We are targeting routes of between 20-60 miles. 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. Prior to leading this global business of EY, Ms. Pinelli was EYs Americas Director of Strategic Growth Markets from 2006 to 2011. 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. Mr. Goldstein holds a B.S. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. James Kuffner joined Joby Aviation's board of directors in 2021. Ms. Diaz currently serves on the board of directors of Section IO and on the advisory board of directors of Equinix and Intel Corporation. Mr. Diaz has served as a member of our board of directors since September 2021. in Business Administration from Stonehill College. Archer Aviation Inc. today announced the appointment of Barbara Pilarski to its Board of Directors. Mr. Spellacy received his B.S. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. 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. 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. 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. 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 . 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 Giovanni Dell Orto was appointed as a Director in February 2011. With a stellar career in the aviation | 11 comments on LinkedIn 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. 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. Certain statements made in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. 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. 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. 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. 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. Copyright 2023. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. We believe that Mr. Munozs experience in management and finance in the airline industry qualify him to serve on our board. Investors: ir@reinventtechnologypartners . Mr. Goldstein holds a B.S. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. Archer's team is based in Palo Alto, CA. 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. Diaz currently serves as a director of Site One Landscapes (formerly John Deere Landscapes), a publicly traded company. 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. During his tenure, United earned recognition for innovation and customer service, earning trust with employees and leading the industry toward a sustainable aviation future. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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. Spellacy began his role at Accenture in 2017. 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. 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. During this period, she was also EYs Global IPO Leader consulting to clients preparing for the pre and post journey. Archer Appoints Barbara Pilarski, Global Head of Business Development at Stellantis, to Board of Directors Newest member. Renewable Energies and Carbon Capture & Storage, Conveyance and mechanical / slickline services, Human rights, Anti-Corruption and Business Ethics. Ms. Pinelli has served as a member of our board of directors since September 2021. 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 . UAL's former CEO serves on the Archer board of directors. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. From April 2013 to July 2017, Mr. Diaz served in a number of executive roles for Nissan Motor Corporation, including Division Vice President & General Managerof North American Trucks and Light Commercial Vehicles and Sr. Vice President Sales & Marketing and Operations. All rights reserved. The fully electric aircraft, designed to be 100x quieter than a helicopter, will travel distances of up to 60 miles at 150 mph. Mr. Diaz served as President, CEO and Chairman of the Board of Mitsubishi Motors North America from April 2018 to April 2020. Mr. Munoz holds a B.A. Mr. Spellacy received his B.S. In fact, former United CEO Oscar Munoz serves on Archer's board of directors. Mr. Dell Orto has also served as chairman and chief executive officer of Saipem and was a board member of Agip and Snam. 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). 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. Mr. Munoz served as Chairman and CEO of United Airlines from September 2015 to May 2021. Mr. OShaughnessy earned a Masters Degree in Accounting from University College Dublin in 1986. Archer Aviation Inc. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi.. Archer to Participate in Upcoming Investor Conferences. Mr. Goldstein is Archers founder and serves as our CEO. 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. Prior to Vettery, Adam spent 10 years in various leadership positions across several investment firms. Mr. Klepsland is a Director of Seatankers Management Norway AS. 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. in Business Administration from the University of Florida and an M.B.A. from NYU Stern School of Business. in Finance and Strategy from USCs Marshall School of Business and an MBA from Pepperdine University. 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. Board of Directors; Committee Composition; Governance Documents; Leadership Team; Resources. Mr. Munoz has served as a member of our board of directors since September 2021. 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. For Reinvent Technology Partners. Fundamental company data and analyst estimates provided by FactSet. For Investorsinvestors@flyarcher.comFor MediaLouise BristowArcherC: 818 398 8091louise.bristow@archer.comarcher@launchsquad.com, Andrea HurstMoelis & CompanyC: 347 583 9705andrea.hurst@moelis.com. 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. 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. in Economics from the London School of Economics and MBA from the University of Hartford. 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. Data may be intentionally delayed pursuant to supplier requirements. Additionally, Atlas Crest has filed other relevant materials with the SEC in connection with the proposed business combination. 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. 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. Archer Aviation - Corporate Governance - Board of Directors - Person Details Person Details Adam Goldstein Founder & CEO Adam Goldstein is Archer's founder and has served as Chief Executive Officer of Archer and a member of the Archer board of directors since October 2018. 