For Reinvent Technology Partners. 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. -, Archer Aviation : VERIFIED PETITION FOR RELIEF UNDER 8 DEL. 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. press@jobyaviation.com. Ms. Diaz brings decades of experience with industry and international organizations overseeing large operational staffs and budget, ESG implementation, and global business joint ventures. 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's team is based in Palo Alto, CA. 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. 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. 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. He became chairman of the board in . Contacts:For MediaLouise Bristowlouise.bristow@archer.comFor Investorsinvestors@archer.com, April 18, 2022 | Archer Aviation Announces Leadership Transition; Appoints Adam Goldstein Sole CEO. From October 2002 to January 2007, Ms. Diaz was the Senior Technical Advisor to create the U.S. Department of Homeland Security and also the Chief Information Officer for Science and Technology. Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. 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 Archer. (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 . Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. Mr. Goldstein holds a B.S. Mr. Dell Orto has also served as chairman and chief executive officer of Saipem and was a board member of Agip and Snam. 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. Mr. Goldstein holds a B.S. 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. 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. Brett Adcock, Archers co-founder and former co-CEO, will remain on the Companys Board of Directors. He holds a MSc in Finance from Norwegian School of Economics (NHH). 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 . UAL's former CEO serves on the Archer board of directors. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. Subscribe to get the latest from Archer . Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Stockholders are able to obtain copies of such documents, without charge at the SEC's web site atwww.sec.gov. 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. 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. Former Chairman and CEO of United Airlines. Mr. Spellacy was appointed Atlas Crest Investment Corp.s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. 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. 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 served as Chairman and CEO of United Airlines from September 2015 to May 2021. Mr. Goldstein holds a B.S. 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. Statement of Changes in Beneficial Ownership. Mr. Diaz 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. 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. Ms. Pinelli 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. Mr. 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. Investors: investors@jobyaviation.com +1-831-201-6006. Fundamental company data and analyst estimates provided by FactSet. 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 . 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. 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. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. Mr. Sharpe was appointed as a Director in November 2019. 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. Before joining Uniteds executive team, Mr. Munoz served in several roles at CSX Corporation from 2003 to 2015, including President, COO, and CFO. Contacts: For Joby Aviation. 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"). 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. today announced the appointment of Barbara Pilarski to its Board of Directors. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. 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. Mr.OShaughnessy is an Irish, British and Bermudan citizen, residing in Bermuda. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. All aspects of employment are decided on the basis . Jan Erik Klepsland, has served as Director in Archer since October 2021. 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. We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer's board of directors. 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. Ms. Pinelli has served as the Chief Executive Officer of Strategic Growth Advisors, LLC since December 2020. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. 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). From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. 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. Delayed Nyse Atlas Crest priced its $500 million initial public offering on October 27, 2020. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. 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. 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. 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. 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. Diaz is National Association of Corporate Directors Directorship and Directors Academy Board Director certified. All rights reserved. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Mr. Sharpe received a Bachelor of Science degree from the University of Hull in 1980. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Data may be intentionally delayed pursuant to supplier requirements. Prior to joining Stellantis, Ms. Pilarski was employed at FCA US LLC (FCA) since 2009, having served as Head of Business Development for the North America region from March 2019 to February 2021, Head of Human Resources for the North America region from September 2017 to March 2019, and Head of Business Development for the North America region from June 2009 to September 2017. 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. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. 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. Klepsland is a Director of Seatankers Management Norway AS. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. 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. Atlas Crest and Archer anticipate that subsequent events and developments will cause Atlas Crests and Archers assessments to change. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. in Business Administration from Wayne State University and an M.B.A. from the University of Michigan. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. Mr. Dell Orto was president and chief executive officer of DLS Drilling, Logistics and Services from 1994 to August 2006; since then he remains member of the board of DLS. - 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. 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. 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. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. These nominees will become directors of the combined company following the completion of the proposed business combination of Archer with Atlas Crest. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. 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. All rights reserved. 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. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi.. Archer to Participate in Upcoming Investor Conferences. 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. Ms. Diaz is also a licensed single engine pilot. The Company took this step, which it believes will help simplify its operating structure, to drive its flight testing and certification program on its path to commercialization. Prior to Vettery, Adam spent 10 years in various leadership positions across several investment firms. In this role, Ms. Pinelli led a team of over 5,000 professionals serving high growth private, public and private-equity backed 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. in Economics from the London School of Economics and MBA from the University of Hartford. 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. Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. in International Business from Colorado State University and B.S. Shares of Archer Aviation can soar in 2023. During this period, she was also EYs Global IPO Leader consulting to clients preparing for the pre and post journey. Mr. Dell Orto is an Argentinean and Italian citizen and resides in Switzerland. 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. We believe that Ms. Pilarskis experience in management and business development in the automotive industry qualify her to serve on our board. 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. The fully electric aircraft, designed to be 100x quieter than a helicopter, will travel distances of up to 60 miles at 150 mph. Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member. 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. Mr. Spellacy began his role at Accenture in 2017. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. 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. | February 21, 2023 He also served as a member of the board of directors of United Continental Holdings, Inc. from October 2010 to June 2021. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. . Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. 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. 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. 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. Prior to co-founding Archer, Mr. Goldstein also co-founded and led software company Vettery before it was acquired by The Adecco Group. 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. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. I also want to thank Brett for his partnership and many contributions to Archer along the way.. 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 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. Diaz has served as a member of our board of directors since September 2021. Jan Erik Klepsland, has served as Director in Archer since October 2021. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. 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. These nominations will add three additional diverse and seasoned executives to the combined . 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. 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. Investor Updates; Unsubscribe; Form 4. 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. She holds an M.S. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. 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. 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.
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