{"id":457675,"date":"2021-03-15T09:18:10","date_gmt":"2021-03-15T13:18:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457675"},"modified":"2021-03-15T09:18:10","modified_gmt":"2021-03-15T13:18:10","slug":"canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board\/","title":{"rendered":"Canoo Names Claudia Romo Edelman and Arthur Kingsbury to Board"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Appointments reinforce Canoo&#8217;s commitment to building a high-growth company and world-class brand<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">March 15, 2021<\/span> \/PRNewswire\/ &#8212; <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3096409-1&amp;h=690183562&amp;u=https%3A%2F%2Fwww.canoo.com%2F&amp;a=Canoo+Inc.\" rel=\"nofollow noopener noreferrer\">Canoo Inc.<\/a><\/u>\u00a0(Nasdaq: GOEV), a company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile platform architecture,\u00a0has named <span class=\"xn-person\">Claudia Romo Edelman<\/span> and <span class=\"xn-person\">Arthur Kingsbury<\/span> to the\u00a0Board of\u00a0Directors, effective immediately.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1229806\/canoo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1229806\/canoo.jpg\" title=\"(PRNewsfoto\/Canoo)\" alt=\"(PRNewsfoto\/Canoo)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;Based on my years of experience building high-growth companies, I wanted to assemble a board with diverse skills to build Canoo into a global leader\u00a0and deliver our customer-focused value proposition,&#8221; said Tony Aquila, Executive Chairman of Canoo. &#8220;Our board members have extensive experience in innovation, technology, automotive as well as environmental, social &amp; corporate governance and their insights will help guide the growth of our company. Art has deep expertise in business and has served on numerous board committees. Claudia&#8217;s commitment to vulnerable populations\u00a0across both developed and emerging markets\u00a0align with our\u00a0focus to bring EVs to everyone \u2013 from business owners, to tradesman to\u00a0adventurers and\u00a0families. Both of their insights will\u00a0be extremely valuable as\u00a0we work to build affordable electric vehicles that improve productivity for everyone.&#8221;<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Claudio Romo Edelman<\/span>, Diplomat and Marketing Expert<br \/><\/b>A diplomat, humanitarian and marketer, <span class=\"xn-person\">Romo Edelman<\/span> 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. She was notably seconded to the Executive Office of the Secretary-General of the United Nations, and lead communications and advocacy for the Sustainable Development Goals (SDG). <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Arthur Kingsbury<\/span>, Finance and Corporate Governance Expert<br \/><\/b>Kingsbury has a strong track record building shareholder value at high-growth companies and has deep experience in business, finance and corporate governance. He has served on the boards of many public companies including Solera Holdings, a global automotive and insurance software leader; Affiliated Publications, Inc, the former parent company of the Boston Globe; NetRatings, Inc, a Nielson company; McCaw Cellular Communications, acquired by AT&amp;T; Remark Holdings, a global online publishing company; and Dolan Media, a publisher of business publications. His extensive corporate governance experience includes having served on 11 board committees including audit, compensation, governance as well as chairing a Special Committee of Independent Directors.<\/p>\n<p>Prior to his board experience, Kingsbury was Vice Chairman and Chief Operating Officer of BPI Communications, Inc., a BP company. He was also Executive Vice President and Chief Financial Officer of Affiliated Publications, Inc.; and President and Chief Operating Officer of VNU-<span class=\"xn-location\">USA<\/span>, Inc.<\/p>\n<p>With the appointment of Romo Edelman\u00a0and Kingsbury, Canoo&#8217;s board consists of 9 members including: \u00a0Executive Chairman <span class=\"xn-person\">Tony Aquila<\/span>, <span class=\"xn-person\">Debra L. von Storch<\/span>, <span class=\"xn-person\">Josette Sheeran<\/span>, <span class=\"xn-person\">Thomas Dattilo<\/span>, <span class=\"xn-person\">Rainer Schmueckle<\/span>, <span class=\"xn-person\">Foster Chiang<\/span> and <span class=\"xn-person\">Greg Ethridge<\/span>. \u00a0Art Kingsbury will serve as Chair of the Audit Committee.