archer aviation 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. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. 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. 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 . Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member. 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. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. 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. 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. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. 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. 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 January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. Mr. Goldstein is Archers founder and serves as our CEO. 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. 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. Mr. OShaughnessy received a Bachelor of Commerce degree from University College, Cork, Ireland in 1985 and is both a Fellow of the Institute of Chartered Accountants of Ireland and an Associate Member of the Chartered Insurance Institute of the UK. Copyright 2023 Surperformance. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. Mr. Diaz holds a B.S. Under Adams leadership, this management structure will continue to drive the success of the Company.. Archer Aviation Inc. Announces Resignation of Brett Adcock as Director UAL's former CEO serves on the Archer board of directors. Mr. Munoz has served as a member of our board of directors since September 2021. Mr. Spellacy has served as a member of our board of directors since September 2021. Mr. Diaz currently serves as a director of Site One Landscapes (formerly John Deere Landscapes), a publicly traded company. 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. 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. We believe that Mr. Munozs experience in management and finance in the airline industry qualify him to serve on our board. 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. Data may be intentionally delayed pursuant to supplier requirements. However, they . Archers mission is to advance the benefits of sustainable air mobility. Stockholders are able to obtain copies of such documents, without charge at the SEC's web site atwww.sec.gov. 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. If the Merger does not occur during a period of time determined by the Board of Directors of Archer (the "Archer Board") in its . 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. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. Atlas Crest priced its $500 million initial public offering on October 27, 2020. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. We believe that our aim to create competitive return to our shareholders is best accomplished through operating with the highest ethical requirements and employing stringent corporate governance. 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. These nominees will become directors of the combined company following the completion of the proposed business combination of Archer with Atlas Crest. 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. Scott Levine (Archer Aviation): Followers of Cathie Wood pay close attention when one of the Ark Invest funds purchases a given stock. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. Archer, A Leading Urban Air Mobility Company, To List On 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. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. 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"). Ms. Pilarski has served as a member of our board of directors since January 2022. During this period, she was also EYs Global IPO Leader consulting to clients preparing for the pre and post journey. 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. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Archer Aviation - Archer, A Leading Urban Air Mobility Company, To List Archer Aviation : Appoints Barbara Pilarski, Global Head of Business Archer Aviation Announces Leadership Transition; Appoints Adam Mr. James OShaughnessy has served as Director and Chairman of the Audit Committee since September 2018. Ms. Pinelli holds a B.Com. 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. Statement of Changes in Beneficial Ownership. 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. Investor Updates; Unsubscribe; Form 4. Ms. Diaz served as National Aeronautics and Space Administrations (NASA) Chief Technology Officer and Deputy Chief Information Officer from November 2009 to October 2016, where she was responsible for NASAs global system infrastructure, technology pilots, and risk management. 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. 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. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). 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. 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. Subscribe to get the latest from Archer . Mr.OShaughnessy is an Irish, British and Bermudan citizen, residing in Bermuda. Head of Total Rewards Job in San Jose, CA - Archer Aviation In this role, Ms. Pinelli led a team of over 5,000 professionals serving high growth private, public and private-equity backed businesses. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. Prior to Vettery, Adam spent 10 years in various leadership positions across several investment firms. Corporate Governance :: Joby Aviation, Inc. (JOBY) We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. In fact, former United CEO Oscar Munoz serves on Archer's board of directors. 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. Prior to co-founding Archer, Mr. Goldstein also co-founded and led software company Vettery before it was acquired by The Adecco Group. 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. 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. 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. Currently the Global Head of Business Development at Stellantis N.V., Pilarski is a seasoned leader with. Mr. Diaz has served as a member of our board of directors since September 2021. Contacts:For MediaLouise Bristowlouise.bristow@archer.comFor Investorsinvestors@archer.com, April 18, 2022 | Archer Aviation Announces Leadership Transition; Appoints Adam Goldstein Sole CEO. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. Archer Aviation: Preparing For Flight And So Should You - SeekingAlpha Mr. Goldstein holds a B.S. 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. Archer Aviation - Corporate Governance - Board of Directors - Person Prior to her employment at FCA, Ms. Pilarski served in various business development and finance positions within Chrysler LLC, DaimlerChrysler Corporation, and Chrysler Corporation since September 1985. 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. 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. Archer Announces Experienced and Skilled Board Nominees Ahead of Merger 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. 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.. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. All rights reserved. Giovanni Dell Orto was appointed as a Director in February 2011. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. Fundamental company data and analyst estimates provided by FactSet. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. 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. All aspects of employment are decided on the basis . 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. 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.

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