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. 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. Mr. Klepsland is a Director of Seatankers Management Norway AS. Media: Mojgan Khalili. Mr. Diaz currently serves as a director of Site One Landscapes (formerly John Deere Landscapes), a publicly traded company. 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. She has led more than 20 IPOs in four different countries, more than 25 M&A transactions worldwide and speaks fluently on the capital markets, including testifying as an expert before the U.S. Financial Services Committee. 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. Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. 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. Mr. Sharpe is a UK citizen residing in the United Kingdom. The Company took this step, which it believes in Economics from the London School of Economics and MBA from the University of Hartford. 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. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Mr. Munoz has served as a member of our board of directors since September 2021. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. Mr. Diaz has served as a member of our board of directors since September 2021. International stock quotes are delayed as per exchange requirements. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. (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 . No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act, or an exemption therefrom. Archer Aviation Inc. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi.. Archer to Participate in Upcoming Investor Conferences. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Wednesday, Aug. 7 East Noble school board meets at 6 p.m. in the school corporation office building, 126 W. Rush St. Kendallville A Copyright 2023 Surperformance. 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. 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. 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. 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. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member. Mr. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. Mr. Spellacy received his B.S. Fundamental company data and analyst estimates provided by FactSet. 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. 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. The airline has said it envisions using zero-emission air taxis to ferry passengers on short flights over gridlocked . As CEO and VC Advisor of Catalyst ADV, Ms. Diaz manages a strategic growth advisory firm specializing in business transformation, innovative technologies, advanced manufacturing and strategic partnerships since December 2016. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. Scott Levine (Archer Aviation): Followers of Cathie Wood pay close attention when one of the Ark Invest funds purchases a given stock. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. With a stellar career in the aviation | 11 comments on LinkedIn He became chairman of the board in . Mr. Goldstein holds a B.S. 03/03/2023. 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. Former President and CEO of Mitsubishi Motors North America, Site One Landscape Supply Inc. (f/k/a as John Deere Landscapes LLC). PDF Format Download (opens in new window) . Archer's corporate governance ensures compliance with all relevant laws and regulations that affect our activity throughout all regions in which we conduct business and operate. Ms. Pilarski has a B.S. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. 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. 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. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. 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 Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Archer. Mr. Spellacy has served as a member of our board of directors since September 2021. 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). These nominations will add three additional diverse and seasoned executives to the combined . 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. I am fully committed to the success of Archer, said Brett Adcock. 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. Ms. Pinelli has served as the Chief Executive Officer of Strategic Growth Advisors, LLC since December 2020. Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member of Board of Directors brings extensive experience negotiating and. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). However, they . 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. Jan Erik Klepsland, has served as Director in Archer since October 2021. Investors: ir@reinventtechnologypartners . Neither RTP nor Joby Aviation gives any assurance that either RTP or Joby Aviation or the combined company will achieve its expectations. Mr. Dell Orto has also served as chairman and chief executive officer of Saipem and was a board member of Agip and Snam. He has experience within equity/debt financing, M&A and restructuring. 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 . Mr. Munoz has served as a member of our board of directors since September 2021. These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. 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. 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. Previously, Ms. Diaz also held executive leadership roles at the United States Patent and Trademark Office and the U.S. Department of Homeland Security. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Mr. Goldstein holds a B.S. All rights reserved. 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. Commenting on the appointments, Brett Adcock, co-founder and co-CEO of Archer, said We couldnt be more grateful that such an accomplished and distinct group of individuals have chosen to join us as we embark on this remarkable journey to change the future of transportation for generations to come.. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas director of strategic growth markets from 2006 to 2011. Giovanni Dell Orto was appointed as a Director in February 2011. From July 2017 to December 2020, Ms. Pinelli led Ernst & Young LLPs (EY) Consumer Products and Retail sector based in the U.S. Southeast. 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. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. Mr. Spellacy received his B.S. 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"). Archer Aviation Inc. today announced the appointment of Barbara Pilarski to its Board of Directors. Many actual events and circumstances are beyond the control of Atlas Crest and Archer. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. in Finance and Strategy from USCs Marshall School of Business and an MBA from Pepperdine University. She holds an M.S. In the past year, Archer has achieved its stated milestones and continued to build out its leading engineering, design and certification teams putting the company in a strategic position for winning, said Oscar Munoz, a member of Archers Board of Directors and Former Chairman and CEO of United Airlines. James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . 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. Important Information for Investors and Shareholders. 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. 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. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. Mr. Spellacy is also the Chief Executive Officer and a director of Atlas Crest Investment Corp. II and Atlas Crest Investment Corp. V. Mr. Spellacy has extensive experience in technology, data and analytics, capital markets and private equity and has worked as an investor, investment banker and consultant. 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. in Commerce from McMaster University and is a qualified public accountant in the United Kingdom and Canada. Atlas Crest and Archer anticipate that subsequent events and developments will cause Atlas Crests and Archers assessments to change. 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 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. Adcock, who co-founded the California-based start-up with Goldstein in 2018, will remain on the company's board of directors. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. Mr. Goldstein is Archers founder and serves as our CEO. Mr. James OShaughnessy has served as Director and Chairman of the Audit Committee since September 2018. In connection with the proposed business combination between Archer and Atlas Crest, Atlas Crest has filed the Registration Statement, including a proxy statement/prospectus. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. To attract such diversity of skills from established industries is a huge win for Archer and were excited to work with these world-class business and strategic minds to shape our route to market, added Adam Goldstein, co-founder and co-CEO of Archer. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. For this position we are targeting a base pay between $228,000 - $285,000. Mr. Diazs extensive experience in operations management, sales, and marketing in the automotive transportation industry bring significant value as Archer prepares to scale customer operations ahead of the expected launch of commercial operations in 2024. 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 holds a B.S. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Mr. Diaz has served as a member of our board of directors since September 2021. 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. - 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. We believe that Ms. Pilarskis experience in management and business development in the automotive industry qualify her to serve on our board. He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. 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. Archer Aviation, Inc. (NYSE:ACHR) is one of a number of ventures worldwide that is vying to be a leader in the Urban Air Mobility . Statement of Changes in Beneficial Ownership. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. C. 205 - Form 8-K, Archer Aviation Inc. : Other Events, Financial Statements and Exhibits (form 8-K), Transcript : Archer Aviation Inc. Presents at 28th Annual Vail Summit, Feb-27-2023 07:00 AM. Renewable Energies and Carbon Capture & Storage, Conveyance and mechanical / slickline services, Human rights, Anti-Corruption and Business Ethics. Most recently, Mr. Spellacy was a Senior Managing Director at Accenture plc (Accenture) and Global Industry Leader of Accenture Capital Markets while overseeing Accentures Asset Management, Wealth Management and Investment and Trading businesses. 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. 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.
archer aviation board of directors