<\/p>\n<p>Canoo\u00a0concluded an outstanding year in 2020\u00a0\u2013 completing a SPAC merger with Hennessy Capital\u00a0Acquisition Corp IV (Nasdaq: HCAC),\u00a0revealing a\u00a0Multi-Purpose Delivery Vehicle\u00a0and launching\u00a0vehicle\u00a0pre-sales.\u00a0Having completed Beta development in record time,\u00a0Canoo\u00a0is\u00a0now well underway on its\u00a0Gamma testing program.\u00a0The company\u00a0has completed safety testing and\u00a0is on track\u00a0to deliver product on schedule in 2022.\u00a0\u00a0\u00a0<\/p>\n<p>\n        <b>About<\/b><br \/>\n        <b>\u00a0<\/b><br \/>\n        <b>Canoo<\/b>\u00a0<\/p>\n<p>Canoo\u00a0is a <span class=\"xn-location\">Los Angeles<\/span>-based company that has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first. Distinguished by its experienced team \u2013 totaling over 350 employees from leading technology and automotive companies \u2013\u00a0Canoo\u00a0has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses.\u00a0\u00a0<\/p>\n<p>For more information, please\u00a0visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3096409-1&amp;h=3722741024&amp;u=http%3A%2F%2Fwww.canoo.com%2F&amp;a=www.canoo.com\" rel=\"nofollow noopener noreferrer\">www.canoo.com<\/a><\/u>.\u00a0\u00a0<\/p>\n<p>For\u00a0Canoo\u00a0press materials, including photos, please\u00a0visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3096409-1&amp;h=1545552881&amp;u=http%3A%2F%2Fwww.press.canoo.com%2F&amp;a=press.canoo.com\" rel=\"nofollow noopener noreferrer\">press.canoo.com<\/a><\/u>.\u00a0\u00a0\u00a0<\/p>\n<p>For investors, please\u00a0visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3096409-1&amp;h=2475927086&amp;u=https%3A%2F%2Finvestors.canoo.com%2F&amp;a=investors.canoo.com\" rel=\"nofollow noopener noreferrer\">investors.canoo.com<\/a><\/u>.\u00a0<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\u00a0<\/p>\n<p>The information in this press release includes &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified\u00a0by the use of\u00a0words such as &#8220;estimate,&#8221; &#8220;plan,&#8221; &#8220;project,&#8221; &#8220;forecast,&#8221; &#8220;intend,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;seek,&#8221; &#8220;target&#8221; or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Canoo&#8217;s expectations and timing related to product testing, commercial product launches and market performance.\u00a0These statements are based on various assumptions,\u00a0whether or not\u00a0identified in this press release, and on the current expectations of\u00a0Canoo&#8217;s\u00a0management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve\u00a0as, and\u00a0must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of\u00a0Canoo. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; risks relating to the uncertainty of projected financial information; risks related to the rollout of\u00a0Canoo&#8217;s\u00a0business and the timing of expected business milestones and commercial launch; risks related to future market adoption of\u00a0Canoo&#8217;s\u00a0offerings; risks related to\u00a0Canoo&#8217;s\u00a0go-to-market strategy and subscription business model; the effects of competition on\u00a0Canoo&#8217;s\u00a0future business; the ability of\u00a0Canoo\u00a0to issue equity or equity-linked securities in connection in the future, and those factors discussed in\u00a0Canoo&#8217;s\u00a0Annual Report on Form 10-K for the fiscal year ended <span class=\"xn-chron\">December 31, 2019<\/span>, Quarterly Reports on Form 10-Q for the quarters ended <span class=\"xn-chron\">March 31, 2020<\/span>, <span class=\"xn-chron\">June 30, 2020<\/span> and <span class=\"xn-chron\">September 30, 2020<\/span> and the registration statement on Form S-1 filed on <span class=\"xn-chron\">January 13, 2021<\/span>, as amended, and the definitive proxy statement\/prospectus contained therein, in each case, under the heading &#8220;Risk Factors,&#8221;\u00a0and other documents of\u00a0Canoo\u00a0filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that\u00a0Canoo\u00a0does not presently know or that\u00a0Canoo\u00a0currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect\u00a0Canoo&#8217;s\u00a0expectations, plans or forecasts of future events and views as of the date of this press release.