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 Mr. Spellacys deep investing and management experience qualify him to serve on our board. 03/03/2023. 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. 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. Spellacy was appointed Atlas Crest Investment Corp.s Chief Executive Officer on October 2, 2020, and a director on October 14, 2020. Mr. Spellacy has served as a member of our board of directors since September 2021. From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. International stock quotes are delayed as per exchange requirements. Prior to joining Seatankers, he held the position as Partner at ABG Sundal Collier and Director in Nordea. Mr. Spellacy has served as a member of our board of directors since September 2021. Prior to founding Archer, Mr. Goldstein founded and led Vettery from November 2012 to December 2019. Over the last four years at Archer, the team has worked tirelessly to become a leader in the eVTOL industry. Neither RTP nor Joby Aviation gives any assurance that either RTP or Joby Aviation or the combined company will achieve its expectations. He holds a MSc in Finance from Norwegian School of Economics (NHH). The nomination of Oscar Munoz to the post-closing board of directors was announced last week. These nominations will add three additional diverse and seasoned executives to the combined . Mr. Sharpe was appointed as a Director in November 2019. 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. We believe that Mr. Diazs experience in management, sales, and marketing in the automotive industry qualify him to serve on our board. There may be additional risks that neither Atlas Crest nor Archer presently know or that Atlas Crest and Archer currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. These nominations will add three additional diverse and seasoned executives to the combined companys board from the aviation, automotive, technology, and finance & consulting sectors. Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. 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. Many actual events and circumstances are beyond the control of Atlas Crest and Archer. 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. 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. 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. Mr. Diaz holds a B.S. Wednesday, Aug. 7 East Noble school board meets at 6 p.m. in the school corporation office building, 126 W. Rush St. Kendallville A Before Vettery, Mr. Goldstein served as Co-Managing Partner of Minetta Lane Capital Partners from March 2011 to August 2012. 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. Pinelli holds a B.Com. Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. 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. I am fully committed to the success of Archer, said Brett Adcock. Mr. Munoz also currently serves on the board of trustees of the University of Southern California and The Brookings Institution. 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. Delayed Nyse Ms. Pilarski currently serves as Global Head of Business Development at Stellantis N.V. (Stellantis), a position she has occupied since March 2021. Upon closing of the proposed business combination, these nominees are expected to be joined by Brett Adcock, Adam Goldstein and Michael Spellacy, CEO of Atlas Crest, on the board of directors of the combined company. 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. 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. Media: Mojgan Khalili. 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 . 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 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. 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. Munoz, a seasoned aviation executive, served as CEO of United Airlines from 2015 to 2020 and, prior to this, served on the board of United Airlines' parent company United Continental Holdings. -, Archer Aviation : VERIFIED PETITION FOR RELIEF UNDER 8 DEL. Scott Levine (Archer Aviation): Followers of Cathie Wood pay close attention when one of the Ark Invest funds purchases a given stock. 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. 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. He has also held senior leadership roles at AT&T, U.S. West and The Coca-Cola Company and PepsiCo. We believe that Mr. Spellacys deep investing and management experience qualify him to serve on our board. 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"). Brett Adcock, Archer's co-founder and former co-CEO, will remain on the Company's Board of Directors. "I want to thank the Board for giving me the leadership opportunity to capitalize on our core strategic advantages that will make urban air mobility an everyday reality here in the U.S, said Adam Goldstein. Former President and CEO of Mitsubishi Motors North America, Site One Landscape Supply Inc. (f/k/a as John Deere Landscapes LLC). Adcock, who co-founded the California-based start-up with Goldstein in 2018, will remain on the company's board of directors. 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. James is best known as a co-inventor of the Rapidly-exploring Random Tree (RRT) algorithm, which has become a . From September 2021 to April 2022, Mr. Goldstein served as our Co-CEO and Co-Chairperson of our board of directors. 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. Archer Aviation Inc. announced the appointment of Barbara Pilarski to its Board of Directors. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Investor Updates; Unsubscribe; Form 4. 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. 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. 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. Archers goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. 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. Contacts: For Joby Aviation. Mr. Diaz has served as a member of our board of directors since September 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. 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. He was named president in February 2014, and in January 2015 became the ninth chief executive in ADM's 112-year history. We believe that Mr. Munozs experience in management and finance in the airline industry qualify him to serve on our board. 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.