Responsibilities. Management Team; Contacts; FAQ; Investor Relations. His extensive reach across American industry includes positions at Motorsports Aftermarket Group, Matlin & Partners Acquisition Corporation (now known as U.S. Well Services, Inc.), MatlinPatterson Global Advisers LLC, Gleacher and Company (f/k/a Broadpoint Capital, Inc.), Imperial Capital LLC, Parallel Investment Partners LP (formerly part of Saunders, Karp and Megrue), Jefferies and Company, Inc., Conway, Del Genio, Gries & Co., Palmetto Bluff Company, LLC, FXI Holdings Inc., Advantix Systems Ltd., and Advantix Systems, Inc. Arthur joined the board on March 15, 2021. JUSTIN, Texas, Jan. 26, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today named Ken Manget, Chief Financial Officer. Canoo brings together curious and driven minds from across automotive, high tech, design and many other cutting-edge industries. My Original Bullish Thesis for SPAC Canoo Is Gone There's a risk with a SPAC coming public. A diplomat, humanitarian, and marketer, she has spent 25 years creating growth and successful movements for global organizations including the World Economic Forum, UNICEF; the United Nations Commissioner for Refugees (UNHCR), and the Global Fund to fight AIDS, Tuberculosis and Malaria. Canoo was founded in late 2017 when former BMW executive Stefan Krause left then-struggling EV startup Faraday Future. Hector has served as General Counsel and Corporate Secretary since April 2021 and as Vice President, Global Strategy, Tax Counsel & Treasury from January 2021 to April 2021. 19951 Mariner Avenue Torrance, CA 90503, Kunal Bhalla Senior Vice President, Corporate Development & Capital Markets IR@canoo.com, Continental Stock Transfer & Trust Company 1 State Street 30th Floor New York, NY 10004 T: 212-509-4000 cstmail@continentalstock.com continentalstock.com. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans the full lifecycle of the vehicle. She has raised financial support for public and private partnerships worth more than $1b bringing innovative solutions to the world's most pressing challenges. Reporting directly to Canoo Chairman and CEO, Tony Aquila, Manget will be responsible for Capital Markets, Investor Relations, Accounting & Financial Reporting. Financials. Contact Email info@canoo.com. Claudia joined the board on March 15, 2021. In April 2021, in the midst of maturing pains as a public company and the increased market scrutiny of SPAC businesses, particularly in the EV space, Tony accepted the CEO position, based on his deep belief in the design and engineering team, to accelerate the transformation of the business to set it apart from the herd. We have developed breakthrough electric vehicles that are reinventing the automotive landscape with pioneering technologies, award-winning designs, and a unique business model that spans all owners in the full lifecycle of the vehicle. Josette joined the board on December 21, 2020 and became President of Canoo Inc. Inc. on July 26, 2021. Since February 2021 she has served as the Executive Chair of the McCain Institute for International Leadership. This was followed by his participation in the PIPE. She is an international leader, decorated diplomat, humanitarian and has led negotiations on trade, intellectual property, supply chains, technology, labor and the environment across the world. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. . Resources. Dean Harlow joined Canoo as Executive Vice President, Operations, with an initial focus on manufacturing, purchasing and program and portfolio management. Investor, Executive Chairman & Chief Executive Officer. This was followed by his participation in the PIPE. 6. Under Tonys leadership the business grew to more than 700 engineers across five locations. Canoo is headed by industry leaders: Tony Aquila, Executive Chairman & CEO - previously CEO/Founder, Solera Holdings . Highlight your management team's expertise. Torrance, CA. financial industry experience on the buy and sell side, including running a multi-billion global equity investment strategy at the Ontario Teachers Pension Plan, and having originated and closed several billion of equity, debt and structured finance transactions while at BMO Capital Markets. Forward-looking statements may be identified by the use of words such as estimate, plan, project, forecast, intend, will, expect, anticipate, believe, seek, target or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Kunal began serving in his current role in September 2021 after joining Canoo Inc. in November 2020 as Chief of Staff and Senior Vice President of Corporate Development. Its stock is down 85% year to date after the company nearly went out of business. "We are pleased to appoint Ken to Canoo's executive management team," Canoo Chairman and CEO Tony Aquila said in a news release. Under his leadership as Founder, Chairman and CEO, the company went public through a $1 billion initial public offering in 