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REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments
TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider
About this update from Ree Automotive Ltd.
[{"type":"text","content":"TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group (“Motherson”), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE’s North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh’s extensive automotive background, including his current leadership role at Motherson and previously with Honda Cars India, will bolster REE’s production strategy amid rising demand for electric trucks. “Rajesh’s experience is a strong asset as we expand our production capabilities,” said REE Chairman, Carlton Rose. “Joining the board of REE represents a significant opportunity to further support the rapid transformation of the electric vehicle industry,” said Rajesh Goel, President and Head of Special Projects at Motherson. “Fleets need EVs as soon as possible and Motherson’s collaboration with REE will ensure that REE’s best-in-class technology is at the forefront of this shift. I look forward to contributing to REE's mission and leveraging our joint capabilities to meet the evolving needs of fleets across North America and beyond.” Hai Aviv, previously REE’s CFO from 2018-2022, returns to steer financial operations, bringing over 18 years of experience in CFO leadership at public companies with strong background in software and data focusing on the U.S. market. CEO Daniel Barel expressed confidence in Mr. Aviv’s leadership, highlighting his pivotal role in REE’s financial growth and public listing. Daniel thanked Yaron Zaltsman for his contribution to REE and wished him best of luck in his next endeavor. “I’m excited to return to REE at this transformative time, as REE is well positioned to build on its momentum,” said Mr. Aviv. “Together, we achieved major milestones, and I look forward to continuing the momentum and creating strong shareholder value as we navigate the next phase of our growth.” To learn more about REE Automotive’s patented technology and unique value proposition that position the company to break new ground ...