August 10, 2022

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Leadership adjustments at Lordstown Motors Corp. | Information, Sports, Work

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LORDSTOWN — With the sale of its auto assembly factory and change away from production towards engineering and establishing electric cars, Lordstown Motors Corp. has adjusted its senior management composition.

President Edward Hightower will turn out to be CEO, effective straight away, succeeding Daniel A. Ninivaggi, who will changeover to govt board chairman, a role in which he will aim on company tactic, partnerships and boosting funds.

Hightower, built president in November, also will proceed to serve as CEO of MIH EV Style and design LLC, a joint enterprise with Taiwanese tech huge Foxconn to co-establish electric-car or truck plans on Foxconn’s MIH (mobility in harmony) system.

Foxconn acquired the manufacturing facility for $230 million in Could.

“With more than 30 decades of automotive working experience and having created substantial contributions to the Stamina launch preparation and Foxconn transactions, Edward is the ideal human being to direct the firm and launch our product improvement attempts with Foxconn,” said Ninivaggi.

Ninivaggi joined Lordstown Motors in August adhering to a brief tenure with interim CEO Angela Strand just after founder and CEO Steve Burns abruptly resigned amid problem above the company’s lengthy-phrase viability and concerns encompassing the get ebook for the Stamina.

The other senior leadership moves are:

∫ Donna Bell, a previous executive with Ford with virtually 30 several years in automotive produce enhancement and technology innovation management, has been appointed govt vice president, solution creation, engineering and offer chain, also effective promptly.

∫ Andrew Reyntjes, who has 30 yrs in the vehicle and commercial fleet business, was designed senior vice president, profits, provider and promoting, effective June 29.

∫ Jill Coniglio-Kirk was appointed vice president of persons and lifestyle, efficient June 20. She has extra than 20 several years in automotive human methods roles and developing out early-stage corporations.

∫ Jane Ritson-Parsons will be transitioning out of her function as chief commercial officer, which she has loaded given that November and will grow to be an advisor to Lordstown Motors.

“As the Stamina receives nearer to production and we pick associates for our 1st joint venture vehicle, our commercial system will also be essential. Andrew will accelerate the advancement of our industrial fleet partnerships,” Ninivaggi ongoing. “Finally, we are in an business with emerging technologies and the will need for continuous innovation. Jill will be a essential member of our senior management crew, with a particular concentration on recruiting and building the most effective EV engineering expertise.”

Stated Hightower, “We now have a focused management workforce with huge encounter in creating, launching and commercializing cars. I’ve just returned from two weeks in Taiwan meeting with Foxconn and discovering our joint product or service progress opportunities. I search ahead to strengthening our partnership and confirming our to start with auto system around the up coming quite a few months.

The 3rd quarter continues to be the concentrate on to launch manufacturing of Lordstown Motors’ flagship car or truck, the Stamina pickup truck with 500 start off and up to 2,500 through 2023.

Hightower claimed in June early enhancement on new Lordstown Motors cars experienced now begun, but did not share much more info.

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