2007 and private again in 2016, at a valuation of $6.5 billion. Looking for a particular Canoo employee's phone or email? Market Data powered by QuoteMedia. Canoos chief lawyer left at the same time as Kranz, too, though he wasnt a co-founder. Canoo's platform, if the battery configuration and the whole approach works, is part of a strategy that includes a skateboard platform with different "top hats" that will allow the company to. Advisor To the Chief Financial Officer and the Audit Committee of the Board, Vice President, Vehicle Hardware Engineering, Global Vice President, Commercial & Fleet Sales, Business Development, Industry Relations, Global Vice President, Corporate Legal, Securities & Strategy, Senior Vice President, Corporate Development, Cloud & DevOps Manager, Software Engineering. 337927). Canoo's mission is to bring EVs to Everyone. Previously, Josette served as Vice Chair of the World Economic Forum; UN Special Envoy, leading a successful effort to end a cholera epidemic in Haiti; Executive Director of the United Nations World Food Program; United States Under Secretary for Economic, Energy and Agricultural Affairs under President George W. Bush; Deputy U.S. Trade Representative and Ambassador covering Asia, Africa, labor, environment, intellectual property, and trade capacity building. Since then, Aquila has reoriented the startup towards making commercial electric vehicles mean to be sold to small businesses and fleets. Three of the original founding group remain. Sohel Merchant, who joined the company in 2017 as one of its founders, has been promoted to Chief Technology Officer, Automotive. Canoo brings together curious and driven minds from across automotive, high tech, design and many other cutting-edge industries. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans the full lifecycle of the vehicle. He shifted Canoos headquarters from Torrance, California, to Bentonville, Arkansas, and announced a manufacturing facility in the startups new home state (after announcing another one in Oklahoma). He and his team are committed to their mission to bring EVs to everyone. View the latest financials. In preparations for the SPAC merger, Tony was asked to join the board and, effective with the completion of the merger and de-SPAC with Hennessy Capital Acquisition Corp. IV in December 2020, became its Chairman. Later he was part of the team that engineered the Tesla Model S and Model X. The management shakeup at Canoo Inc. continues, as Vice President of Manufacturing Frank Faga and Vice President of Investor Relations Kamal Hamid have recently left the company, Business Insiderreports. Looking for a particular Canoo employee's phone or email? Phone Number +41 61 228 9444. Carey Mendes. Specialty electric vehicle (EV) start-up Canoo ( GOEV 7.33%) has had a difficult year. Sign up for a free account. Boost your online presence and work efficiency with our lead management software, targeted local advertising and website services. Canoo, a startup looking to compete with Tesla, Rivian, and Lucid, has rapidly changed leaders. Senior Vice President, Finance and Chief Accounting Officer. Existing CEO and co-founder Ulrich Kranz is resigning and so is Canoo's. In 2019, based on his proven track record of 70+ transactions with $15bn+ in aggregate value and an industry leading return profile, Tony founded AFV Partners LLC, a long-term sustainable capital vehicle that invests globally in assets that contribute to a net positive impact on the environment. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering. Eventually, Canoo plans to build out its own facilities in Oklahoma and Arkansas, though they are far from completion, and the company is in dire need of ongoing capital, as it has made. Sign up to stay informed and receive updates directly to your inbox. Key executives taking on expanded responsibilities include: President Josette Sheeran, who joined the company earlier this year and has been leading government affairs and sustainability, will oversee on an interim basis, sales, marketing, and communications. His investments in Canoo were based on his assessment of the companys competitive advantage: its industry unique focus on proprietary engineering and technology. He serves as Executive Chairman of Canoo I, Senior VP of Finance & Chief Accounting Officer, Senior Vice President of Corporate Development & Capital Markets. Showcase your business, get hired and get . A management team is a collection of top managers who set the strategy and run the operations of an organization together with its top leader. Solera is an automotive technology company, that Tony founded with GTCR as his capital partner. With offices around the country, the company is scaling quickly and seeking candidates who love to challenge themselves, are motivated by purpose, and possess a strong desire to get things done . Sponsors and funders may have a different vision than existing management. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering. Internship. Reporting directly to Canoo Chairman and CEO, Tony Aquila, Manget will be responsible for Capital Markets, Investor Relations, Accounting & Financial Reporting. She currently serves as a director of CSW Industrials (NASDAQ: CSWI) as well as on the boards of several prominent financial and charitable organizations in the Dallas Metropolitan area and across the U.S. As I have . He has held senior technology management positions for more than two decades at such companies as Salesforce.com, Motorola Solutions and PepsiCo. Significantly growing the total addressable market by executing over 50 acquisitions during his tenure, it employed 7,000 people in more than 90 countries. Canoo's mission is to bring EVs to Everyone. Tony Aquila is an American businessman, investor, serial entrepreneur, and inventor associated with 100+ patents in the automotive, aeronautics and cybersecurity sectors. Get contact details including emails and phone numbers Canoo has . As we now move to the go-to-market phase, he will focus his attention on his SVP and Chief Accounting Officer duties.". Tony Aquila is an American businessman, investor, serial entrepreneur, and inventor associated with 100+ patents in the automotive, aeronautics and cybersecurity sectors. Canoo was founded in late 2017 when former BMW executive Stefan Krause left then-struggling EV startup Faraday Future. FIRST NAME LAST NAME "We have worked together for many years, starting at Ontario Teachers' Pension Plan including as a consultant to AFV Partners." Canoo said Manget, 61, has years of financial industry experience on the buy and sell . Canoo has teams in California Texas, Michigan, Oklahoma and Arkansas. Accordingly, undue reliance should not be placed upon the forward-looking statements. Canoo's 9.7:1 gear reduction . Canoo's management pulled most of the strategy and is deemphasizing its engineering and subscription offerings, which accounted for ~$2.5bn in projected revenues until 2026. Greg joined the board on December 21, 2020, and previously served as President, Chief Operating Officer and a director of Hennessy Capital Acquisition Corp. IV. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Canoos management and are not predictions of actual performance. Thomas joined the board on December 21, 2020. million verified professionals across 35 million companies. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. But there have been some . For Canoo press materials, including photos, please visit press.canoo.com. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. (business & personal). Distinguished by its experienced team from leading technology and . Lorem ipsum dolor sit amet consectetur adipisicing elit. Careers Get updates on products, news and events. The investments are expected to bring at least 700 additional high paying jobs to the state. These descriptions are based on the Canoo management team's discussions with such counterparties and the latest available information and estimates as of the date of this presentation. Chief Legal Officer. The two others are some of Canoos remaining co-founders, according two current employees who spoke to The Verge on the condition of anonymity, though they werent named in the press release: Bill Strickland, the head of Canoos vehicle programs and a longtime Ford executive, and Alexi Charbonneau, who worked at both SpaceX and Tesla and oversaw Canoos powertrain division. No credit card required. Transfer Agent. Reporting directly to Canoo. Richard Kim, Canoos chief designer, is now also going to be in charge of creative content and, on an interim basis, merchandising. Chief Financial Officer. Market Data copyright 2023 QuoteMedia. Its chief financial officer Paul Balciunas resigned in April. 1.5yrs Average management tenure CEO Tony Aquila (57 yo) 1.83yrs Tenure US$44,613,958 Compensation The information in this press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. She also served as the President and CEO of the Asia Society, a global non-profit focused on policy, sustainability, conflict resolution, culture, and education and as a fellow at Harvard Universitys Belfer Center. For investors, please visit investors.canoo.com. Learn about Canoo Inc. (9XK) stock's management team. Management Team :: Canoo Inc. (GOEV) Management Team Tony Aquila Investor, Executive Chairman & Chief Executive Officer Tony Aquila is an American businessman, investor, serial entrepreneur, and inventor associated with 100+ patents in the automotive, aeronautics and cybersecurity sectors. Send Message. Senior Vice President, Corporate Development & Capital Markets. I have read and agree to Canoo's privacy policy and terms of use. Canoo Inc. 19951 Mariner Avenue Torrance, CA 90503 Investor Relations Kunal Bhalla Senior Vice President, Corporate Development & Capital Markets IR@canoo.com Transfer Agent Continental Stock Transfer & Trust Company 1 State Street 30th Floor