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Canoo enhances board with tech and policy experts

EditorEmilio Ghigini
Published 02/07/2024, 06:14 AM
Updated 02/07/2024, 06:14 AM
© Reuters.

JUSTIN, Texas - Canoo Inc. (NASDAQ: NASDAQ:GOEV), a company specializing in electric vehicles (EVs), has announced the immediate addition of two new members to its Board of Directors, both with strong backgrounds in electric mobility, public policy, technology, and cybersecurity. The appointments come as part of Canoo's strategic efforts to bolster its market presence and achieve growth objectives.

Ms. Deborah Diaz, with her extensive experience in technology governance and cybersecurity, joins the board following her previous roles as Chief Technology Officer and Deputy Chief Information Officer at NASA, and CIO for Science and Technology at the U.S. Department of Homeland Security. Diaz is also the CEO of Catalyst ADV, a technology advisory firm, and serves on the boards of several companies in the aviation and financial sectors.

Mr. James Chen brings a wealth of knowledge in legal, policy, and regulatory matters from his time as Vice President of Regulatory Affairs & Deputy General Counsel at Tesla (NASDAQ:TSLA), and his work with Rivian (NASDAQ:RIVN) Automotive. He is currently a shareholder at the law firm of Babst, Calland, Clements and Zomnir, focusing on transportation technology and energy.

The new appointees expressed enthusiasm about joining Canoo's board. Diaz highlighted the importance of establishing a robust digital infrastructure as Canoo scales its EV production, while Chen praised Canoo's focus on commercial fleets and its innovative approach to electrification.

In conjunction with these appointments, Ms. Josette Sheeran will transition from her role as President to a strategic advisor to the CEO, and Mr. Rainer Schmueckle will resign from the Board of Directors. Tony Aquila, Canoo's CEO, expressed gratitude for their contributions and looked forward to Sheeran's continued advisory role.

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Aquila emphasized the importance of having a board composed of diverse and skilled individuals to guide Canoo through its next growth phase. The current independent board members bring a range of experiences from the automotive, marketing, finance, and corporate governance sectors.

Canoo's mission is to make electric vehicles accessible to a broader audience through innovative design and technology. The company has developed a modular electric platform designed to maximize interior space and adapt to various business and consumer applications. Canoo has established a presence in multiple U.S. states and has engaged in partnerships with the U.S. government and military.

This board restructuring is part of Canoo's ongoing strategy to strengthen its position in the EV market, as outlined in the press release statement. The company continues to focus on meeting its operational milestones and capitalizing on commercial opportunities to transform future mobility.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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