Business
Archer Announces Experienced and Skilled Board Nominees Ahead of Merger with Atlas Crest Investment Corp.
Archer rounds out nominations to the combined company’s board of directors with diverse and seasoned talent from the aviation, automotive, technology, and
About this update from American Coastal Insurance Corporation
[{"type":"text","content":"Archer rounds out nominations to the combined company’s board of directors with diverse and seasoned talent from the aviation, automotive, technology, and finance & consulting sectorsNominations 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 AmericaLatest 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 directorsBoard appointments are set to bolster Archer’s position as a strategic leader in the eVTOL space PALO ALTO, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- 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 directors. These nominations will add three additional diverse and seasoned executives to the combined company’s board from the aviation, automotive, technology, and finance & consulting sectors. These nominees will become directors of the combined company following the completion of the proposed business combination of Archer with Atlas Crest. Commenting on the appointments, Brett Adcock, co-founder and co-CEO of Archer, said, “We couldn’t be more grateful that such an accomplished and distinct group of individuals have chosen to join us as we embark on this remarkable journey to change the future of transportation for generations to come.” “To attract such diversity of skills from established industries is a huge win for Archer and we’re excited to work with these world-class business and strategic minds to shape our route to market,” added Adam Goldstein, co-founder and co-CEO of Archer. Deborah Diaz 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 NASA’s global system infrastructure, risk management, financial and regulatory stewardship, innovation and technology infusion. 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, deve...