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. Ms. Diaz has served as a member of our board of directors and Audit Committee and as the Chair of the Nomination and Governance Committee 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. PDF Format Download (opens in new window) . 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. 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. Information concerning the interests of Archers 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. 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.. 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. The airline has said it envisions using zero-emission air taxis to ferry passengers on short flights over gridlocked . Mr. Klepsland is a Director of Seatankers Management Norway AS. Statement of Changes in Beneficial Ownership. He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. Prior to this role, Ms. Pinelli was a Global Vice Chair of EY from 2011 to 2017 and led EYs Global Strategic Growth Business unit with a focus on serving entrepreneurs and private and public companies poised for exponential growth. 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. Mr. Sharpe was appointed as a Director in November 2019. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. 03/03/2023. James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . Ms. Pinelli has served as a member of our board of directors since September 2021. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. We believe that Ms. Diazs broad experience working with innovative technologies, leadership in multiple high-risk market evolutions in both the private sector and in government qualify her to serve on our board of directors. The nomination of Oscar Munoz to the post-closing board of directors was announced last week. Ms. Pilarski has served as a member of our board of directors since January 2022. All rights reserved. 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. Brett Adcock, Archers co-founder and former co-CEO, will remain on the Companys Board of Directors. 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. Previously, Ms. Diaz also held executive leadership roles at the United States Patent and Trademark Office and the U.S. Department of Homeland Security. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Mr. Spellacy received his B.S. Mr. Munoz also served in various leadership roles for The Coca-Cola Company from June 1986 to June 1997 and for PepsiCo from June 1982 to June 1986. 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. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. Adam Goldstein is Archers founder and has served as Chief Executive Officer of Archer and a member of the Archer board of directors since October 2018. 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. 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. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. Mr. Spellacy has served as a member of our board of directors since September 2021. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. 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. Contacts:For MediaLouise Bristowlouise.bristow@archer.comFor Investorsinvestors@archer.com, April 18, 2022 | Archer Aviation Announces Leadership Transition; Appoints Adam Goldstein Sole CEO. In fact, former United CEO Oscar Munoz serves on Archer's board of directors. 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. 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. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. 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. Mr. Sharpe received a Bachelor of Science degree from the University of Hull in 1980. 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. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. 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. 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 . 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 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. 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. 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. Munozs experience in management and finance in the airline industry qualify him to serve on our board. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. Source: FactSet. 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. 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. 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. Shares of Archer Aviation can soar in 2023. Stockholders are able to obtain copies of such documents, without charge at the SEC's web site atwww.sec.gov. Scott Levine (Archer Aviation): Followers of Cathie Wood pay close attention when one of the Ark Invest funds purchases a given stock. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. 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. | February 21, 2023 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 serves as a member of the board of directors of the Museum of American Finance. He became chairman of the board in . 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. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. To learn more, visit www.archer.com. 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. Mr. Spellacy received his B.S. Investor Updates; Unsubscribe; Form 4. Ms. Diaz currently serves on the board of directors of Section IO and on the advisory board of directors of Equinix and Intel Corporation. Source: Kantar Media. 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. 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 leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. 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 . April 21, 2022 Adam Goldstein this week took sole command of eVTOL aircraft developer Archer Aviation after Brett Adcock stepped down as co-CEO. Previously Mr. Spellacy held senior roles at PricewaterhouseCoopers, Broadhaven Capital, Bridgewater Associates and Boston Consulting Group. Ms. Diaz formerly served on the board of directors of Dell Technologies GAB, Forcepoint EAB, Battle Resource Management, Inc. (BRMi), Intelvative, Inc., and eKuber Ventures. Copyright 2023 Surperformance. in Economics from the London School of Economics and MBA from the University of Hartford. 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. 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. (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 . Archer Aviation Inc. today announced the appointment of Barbara Pilarski to its Board of Directors. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. 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. 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 served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. During his tenure, United earned recognition for innovation and customer service, earning trust with employees and leading the industry toward a sustainable aviation future. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Fred Diaz Former President and CEO of Mitsubishi Motors North America Mr. Diaz has served as a member of our board of directors since September 2021. Investors: ir@reinventtechnologypartners . 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. 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. 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. Mr. James OShaughnessy has served as Director and Chairman of the Audit Committee since September 2018. 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 . in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. 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. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Adam Goldstein Archer Co-Founder & CEO Mr. Goldstein is Archer's co-founder and serves as our CEO. 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 leading this global business of EY, Ms. Pinelli was EYs Americas director of strategic growth markets from 2006 to 2011. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. From April 2013 to July 2017, Mr. Diaz served in a number of executive roles for Nissan Motor Corporation, including Division Vice President & General Managerof North American Trucks and Light Commercial Vehicles and Sr. Vice President Sales & Marketing and Operations. 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. Mr. Dell Orto is an Argentinean and Italian citizen and resides in Switzerland. 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. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Mr. Goldstein holds a B.S. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Mr. Spellacy was appointed Atlas Crest Investment Corp.s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. 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. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Ms. Diaz brings decades of experience with industry and international organizations overseeing large operational staffs and budget, ESG implementation, and global business joint ventures. 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). Giovanni Dell Orto was appointed as a Director in February 2011. 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 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. These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. 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. The Company took this step, which it believes Wednesday, Aug. 7 East Noble school board meets at 6 p.m. in the school corporation office building, 126 W. Rush St. Kendallville A 05/10/2022 | 06:01am EST. She holds an M.S. Mr. Mr. Goldstein holds a B.S. Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. 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. 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. 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 the Chief Executive Officer of Strategic Growth Advisors, LLC since December 2020. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board.
