The company expects to complete the first Maker test flights in the. Prior to joining the Archer Limiteds board of directors, Mr OShaughnessy served as Executive Vice President, Chief Accounting Officer and Corporate Controller of Axis Capital Holdings Limited since March, 2012. 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). He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. in Economics from the London School of Economics and MBA from the University of Hartford. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Mr. Diaz has served as a member of our board of directors since September 2021. Mr. Diaz holds a B.S. Fundamental company data and analyst estimates provided by FactSet. 05/10/2022 | 06:01am EST. 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.. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. All rights reserved. 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. Mr. Spellacy received his B.S. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. in Business Administration from Wayne State University and an M.B.A. from the University of Michigan. in International Business from Colorado State University and 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. 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. "We couldn' t be happier that Barbara, with her multifaceted experience, has chosen to join . 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. Ms. Pilarski has a B.S. These nominations will add three additional diverse and seasoned executives to the combined . 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. From January 2007 to November 2009, Ms. Diaz served as Deputy Chief Information Officer for the United States Patent and Trademark Office (USPTO). 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. For Reinvent Technology Partners. These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. 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. Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. Mr. Diaz has served as a member of our board of directors since September 2021. "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. 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. Statement of Changes in Beneficial Ownership. However, they . Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. The management team is led by Ken Moelis, Chairman, and Michael Spellacy, Chief Executive Officer, both of whom have had careers centered around identifying, evaluating and implementing organic and inorganic transformational growth and value creation initiatives across a broad range of industries. Former Chairman and CEO of United Airlines. Mr. Dell Orto has also served as chairman and chief executive officer of Saipem and was a board member of Agip and Snam. 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. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. Ms. Diaz brings decades of experience with industry and international organizations overseeing large operational staffs and budget, ESG implementation, and global business joint ventures. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas director of strategic growth markets from 2006 to 2011. 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Investors: investors@jobyaviation.com +1-831-201-6006. 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. 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. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. 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. He became chairman of the board in . Deborah Diaz served as the CTO and deputy CIO of the National Aeronautics and Space Administration (NASA) from 2009 to 2016, where she was responsible for NASAs global system infrastructure, risk management, financial and regulatory stewardship, innovation and technology infusion. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. These nominees will become directors of the combined company following the completion of the proposed business combination of Archer with Atlas Crest. We believe that Ms. Pilarskis experience in management and business development in the automotive industry qualify her to serve on our board. 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. 03/03/2023. 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. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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 served as Chairman and CEO of United Airlines from September 2015 to May 2021. Neither RTP nor Joby Aviation gives any assurance that either RTP or Joby Aviation or the combined company will achieve its expectations. He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. Atlas Crest, its sponsor and their respective directors, officers and employees may be deemed participants in the solicitation of proxies of Atlas Crests stockholders in connection with the proposed business combination. 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. 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. 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. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. 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. 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. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. Ms. Pinelli holds a B.Com. Mr. Spellacy has served as a member of our board of directors since September 2021. James Kuffner joined Joby Aviation's board of directors in 2021. He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. 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. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. Important Information for Investors and Shareholders. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. Change value during other periods is calculated as the difference between the last trade and the most recent settle. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. In fact, former United CEO Oscar Munoz serves on Archer's board of directors. 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. 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. -, Archer Aviation : VERIFIED PETITION FOR RELIEF UNDER 8 DEL. 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 . 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. 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. 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. Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. 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. 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. Archer Aviation Inc. announced the appointment of Barbara Pilarski to its Board of Directors. Archer Aviation Inc. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi.. Archer to Participate in Upcoming Investor Conferences. Mr. Dell Orto is an Argentinean and Italian citizen and resides in Switzerland. - 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. Many actual events and circumstances are beyond the control of Atlas Crest and Archer.
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