Business
Solid Power Appoints Former AT&T Senior Executive Vice President and CFO John Stephens to Board of Directors
Stephens adds public company and financial expertise ahead of anticipated SPAC business combination LOUISVILLE, Colo., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Solid
About this update from Solid Power, Inc.
[{"type":"text","content":"Stephens adds public company and financial expertise ahead of anticipated SPAC business combination\nLOUISVILLE, Colo., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Solid Power, Inc., an industry-leading developer of all-solid-state battery cells for electric vehicles, which is in the process of combining with Decarbonization Plus Acquisition Corporation III (\"DCRC\") (NASDAQ: DCRC), today announced the appointment of John Stephens to its board of directors. Mr. Stephens is also expected to be nominated to serve on the board of directors of the combined company following completion of the proposed business combination with DCRC and is expected to serve as chairman of the audit committee. “We welcome John to the current Solid Power board and are pleased that he has agreed to serve both now and following the completion of our pending business combination with DCRC,” said Doug Campbell, Co-Founder and Chief Executive Officer of Solid Power. “We believe John’s executive management experience in the oversight of a large, publicly traded company, as well as his extensive experience with financial and accounting matters, corporate transactions and international business and affairs will enable him to provide valuable perspectives on the operational, financial and strategic matters that lie ahead of us.” John Stephens joins Solid Power as CFO Mr. Stephens brings important experience that will assist the company as it prepares for its next chapter of growth Mr. Stephens brings to the Solid Power board more than 35 years of accounting and finance expertise, including experience in matters of financial planning, corporate development, accounting and accounting policy, tax, auditing, treasury, investor relations, corporate real estate, business planning, and financial, operational and regulatory reporting. Prior to his March 2021 retirement, Mr. Stephens served as Senior Executive Vice President and Chief Financial Officer of AT&T, Inc., having previously served in a series of successive positions in AT&T’s finance department. Prior to his tenure at AT&T, Mr. Stephens held a variety of roles in public accounting. He is also a member of the board of directors of Freeport-McMoRan Inc., where he serves as chairman of the audit committee. “I’m very excited to be joining the Solid Power board during such a critical moment in the company’s journey,” said M...