Archer Aviation Announces Leadership Transition; Appoints Adam Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. ARCHER AVIATION INC. : Change in Directors or Principal Officers (form These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. 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. We believe that Ms. Pilarskis experience in management and business development in the automotive industry qualify her to serve on our board. 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. Munoz has served as a member of our board of directors since September 2021. 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. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Archers 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. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. All rights reserved. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. 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. Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. Mr. Goldstein holds a B.S. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. 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. 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. 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. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. 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. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. Many actual events and circumstances are beyond the control of Atlas Crest and Archer. 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. Investors: investors@jobyaviation.com +1-831-201-6006. Prior to co-founding Archer, Mr. Goldstein also co-founded and led software company Vettery before it was acquired by The Adecco Group. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. in Economics from the London School of Economics and MBA from the University of Hartford. Mr. Goldstein holds a B.S. Archer Appoints Barbara Pilarski to Board of Directors He is a member of the board of Energy Developments and Investments Corporation (EDIC), a company with substantial investments in the oil and gas activities in South America. Archers mission is to advance the benefits of sustainable air mobility. Mr. Klepsland is a Director of Seatankers Management Norway AS. 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. Contacts: For Joby Aviation. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Prior to that Mr. OShaughnessy has amongst other served as Chief Financial Officer of Flagstone Reinsurance Holdings and as Chief Accounting Officer and Senior Vice President of Scottish Re Group Ltd., and Chief Financial Officer of XL Re Ltd. at XL Group plc. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. Source: FactSet. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. 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. She holds an M.S. 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. Adcock, who co-founded the California-based start-up with Goldstein in 2018, will remain on the company's board of directors. 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. Munoz currently serves on the board of directors of Univision Communications Inc. as well as an independent trustee on Fidelity Investments Equity & High-Income Fund. "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. Mr. Spellacy has extensive experience in technology, data and analytics, capital markets and private equity and most recently, was the Global Industry Leader of Accenture Capital Markets while overseeing Accentures Asset Management, Wealth Management and Investment and Trading businesses. 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. 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. Mr. Dell Orto is an Argentinean and Italian citizen and resides in Switzerland. He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. . Mr. Spellacy was appointed Atlas Crest Investment Corp.'s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. SEC.gov | HOME 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. Ms. Diaz brings decades of experience with industry and international organizations overseeing large operational staffs and budget, ESG implementation, and global business joint ventures. Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. 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. April 21, 2022 Adam Goldstein this week took sole command of eVTOL aircraft developer Archer Aviation after Brett Adcock stepped down as co-CEO. 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 - Corporate Governance - Board of Directors - Person 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. 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. Mr. Goldstein is Archers founder and serves as our CEO. During this period, she was also EYs Global IPO Leader consulting to clients preparing for the pre and post journey. If any of these risks materialize or if assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. He served as chairman of Sirius Well Manufacturing Pte, an independent joint venture between Shell and China National Petroleum Corporation from 2012 to 2017, as a non-executive director of Xtreme Drilling and Coil Services Corporation from 2008 to 2014 and as a Director of Seadrill Ltd from 2018 to 2020. For Reinvent Technology Partners. Previously Mr. Spellacy held senior roles at PricewaterhouseCoopers, Broadhaven Capital, Bridgewater Associates and Boston Consulting Group. (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 . James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Ms. Diaz currently serves on the board of directors of Section IO and on the advisory board of directors of Equinix and Intel Corporation. To learn more, visit www.archer.com. Mr. Klepsland is a Director of Seatankers Management Norway AS. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. in Business Administration from Wayne State University and an M.B.A. from the University of Michigan. 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. Mr. Spellacy was appointed Atlas Crest Investment Corp.s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. 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. press@jobyaviation.com. 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. Mr. Diaz has served as a member of our board of directors since September 2021. We are targeting routes of between 20-60 miles. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. He holds a MSc in Finance from Norwegian School of Economics (NHH). - 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. Giovanni Dell Orto was appointed as a Director in February 2011. Scott Levine (Archer Aviation): Followers of Cathie Wood pay close attention when one of the Ark Invest funds purchases a given stock. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. 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. 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. Board of Directors; Committee Composition; Governance Documents; Leadership Team; Resources. Mr. Spellacy received his B.S. Archer Aviation: Preparing For Flight And So Should You - SeekingAlpha 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. 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. Archer and Atlas Crest Announce Strategic Reset of - Business Wire 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. 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. Ms. Pilarski has a B.S. in Commerce from McMaster University and is a qualified public accountant in the United Kingdom and Canada. 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. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. 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. For this position we are targeting a base pay between $228,000 - $285,000. 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. James Kuffner joined Joby Aviation's board of directors in 2021. 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 We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer'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. Archer Co-Founder Brett Adcock Steps Down As eVTOL - FutureFlight Mr.OShaughnessy is an Irish, British and Bermudan citizen, residing in Bermuda. Subscribe to get the latest from Archer . 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.
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