New York, NY 10004 T: 212-509-4000 cstmail@continentalstock.com continentalstock.com Canoo LDV's were deployed for real world deliveries in a 7-days-a-week program in the Dallas Fort Worth metroplex (DFW). Agnes Gomes-KoizumiVice President, CommunicationsAgnes.Gomes-Koizumi@canoo.com. Britton Worthen. He serves as Executive Chairman of Canoo I Show more. last line of a press release published Monday, sued by Faraday Future for poaching employees and allegedly stealing trade secrets, probed by the Securities and Exchange Commission, secretive electric autonomous car project, chief financial officer Paul Balciunas resigned in April, took over as executive chairman in late 2020, Mark Zuckerberg says Meta now has a team building AI tools and personas, Whoops! He has held senior management positions . Specialty electric vehicle (EV) start-up Canoo (NASDAQ: GOEV) has had a difficult year. Canoo has teams in Arkansas, Oklahoma, Texas, Michigan and California. Sources say new CEO Tony Aquila has led the company astray in its first year after its SPAC deal.. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Recent research on Seeking Alpha from an analyst who has reported on Canoo before suggested a $2.75/share target based on a 5x sales multiple on 2022 estimated revenue of $132 million. Foster joined the board on December 21, 2020. "We are pleased to appoint Ken to Canoo's executive management team. MANAGEMENT TEAM. Distinguished by its experienced team from leading technology and automotive companies - Ca noo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a wide range of vehicle applications for consumers and businesses. He has a disciplined approach to thinking differently and hes deeply rooted in his reverence for nature, affordable mobility for everyone, and helping businesses and teams succeed to make a lasting difference in the world. Previously, Josette served as Vice Chair of the World Economic Forum; UN Special Envoy, leading a successful effort to end a cholera epidemic in Haiti; Executive Director of the United Nations World Food Program; United States Under Secretary for Economic, Energy and Agricultural Affairs under President George W. Bush; Deputy U.S. Trade Representative and Ambassador covering Asia, Africa, labor, environment, intellectual property, and trade capacity building. Thomas has robust experience working with technology, finance and automotive companies, including Portfolio Group, L3 Harris Technologies, Inc., Haworth Inc., and Cooper Tire & Rubber Company. He has a strong track record of building shareholder value at high-growth companies and has deep experience in business, finance, and corporate governance. In addition to those announced today, the Executive Management Team includes the following senior executives, all of whom joined the Company in 2021: General Counsel and Corporate Secretary - Hector Ruiz; Chief Human Resources Officer - Kate Lengyel; SVP Customer Journey and After Sales - Christian Treiber and SVP Corporate Development - Kunal Bhalla. (Aquila also took on the CEO role after Kranz resigned.) He has served as a director of Canoo Inc. since December 2017. One of the most important aspects of effective management is communication. Canoos priorities have been shifting along with the makeup of its leadership team ever since investor Tony Aquila took over as executive chairman in late 2020, just after the startup went public. A key component of our strategy is to invest in the communities and States that are investing in high tech manufacturing alongside us, creating American jobs and innovation, he said. Facebook 0 Twitter LinkedIn 0 0 Likes. Canoo's mission is to bring EVs to Everyone and build a world-class team to deploy this sustainable mobility revolution. Ram Balasubramanian joined the company as Chief Information Officer. . About Canoo Canoo's mission is to bring EVs to Everyone and build a world-class team to deploy this sustainable mobility revolution. "We are pleased to appoint Ken to Canoo's executive management team. free lookups / month. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Having the right team to execute that strategy is, of course, key to our success. Canoo's mission is to bring EVs to Everyone. His other experience includes roles at TPK Holding Co. Ltd., TES Touch Embedded Solutions (Xiamen) Co., Ltd., and the Board of Trustees of the Taft School, a private college-preparatory school. Reporting directly to Canoo Chairman . Posted: February 25, 2021. Since that time, Canoo expanded the executive team, announced three new vehicle trims, a Phase 1 advanced industrialization facility and established a landmark partnership for a Phase 2 owned mega-micro manufacturing facility on tribal land in Pryor, Oklahoma. Ramesh Murthy, who served as interim CFO, will continue in his role as Senior Vice President, Finance and Chief Accounting Officer. Investor, Executive Chairman & Chief Executive Officer. Design, develop . Ken has many