05/10/2022 | 06:01am EST. Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. Mr. Spellacy began his role at Accenture in 2017. Mr. James OShaughnessy has served as Director and Chairman of the Audit Committee since September 2018. 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. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018 and is. He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. Prior to Broadhaven, Mr. Spellacy was a Senior Executive, Management Committee Advisor at Bridgewater Associates, a widely recognized asset manager from 2009 to 2013. Archer Aviation Inc. today announced the appointment of Barbara Pilarski to its Board of Directors. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Deborah Diaz served as the CTO and deputy CIO of the National Aeronautics and Space Administration (NASA) from 2009 to 2016, where she was responsible for NASAs global system infrastructure, risk management, financial and regulatory stewardship, innovation and technology infusion. He has experience within equity/debt financing, M&A and restructuring. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. -, Archer Aviation : VERIFIED PETITION FOR RELIEF UNDER 8 DEL. Investor Updates; Unsubscribe; Form 4. 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. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. UAL's former CEO serves on the Archer board of directors. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. 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. 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. James Kuffner joined Joby Aviation's board of directors in 2021. 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. 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. 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. 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. All rights reserved. Mr. Goldstein holds a B.S. 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. Copyright 2023. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. These nominations will add three additional diverse and seasoned executives to the combined companys board from the aviation, automotive, technology, and finance & consulting sectors. 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. 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. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. Archer expects and [] James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . Brett Adcock, Archers co-founder and former co-CEO, will remain on the Companys Board of Directors. 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. 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. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. in Economics from the London School of Economics and MBA from the University of Hartford. 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. 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 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. Atlas Crest and Archer anticipate that subsequent events and developments will cause Atlas Crests and Archers assessments to change. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). The Company took this step, which it believes We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. With a stellar career in the aviation | 11 comments on LinkedIn All rights reserved. Statement of Changes in Beneficial Ownership. 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. During this period, she was also EYs Global IPO Leader consulting to clients preparing for the pre and post journey. Former Chairman and CEO of United Airlines. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. press@jobyaviation.com. Ms. Pinelli has served as a member of our board of directors since September 2021. Previously, Ms. Diaz also held executive leadership roles at the United States Patent and Trademark Office and the U.S. Department of Homeland Security. Ms. Pinelli holds a B.Com. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. In connection with the proposed business combination between Archer and Atlas Crest, Atlas Crest has filed the Registration Statement, including a proxy statement/prospectus. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Mr. Klepsland is a Director of Seatankers Management Norway AS. Jan Erik Klepsland, has served as Director in Archer since October 2021. 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 Business Administration from Stonehill College. Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. Delayed Nyse 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. Ms. Diaz brings decades of experience with industry and international organizations overseeing large operational staffs and budget, ESG implementation, and global business joint ventures. For this position we are targeting a base pay between $228,000 - $285,000. For Investorsinvestors@flyarcher.comFor MediaLouise BristowArcherC: 818 398 8091louise.bristow@archer.comarcher@launchsquad.com, Andrea HurstMoelis & CompanyC: 347 583 9705andrea.hurst@moelis.com. 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. Mr. Munoz holds a B.A. 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. All aspects of employment are decided on the basis . 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. If the Merger does not occur during a period of time determined by the Board of Directors of Archer (the "Archer Board") in its . All rights reserved. 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. 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. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. From January 2007 to November 2009, Ms. Diaz served as Deputy Chief Information Officer for the United States Patent and Trademark Office (USPTO). 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. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. 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. PDF Format Download (opens in new window) . 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. These nominations will add three additional diverse and seasoned executives to the combined . 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 . Atlas Crest priced its $500 million initial public offering on October 27, 2020. The airline has said it envisions using zero-emission air taxis to ferry passengers on short flights over gridlocked . Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. He holds a MSc in Finance from Norwegian School of Economics (NHH). Prior to co-founding Archer, Mr. Goldstein also co-founded and led software company Vettery before it was acquired by The Adecco Group. 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 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. 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.
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