Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. "I want to thank the Board for giving me the leadership opportunity to capitalize on our core strategic advantages that will make urban air mobility an everyday reality here in the U.S, said Adam Goldstein. 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. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. 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). These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. Munoz, a seasoned aviation executive, served as CEO of United Airlines from 2015 to 2020 and, prior to this, served on the board of United Airlines' parent company United Continental Holdings. I am fully committed to the success of Archer, said Brett Adcock. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. We believe that Ms. Diazs decades of senior level international business experience, coupled with her public corporate board and advisory board director experiences with Primis Financial, Section, Intel, Dell, Equinix and many others in the private sector and in government, will add significantly to Archers roadmap towards their full commercializing of eVTOL aircraft. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Adam Goldstein Founder & CEO Adam Goldstein is Archer's founder and has served as Chief Executive Officer of Archer and a member of the Archer board of directors since October 2018. PALO ALTO, CA., August 4, 2021 - Archer Aviation Inc. (Archer), a leading Urban Air Mobility company and developer of all-electric vertical take-off and landing (eVTOL) aircraft, and Atlas Crest Investment Corp. (Atlas Crest) (NYSE: ACIC) today announced Deborah Diaz, Maria Pinelli, and Fred Diaz as nominees for the post-closing board of directors. She holds an M.S. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Former Chairman and CEO of United Airlines. Mr. Klepsland is a Director of Seatankers Management Norway AS. in International Business from Colorado State University and B.S. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. 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. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 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"). 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. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. 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. Sharpe was appointed as a Director in November 2019. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. All aspects of employment are decided on the basis . He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. 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. 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. Archer. Contacts: For Joby Aviation. As one of the most well-capitalized eVTOL companies with a team of world-class engineering and design talent, Archer is strategically positioned to bring urban air mobility to market. Mr. Goldstein holds a B.S. 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. 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.. Under Adams leadership, this management structure will continue to drive the success of the Company.. 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. 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. 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. He has experience within equity/debt financing, M&A and restructuring. 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. Munozs experience in management and finance in the airline industry qualify him to serve on our board. Renewable Energies and Carbon Capture & Storage, Conveyance and mechanical / slickline services, Human rights, Anti-Corruption and Business Ethics. 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. 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 . 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. Board of Directors; Committee Composition; Governance Documents; Leadership Team; Resources. We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer's board of directors. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. 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. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. 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. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. From January 2007 to November 2009, Ms. Diaz served as Deputy Chief Information Officer for the United States Patent and Trademark Office (USPTO). 03/03/2023. Mr. Spellacy received his B.S. 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 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. Stockholders are able to obtain copies of such documents, without charge at the SEC's web site atwww.sec.gov. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Giovanni Dell Orto was appointed as a Director in February 2011. 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. 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. 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.
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