The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release. 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. 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. Ms. Pilarski has a B.S. 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. Mr. Diaz has served as a member of our board of directors since September 2021. These nominations will add three additional diverse and seasoned executives to the combined companys board from the aviation, automotive, technology, and finance & consulting sectors. James Kuffner joined Joby Aviation's board of directors in 2021. Atlas Crest priced its $500 million initial public offering on October 27, 2020. Archer Aviation Inc. announced the appointment of Barbara Pilarski to its Board of Directors. PALO ALTO, Calif., April 18, 2022 -- ( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR) today announced that Adam Goldstein has been named sole CEO, as the company prepares for its next phase. 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.. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. 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. CEO and VC Advisor of Catalyst ADV; Former CTO and Deputy CIO of NASA, Former President and CEO of Mitsubishi Motors North America, Former Chairman and CEO of United Airlines, Stellantis Global Head of Business Development, CEO of Strategic Growth Advisors; Former head of Ernst & Young LLP's Consumer Products and Retail sector, Site One Landscape Supply Inc. (f/k/a as John Deere Landscapes LLC). 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. Mr.OShaughnessy is an Irish, British and Bermudan citizen, residing in Bermuda. 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. April 21, 2022 Adam Goldstein this week took sole command of eVTOL aircraft developer Archer Aviation after Brett Adcock stepped down as co-CEO. Atlas Crest Investment Corp. (NYSE: ACIC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses and is sponsored by an affiliate of Moelis & Company, a leading global financial advisor to corporate executives, boards, entrepreneurs, financial sponsors and governments. Previously, Ms. Diaz also held executive leadership roles at the United States Patent and Trademark Office and the U.S. Department of Homeland Security. The Company took this step, which it believes 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. 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. Archer's team is based in Palo Alto, CA. . We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer's board of directors. 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. 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. Goldstein is Archers founder and serves as our CEO. For Investorsinvestors@flyarcher.comFor MediaLouise BristowArcherC: 818 398 8091louise.bristow@archer.comarcher@launchsquad.com, Andrea HurstMoelis & CompanyC: 347 583 9705andrea.hurst@moelis.com. Since leaving NASA in 2016, she has served as CEO and VC Advisor of Catalyst ADV, a strategic growth advisory firm specializing in large-scale business transformation, developing new business markets and strategic partnerships. 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. He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. These forward-looking statements include, but are not limited to, statements regarding future events, the proposed business combination between Atlas Crest and Archer, the estimated or anticipated future results and benefits of the combined company following the proposed business combination, including the likelihood and ability of the parties to successfully consummate the proposed business combination, future opportunities for the combined company, and other statements that are not historical facts. in Business Administration from Stonehill College. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. 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. We believe that Mr. Munozs experience in management and finance in the airline industry qualify him to serve on our board. Important Information for Investors and Shareholders. 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. Data may be intentionally delayed pursuant to supplier requirements. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. 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. 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. Spellacy was appointed Atlas Crest Investment Corp.'s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. Previously Mr. Spellacy held senior roles at PricewaterhouseCoopers, Broadhaven Capital, Bridgewater Associates and Boston Consulting Group. I am fully committed to the success of Archer, said Brett Adcock. 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. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. To learn more, visit www.archer.com. 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. 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. 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. Ms. Pinelli has served as a member of our board of directors since September 2021. Mr. Goldstein holds a B.S. 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. 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. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. 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.. In connection with the proposed business combination between Archer and Atlas Crest, Atlas Crest has filed the Registration Statement, including a proxy statement/prospectus. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. 05/10/2022 | 06:01am EST. Under Adams leadership, this management structure will continue to drive the success of the Company.. International stock quotes are delayed as per exchange requirements. Mr. Spellacy began his role at Accenture in 2017. Prior to co-founding Archer, Mr. Goldstein also co-founded and led software company Vettery before it was acquired by The Adecco Group. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. Investors: ir@reinventtechnologypartners . From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. 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. We believe that Ms. Pilarskis experience in management and business development in the automotive industry qualify her to serve on our board. 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. in Economics from the London School of Economics and MBA from the University of Hartford. 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. 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. He is a nonexecutive member of the board of directors of Gas Plus, an Italian company listed on the Milan Stock Exchange. Mr. Klepsland is a Director of Seatankers Management Norway AS. 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. 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. Ms. Diaz is National Association of Corporate Directors Directorship and Directors Academy Board Director certified. Archer's team is based in Palo Alto, CA. Ms. Pilarski currently serves as Global Head of Business Development at Stellantis N.V. (Stellantis), a position she has occupied since March 2021. Source: FactSet. 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. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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. Mr. Diaz holds a B.S. Jan Erik Klepsland, has served as Director in Archer since October 2021. He has experience within equity/debt financing, M&A and restructuring. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). All aspects of employment are decided on the basis . Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 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 . Wednesday, Aug. 7 East Noble school board meets at 6 p.m. in the school corporation office building, 126 W. Rush St. Kendallville A 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. James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . Fred Diaz served as President & CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. "We couldn' t be happier that Barbara, with her multifaceted experience, has chosen to join . Mr. Goldstein holds a B.S. In this role, Ms. Pinelli led a team of over 5,000 professionals serving high growth private, public and private-equity backed businesses. 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. in International Business from Colorado State University and B.S. Delayed Nyse Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. Archer Aviation - Corporate Governance - Board of Directors Board of Directors Adam Goldstein Archer Founder & CEO Mr. Goldstein is Archer's founder and serves as our CEO. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. (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 . Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. 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. 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 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"). Mr. Spellacy received his B.S. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. Giovanni Dell Orto was appointed as a Director in February 2011. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. Archers mission is to advance the benefits of sustainable air mobility. Investor Updates; Unsubscribe; Form 4. Mr. Munoz holds a B.A. Archer expects and [] Contacts:For MediaLouise Bristowlouise.bristow@archer.comFor Investorsinvestors@archer.com, April 18, 2022 | Archer Aviation Announces Leadership Transition; Appoints Adam Goldstein Sole CEO. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. During his tenure, United earned recognition for innovation and customer service, earning trust with employees and leading the industry toward a sustainable aviation future. Many actual events and circumstances are beyond the control of Atlas Crest and Archer. Subscribe to get the latest from Archer . 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. 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. He became chairman of the board in . 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. Mr. Spellacy has served as a member of our board of directors since September 2021. 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. 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. For Reinvent Technology Partners. Media: Mojgan Khalili. 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 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 . 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. Archers mission is to advance the benefits of sustainable air mobility. Mr. Dell Orto is an Argentinean and Italian citizen and resides in Switzerland. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. in Economics from the London School of Economics and MBA from the University of Hartford. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. Prior to Vettery, Adam spent 10 years in various leadership positions across several investment firms. These nominations will add three additional diverse and seasoned executives to the combined . Mr. Goldstein is Archers founder and serves as our CEO. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). 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. 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. 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. Currently the Global Head of Business Development at Stellantis N.V., Pilarski is a seasoned leader with. Former Chairman and CEO of United Airlines. 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.

Rafter And Purlin Spacing For Metal Roof, Articles A