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All rights reserved. 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. He Served as Executive Vice President of Shell for over 10 years, with responsibility for managing Shell upstream investments in well construction and maintenance globally. UAL's former CEO serves on the Archer board of directors. 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. Mr. Spellacy received his B.S. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. press@jobyaviation.com. 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. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. Mr. Klepsland is a Director of Seatankers Management Norway AS. Source: FactSet. In connection with the proposed business combination between Archer and Atlas Crest, Atlas Crest has filed the Registration Statement, including a proxy statement/prospectus. Mr. Munoz has served as a member of our board of directors since September 2021. 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. Mr. Spellacy has served as a member of our board of directors since September 2021. Investors: investors@jobyaviation.com +1-831-201-6006. 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. 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. Prior to joining the Archer Limiteds board of directors, Mr OShaughnessy served as Executive Vice President, Chief Accounting Officer and Corporate Controller of Axis Capital Holdings Limited since March, 2012. He is the CEO and Representative Director of Woven Planet Holdings, and a Member of the Board of Directors and Operating Officer of Toyota Motor Corporation (Toyota). Atlas Crest priced its $500 million initial public offering on October 27, 2020. Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. in Business Administration from Stonehill College. Fundamental company data and analyst estimates provided by FactSet. 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. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. In fact, former United CEO Oscar Munoz serves on Archer's 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. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. International stock quotes are delayed as per exchange requirements. 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. Mr. Diaz has served as a member of our board of directors since September 2021. All rights reserved. Mr. Munoz holds a B.A. He holds a MSc in Finance from Norwegian School of Economics (NHH). 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. 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. Ms. Pilarski currently serves as Global Head of Business Development at Stellantis N.V. (Stellantis), a position she has occupied since March 2021. Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member of Board of Directors brings extensive experience negotiating and. in Economics from the London School of Economics and MBA from the University of Hartford. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Jan Erik Klepsland, has served as Director in Archer since October 2021. He holds a MSc in Finance from Norwegian School of Economics (NHH). Before joining Uniteds executive team, Mr. Munoz served in several roles at CSX Corporation from May 2003 to September 2015, including President, COO, CFO, and Executive Vice President. The airline has said it envisions using zero-emission air taxis to ferry passengers on short flights over gridlocked . 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's team is based in Palo Alto, CA. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. Archer Aviation Inc. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi.. Archer to Participate in Upcoming Investor Conferences. Mr. Diaz currently serves as a director of Site One Landscapes (formerly John Deere Landscapes), a publicly traded company. For Reinvent Technology Partners. Stockholders are able to obtain copies of such documents, without charge at the SEC's web site atwww.sec.gov. From January 2001 to April 2003, Mr. Munoz served as CFO of Consumer Services at AT&T. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018 and is. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Giovanni Dell Orto was appointed as a Director in February 2011. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. These nominations will add three additional diverse and seasoned executives to the combined . April 21, 2022 Adam Goldstein this week took sole command of eVTOL aircraft developer Archer Aviation after Brett Adcock stepped down as co-CEO. Under Adams leadership, this management structure will continue to drive the success of the Company.. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. Source: Kantar Media. 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. Ms. Pilarski has served as a member of our board of directors since January 2022. 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 is Archers founder and serves as our CEO. in Commerce from McMaster University and is a qualified public accountant in the United Kingdom and Canada. 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. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Oscar Munoz Former Chairman and CEO of United Airlines Mr. Munoz has served as a member of our board of directors since September 2021. Copyright 2023. Subscribe to get the latest from Archer . Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Before joining Uniteds executive team, Mr. Munoz served in several roles at CSX Corporation from May 2003 to September 2015, including President, COO, CFO, and Executive Vice President. Jan Erik Klepsland, has served as Director in Archer since October 2021. With a stellar career in the aviation | 11 comments on LinkedIn in International Business from Colorado State University and B.S. 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. 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. Investor Updates; Unsubscribe; Form 4. PDF Format Download (opens in new window) . in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. 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. 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, Inc. (NYSE:ACHR) is one of a number of ventures worldwide that is vying to be a leader in the Urban Air Mobility . 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). 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. James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . 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. 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. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas director of strategic growth markets from 2006 to 2011. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. Ms. Pinelli holds a B.Com. Archer. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our 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). 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. 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"). 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. Investors: ir@reinventtechnologypartners . 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. Contacts: For Joby Aviation. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. If the Merger does not occur during a period of time determined by the Board of Directors of Archer (the "Archer Board") in its . Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. 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. Mr. Sharpe received a Bachelor of Science degree from the University of Hull in 1980. Mr. Spellacy began his role at Accenture in 2017. The fully electric aircraft, designed to be 100x quieter than a helicopter, will travel distances of up to 60 miles at 150 mph. Mr. Klepsland is a Norwegian citizen and resides in Oslo, Norway. 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. Mr. Goldstein holds a B.S. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Renewable Energies and Carbon Capture & Storage, Conveyance and mechanical / slickline services, Human rights, Anti-Corruption and Business Ethics. 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 joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. 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. Munoz has served as a member of our board of directors since September 2021. Information concerning the interests of Archers 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. Archer's corporate governance ensures compliance with all relevant laws and regulations that affect our activity throughout all regions in which we conduct business and operate. For Investorsinvestors@flyarcher.comFor MediaLouise BristowArcherC: 818 398 8091louise.bristow@archer.comarcher@launchsquad.com, Andrea HurstMoelis & CompanyC: 347 583 9705andrea.hurst@moelis.com. 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. 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 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. 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. Diaz is National Association of Corporate Directors Directorship and Directors Academy Board Director certified. 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. 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. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. 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. 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.. All aspects of employment are decided on the basis . Previously Mr. Spellacy held senior roles at PricewaterhouseCoopers, Broadhaven Capital, Bridgewater Associates and Boston Consulting Group. As CEO and VC Advisor of Catalyst ADV, Ms. Diaz manages a strategic growth advisory firm specializing in business transformation, innovative technologies, advanced manufacturing and strategic partnerships since December 2016. Atlas Crest and Archer anticipate that subsequent events and developments will cause Atlas Crests and Archers assessments to change. We believe that Mr. Munozs experience in management and finance in the airline industry qualify him to serve on our board. 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 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. 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. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Before joining Uniteds executive team, Mr. Munoz served in several roles at CSX Corporation from 2003 to 2015, including President, COO, and CFO. in Business Administration and Management with a Minor in Psychology from Texas Lutheran University and an M.B.A. from Central Michigan University. 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. Prior to such role, Mr. Diaz served as General Manager in Charge of Performance Optimization Global Marketing and Sales of Mitsubishi Motors Corporation in Japan, from July 2017 to April 2018. These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. Delayed Nyse Mr. Spellacy received his B.S. Currently the Global Head of Business Development at Stellantis N.V., Pilarski is a seasoned leader with. 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 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Archers mission is to advance the benefits of sustainable air mobility. Archer Aviation Inc. announced on May 9, 2022, the Board of Directors received a letter from Brett Adcock resigning as a director of the Company, effective immediately. In addition, forward-looking statements reflect Atlas Crests and Archers expectations, plans or forecasts of future events and views as of the date of this press release. 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. Mr. Goldstein serves as a member of the board of directors of the Museum of American Finance.

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