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. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. 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. He has experience within equity/debt financing, M&A and restructuring. 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. 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.. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. 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. Mr. Goldstein is Archers founder and serves as our CEO. Ms. Diaz currently serves on the board of directors of Section IO and on the advisory board of directors of Equinix and Intel Corporation. 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. Previously Mr. Spellacy held senior roles at PricewaterhouseCoopers, Broadhaven Capital, Bridgewater Associates and Boston Consulting Group. -, Archer Aviation : VERIFIED PETITION FOR RELIEF UNDER 8 DEL. All aspects of employment are decided on the basis . You will then receive an email asking you to validate your email address (click the link in that email to complete the process). 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. Delayed Nyse Mr. Munoz has served as a member of our board of directors since September 2021. 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 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. Archers mission is to advance the benefits of sustainable air mobility. 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. Ms. Pinelli holds a B.Com. 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. 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. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. Ms. Pinelli has served as the Chief Executive Officer of Strategic Growth Advisors, LLC since December 2020. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas director of strategic growth markets from 2006 to 2011. in Economics from the London School of Economics and MBA from the University of Hartford. Data may be intentionally delayed pursuant to supplier requirements. 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 are provided 'as is' for informational purposes only and are not intended for trading purposes. Accordingly, undue reliance should not be placed upon the forward-looking statements. 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. 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. He became chairman of the board in . 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. Dell Orto has also served as chairman and chief executive officer of Saipem and was a board member of Agip and Snam. 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. In fact, former United CEO Oscar Munoz serves on Archer's board of directors. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). Ms. Pilarski has served as a member of our board of directors since January 2022. 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. These nominees will become directors of the combined company following the completion of the proposed business combination of Archer with Atlas Crest. 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. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . Ms. Diaz has served as a member of our board of directors and Audit Committee and as the Chair of the Nomination and Governance Committee since September 2021. 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. Brett Adcock, Archers co-founder and former co-CEO, will remain on the Companys Board of Directors. in Business Administration from Wayne State University and an M.B.A. from the University of Michigan. We believe that Mr. Goldsteins deep experience in the industry and co-founding Archer qualify him to serve on our board. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Mr. Spellacy was appointed Atlas Crest Investment Corp.s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. 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. Important Information for Investors and Shareholders. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. 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. Goldstein serves as a member of the board of directors of the Museum of American Finance. You will then receive an email asking you to validate your email address (click the link in that email to complete the process). 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. 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. in Business Administration from Stonehill College. 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. 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 . in International Business from Colorado State University and B.S. Archer is creating the worlds first electric airline that moves people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. (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. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. 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.