years ofaccounting andfinancial industry experience on the buy and sell side, including running a multi-billion global equity investment strategy at the Ontario Teachers Pension Plan, and having originated and closed several billion of equity, debt and structured finance transactions while at BMO Capital Markets. Strickland and Charbonneau did not immediately respond to messages seeking comment. We have developed breakthrough electric vehicles that are reinventing the automotive landscape with pioneering technologies, award-winning designs . The startup announced Monday that it hired a new chief information officer, Ram Balasubramanian, who has held senior technology management positions for more than two decades at such companies as Salesforce.com, Motorola Solutions and PepsiCo.. Shares of Canoo ( GOEV -6.45%) fell 20.7% in January, according to data from S&P Global Market Intelligence. 19951 Mariner Ave, Torrance, California, 90503, United States. JUSTIN, Texas, Jan. 26, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today named Ken Manget, Chief Financial Officer. But there have been some . She has raised financial support for public and private partnerships worth more than $1b bringing innovative solutions to the world's most pressing challenges. Canoos mission is to bring EVs to Everyone. Mr. Anthony Aquila, also known as Tony, serves as a Founder, Chairman and Chief Executive Officer at AFV Partners. "I'd like to thank Ramesh for his hard work in the interim CFO role. . Canoo has teams in Arkansas, Oklahoma, Texas, Michigan and California. Distinguished by its experienced team from leading technology and automotive companies - Ca noo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a wide range of vehicle applications for consumers and businesses. In each case, such descriptions are . Announces $52.5 Million Registered Direct Offering, U.S. DEPARTMENT OF DEFENSE AWARDS CANOO BATTERY MODULE CONTRACT FOR ADVANCED TESTING, Canoo Appoints Ken Manget Chief Financial Officer, Canoo Announces Definitive Partnership Agreement with GCC Olayan as Exclusive Distributor of its Electric Vehicles in Saudi Arabia. He is a risk-taking . Emphasize constant and effective communication within the workplace. 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. We have worked together for many years, starting at Ontario Teachers' Pension Plan including as a consultant to AFV . Check out our Careers page to inquire about open positions with Canoo. Growing up on the fringes of Silicon Valley with a mathematical and entrepreneurial mind, Tony founded in his garage, grew, and sold several technology start-ups during the dot-com years, ultimately founding Solera in 2005. However, while Canoo may elect to update these forward-looking statements at some point in the future, Canoo specifically disclaims any obligation to do so. Los Angeles, CA - (October 20, 2020) - Canoo Holdings Ltd. ("Canoo"), a company developing breakthrough electric vehicles (EV) with a proprietary and highly versatile skateboard platform, announced today the appointment of Tony Aquila as Executive Chairman as it prepares for the closing of the announced merger with Hennessy Capital Acquisition Corp. IV ("HCAC") (Nasdaq: HCAC), a . The Battery Management System Embedded Software internship position will help develop real time low level embedded software on Canoo Battery management ECU. Read More Merger Press Release HENNESSY CAPITAL V OVERSUBSCRIBED and UPSIZED to $345MM Canoo's multipurpose delivery vehicle is geared toward small businesses and last-mile delivery companies. He has an extensive background in legal and tax matters, including previous experience at Solera Holdings, Inc., Caris Life Sciences and PricewaterhouseCoopers LLP. Joseph Pike. As head of the World Food Program, which was awarded the Nobel Peace Prize in 2020, she led the world's biggest humanitarian supply chains, with more than 15,000 staff and logistics serving more than 90 nations faced with disasters and wars. (The details of Canoos SPAC merger are currently being probed by the Securities and Exchange Commission.) His responsibilities will be expanded to include Creative Content and, on an interim basis, Merchandising. The Council on Future Mobility has a goal to capitalize on advancements in mobility and further cement Arkansas as a national and global leader in the sector. In preparations for the SPAC merger, Tony was asked to join the board and, effective with the completion of the merger and de-SPAC with Hennessy Capital Acquisition Corp. IV in December 2020, became its Chairman. He is a founding team member at Canoo. / Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. We have worked together for many years, starting at Ontario Teachers' Pension Plan, including as a consultant to AFV Partners," said Tony Aquila, Chairman and CEO at Canoo . Canoo's mission is to bring EVs to Everyone and build a world-class team to deploy this sustainable mobility revolution.