Plus, an Italian company listed on the Milan Stock Exchange. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. | September 20, 2022 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. - USA, CA - Archer Aviation Inc., a leading Urban Air Mobility company and developer of all-electric vertical take-off and landing aircraft, and Atlas Crest Investment Corp. (NYSE: ACIC) today announced Deborah Diaz, Maria Pinelli, and Fred Diaz as nominees for the post-closing board of directors. 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. archer aviation board of directors - bertramcoc.org 1 CORPORATE GOVERNANCE GUIDELINES APPROVED BY THE BOARD ON SEPTEMBER 16, 2021 Archer Aviation Inc. (the "Company") has established the following guidelines for the conduct and operation of its Board of Directors (the "Board").These guidelines are designed to give directors a flexible Mr. Munozs experience in management and finance working for well-known consumer and airline brands positions Mr. Munoz to advise Archers team as they scale globally. Archer Announces Experienced and Skilled Board Nominees Ahead of Merger 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. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. 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. Giovanni Dell Orto was appointed as a Director in February 2011. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. All rights reserved. Certain statements made in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. in Finance and Strategy from USCs Marshall School of Business and an MBA from Pepperdine University. Archer Aviation - Corporate Governance - Board of Directors - Person 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. Ms. Pinelli has served as a member of our board of directors since September 2021. 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. Archer Aviation : Appoints Barbara Pilarski, Global Head of Business Atlas Crest and Archer anticipate that subsequent events and developments will cause Atlas Crests and Archers assessments to change. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. Archer expects and [] These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas director of strategic growth markets from 2006 to 2011. Security holders of Atlas Crest are urged to read the Registration Statement and the other relevant materials before making any voting decision with respect to the proposed business combination because they contain important information about the proposed business combination and the parties to the proposed business combination. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. Fred Diaz served as President & CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. These nominations will add three additional diverse and seasoned executives to the combined companys board from the aviation, automotive, technology, and finance & consulting sectors. Archer Aviation Unveils Autonomous Electric Aircraft 'Maker' - Nasdaq Mr. Diaz currently serves as a director of Site One Landscapes (formerly John Deere Landscapes), a publicly traded company. He is the CEO and Representative Director of Woven Planet Holdings, and a Member of the Board of Directors and Operating Officer of Toyota Motor Corporation (Toyota). Mr. Spellacy was appointed Atlas Crest Investment Corp.s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. Since leaving NASA in 2016, she has served as CEO and VC Advisor of Catalyst ADV, a strategic growth advisory firm specializing in large-scale business transformation, developing new business markets and strategic partnerships. For this position we are targeting a base pay between $228,000 - $285,000. In this role, Ms. Pinelli led a team of over 5,000 professionals serving high growth private, public and private-equity backed businesses. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. PDF Format Download (opens in new window) . Mr.OShaughnessy is an Irish, British and Bermudan citizen, residing in Bermuda. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. Corporate Governance - Archer "We couldn' t be happier that Barbara, with her multifaceted experience, has chosen to join . These nominees will become directors of the combined company following the completion of the proposed business combination of Archer with Atlas Crest. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. Prior to Vettery, Adam spent 10 years in various leadership positions across several investment firms. To get the latest updates from Archer via email, please enter your email address in the field below, select which categories of information you would like to receive and click submit. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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.. He Served as Executive Vice President of Shell for over 10 years, with responsibility for managing Shell upstream investments in well construction and maintenance globally. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. 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. 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.