\u00a0Canoo\u00a0anticipates that subsequent events and developments will cause\u00a0Canoo&#8217;s\u00a0assessments to change. However, while\u00a0Canoo\u00a0may elect to update these forward-looking statements at some point in the future,\u00a0Canoo\u00a0specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing\u00a0Canoo&#8217;s\u00a0assessments as of any date\u00a0subsequent to\u00a0the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA09098&amp;sd=2021-03-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board-301246971.html\">http:\/\/www.prnewswire.com\/news-releases\/canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board-301246971.html<\/a><\/p>\n<p>SOURCE  Canoo<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA09098&amp;Transmission_Id=202103150915PR_NEWS_USPR_____LA09098&amp;DateId=20210315\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appointments reinforce Canoo&#8217;s commitment to building a high-growth company and world-class brand PR Newswire LOS ANGELES, March 15, 2021 \/PRNewswire\/ &#8212; Canoo Inc.\u00a0(Nasdaq: GOEV), a company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile platform architecture,\u00a0has named Claudia Romo Edelman and Arthur Kingsbury to the\u00a0Board of\u00a0Directors, effective immediately.\u00a0 &#8220;Based on my years of experience building high-growth companies, I wanted to assemble a board with diverse skills to build Canoo into a global leader\u00a0and deliver our customer-focused value proposition,&#8221; said Tony Aquila, Executive Chairman of Canoo. &#8220;Our board members have extensive experience in innovation, technology, automotive as well as environmental, social &amp; corporate governance and their insights will help guide the growth of our company. Art &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canoo Names Claudia Romo Edelman and Arthur Kingsbury to Board&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457675","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canoo Names Claudia Romo Edelman and Arthur Kingsbury to Board - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canoo Names Claudia Romo Edelman and Arthur Kingsbury to Board - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Appointments reinforce Canoo&#8217;s commitment to building a high-growth company and world-class brand PR Newswire LOS ANGELES, March 15, 2021 \/PRNewswire\/ &#8212; Canoo Inc.\u00a0(Nasdaq: GOEV), a company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile platform architecture,\u00a0has named Claudia Romo Edelman and Arthur Kingsbury to the\u00a0Board of\u00a0Directors, effective immediately.\u00a0 &#8220;Based on my years of experience building high-growth companies, I wanted to assemble a board with diverse skills to build Canoo into a global leader\u00a0and deliver our customer-focused value proposition,&#8221; said Tony Aquila, Executive Chairman of Canoo. &#8220;Our board members have extensive experience in innovation, technology, automotive as well as environmental, social &amp; corporate governance and their insights will help guide the growth of our company. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-names-claudia-romo-edelman-and-arthur-kingsbury-to-board\/","og_locale":"en_US","og_type":"article","og_title":"Canoo Names Claudia Romo Edelman and Arthur Kingsbury to Board - Market Newsdesk","og_description":"Appointments reinforce Canoo&#8217;s commitment to building a high-growth company and world-class brand PR Newswire LOS ANGELES, March 15, 2021 \/PRNewswire\/ &#8212; Canoo Inc.\u00a0(Nasdaq: GOEV), a company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile platform architecture,\u00a0has named Claudia Romo Edelman and Arthur Kingsbury to the\u00a0Board of\u00a0Directors, effective immediately.\u00a0 &#8220;Based on my years of experience building high-growth companies, I wanted to assemble a board with diverse skills to build Canoo into a global leader\u00a0and deliver our customer-focused value proposition,&#8221; said Tony Aquila, Executive Chairman of Canoo. &#8220;Our board members have extensive experience in innovation, technology, automotive as well as environmental, social &amp; corporate governance and their insights will help guide the growth of our company. 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