archer aviation board of directors
Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. "We couldn' t be happier that Barbara, with her multifaceted experience, has chosen to join . Mr. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. 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. 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. Before that, Mr. Munoz served as SVP of Finance and Administration at U.S. West from July 1997 to December 2000. Archer Aviation Inc. announced the appointment of Barbara Pilarski to its Board of Directors. 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. 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. 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. 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. Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. We're delighted to welcome Oscar Munoz, former United Airlines Chairman and CEO, to Archer's board of directors. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. 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. Mr. Diazs extensive experience in operations management, sales, and marketing in the automotive transportation industry bring significant value as Archer prepares to scale customer operations ahead of the expected launch of commercial operations in 2024. Copyright 2023 Surperformance. Atlas Crest priced its $500 million initial public offering on October 27, 2020. 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 holds a B.S. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. 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). Jan Erik Klepsland, has served as Director in Archer since October 2021. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. in Economics from the London School of Economics and MBA from the University of Hartford. Mr. Dell Orto is an Argentinean and Italian citizen and resides in Switzerland. With a stellar career in the aviation | 11 comments on LinkedIn 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. 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. Archer's team is based in Palo Alto, CA. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. 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. Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. 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. Mr. Goldstein is Archers founder and serves as our CEO. From July 2017 to December 2020, Ms. Pinelli led Ernst & Young LLPs (EY) Consumer Products and Retail sector based in the U.S. Southeast. Mr. James OShaughnessy has served as Director and Chairman of the Audit Committee since September 2018. Mr. Spellacy received his B.S. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). 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. 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.
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