Forward-looking statements are statements that are not historical facts. These statements may be identified by words such as “feel,” “believes,” “expects,” “estimates,” “projects,” “intends,” “should,” “is to be,” or the negative of such terms, or other comparable terminology. Private Securities Litigation Reform Act of 1995. These statements are made under the “safe harbor” provisions of the U.S. This press release includes forward-looking statements. For additional information visit Forward Looking Statements Lordstown Motors has engineering, research and development facilities in Farmington Hills, Michigan and Irvine, California. Lordstown Motors is an Ohio-based electric vehicle (EV) innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. I believe LMC is uniquely positioned, with the team, the assets and focus to capitalize on the automotive industry’s transition to a better, greener future with the Endurance and other vehicles to come.” “I look forward to working with Dan and the entire LMC team to bring the Endurance to market, develop our strategic partnership with Foxconn and execute on the company’s other key priorities. “I am thrilled to be joining the Lordstown Motors team at this pivotal time,” said Kroll. Becky has not only strengthened our finance function but also has been instrumental in driving positive operational changes.” “On behalf of our board of directors and the Lordstown Motors team, I’d like to thank Becky Roof for her enormous contributions over the past several months as our Interim Chief Financial Officer. “His deep understanding of the automotive industry and experience in financial operations and strategy will have an immediate impact as we focus on bringing our Endurance pickup truck to market and completing our recently announced partnership with Hon Hai Technology Group (“Foxconn”) (TWSE: 2317).” “I am very pleased to welcome Adam to our leadership team,” said Dan Ninivaggi, LMC’s Chief Executive Officer. Kroll has an MBA with honors from the University of Chicago Booth School of Business and a BBA from the University of Wisconsin. Kroll also has a strong operational and strategic background, having served as Chief Administrative Officer for Hyzon Motors, interim Chief Financial Officer for UPG Enterprises and Senior Vice President of Finance for PSAV Holdings. He previously served as an investment banker at JP Morgan focused on the automotive industry where, during his tenure, he advised companies on over $125 billion in capital markets, loan and M&A transactions. Kroll brings to Lordstown Motors nearly twenty-five years of financial, operational and capital markets experience. Kroll will replace Rebecca Roof, Interim Chief Financial Officer who will remain with the company in a transition role through December 31, 2021. Kroll as Executive Vice President and Chief Financial Officer, effective October 25 th, 2021. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE) announced today that its Board of Directors has elected Adam B. ![]() 13, 2021 (GLOBE NEWSWIRE) - Lordstown Motors Corp.
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