Fisker Inc. appoints Bill McDermott as board member

Fisker

  • Bill McDermott, President and CEO, ServiceNow, joined the huge Fisker Inc. board of directors before completing the merger with Apollo’s Spartan Energy Acquisition Corporation (NYSE: SPAQ).
  • McDermott has extensive global leadership experience in transformative enterprise software, cloud platforms and modern digital workflow technologies; it will provide valuable advice for Fisker Inc. to create a digital-first ownership experience
  • Good track record in environmental, social and governance (ESG) leadership

angel, September 29, 2020 / PRNewswire /-Fisker Inc. (“Fisker”), the world’s most desirable and environmentally friendly electric vehicle developer, announced today an important new member of its board of directors. Bill McDermott, President and CEO of ServiceNow (NYSE:NOW), a leading digital workflow company, which became the seventh member of Fisker Inc.’s board of directors. The board of directors of Fisker Inc. was established to complete the merger with Spartan Energy Acquisition Company (NYSE: SPAQ) (hereinafter referred to as “Spartan”) is a special company initiated by an affiliate of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) Purpose to acquire the company. The board of directors consists of seven members: two executives from Fisker, four outside directors and a Spartan.

Commented on the latest members of the committee, Henrik FiskerThe Chairman and CEO of Fisker Inc. said: “Based on my years of electrification experience, I want to form a board of directors to help realize our disruptive business model and grow the company into a global leader. Our board members lead With their extensive experience in ESG and the insights needed to guide the development of the company, Bill has unparalleled international experience and is a leader in software systems and software as a service (SaaS). His The performance is incredible. When we develop Fisker Inc. into the world’s first digital car company, especially in the process of building digital applications and electric mobility as a service (EMAAS) functions, it will be very useful. Valuable.”

“A visionary car needs a visionary 21ST McDermott said, “Having the experience of Century Motors. Owning Fisker cars will set a new standard for seamless, direct-to-consumer digital experiences that enable workflows. I am very happy to join the board of Fisker Inc. and help Henrik and him In the dream of realizing a revolution in the automotive industry and creating a clean future for everyone, our team provides an amazing end-to-end digital-first car ownership experience.”

The merger between Fisker and Spartan is expected to be completed later this year and will result in Fisker’s Class A common stock being traded on the New York Stock Exchange as a publicly listed company.

Fisker Inc. Board of Directors:

  • Henrik Fisker, Fisker’s founder, chairman and CEO
  • PhD Geeta Gupta-Fisker, Co-founder and CFO of Fisker
  • Wendy Detestable, Former principal and board member Los Angeles City
  • Mark Hickson, Executive Vice President of Corporate Development, Strategy, Quality and Integration, NextEra Energy, Inc.
  • Bill McDermott, ServiceNow President and CEO
  • Rod RandallCo-founder of Vesbridge Partners, Managing Partner of Siris Capital, Director of the Board of Stratus Technologies and Mavenir, Chairman of Maglev Aero
  • Nadine WattChief Executive Officer of Watt Corporation, Chairman of the Los Angeles Business Council

For the full biographical details of board members, please visit: Fisker Inc. Board of Directors

For more information or interview inquiries, please contact [email protected].

About Fisker
CaliforniaFisker Inc., headquartered in the United States, is revolutionizing the automotive industry by developing the most desirable and environmentally friendly electric vehicles on the planet. Driven by everyone’s vision for a clean future, the company’s mission is to become the number one electric vehicle service provider with the world’s most sustainable vehicles. To learn more and keep the Fisker all-electric ocean, please visit www.FiskerInc.com.

Forward-looking statement
The information in this press release includes “forward-looking statements” as defined in Section 27A of the Securities Act (Revised Edition) (Securities Act) of 1933 and Section 21E of the revised Securities Exchange Act of 1934. Except for the current or historical fact statements in the presentation, all statements are related to Spartan’s proposed acquisition of Fisker, Spartan’s ability to complete the transaction, the proceeds of the transaction, and the future financial performance of the combined company and the combined company’s strategy. , Future operations, estimated financial conditions, estimated revenues and losses, estimated costs, prospects, plans and management objectives are all forward-looking statements. In this press release, the terms “may”, “should”, “will”, “may”, “believe”, “expect”, “intend”, “estimate”, “expect”, “project” and other terms and Negations of other similar statements are intended to identify forward-looking statements, although not all forward-looking statements contain such identifiers. These forward-looking statements are based on management’s current expectations and assumptions about future events, and are based on currently available information about the outcome and timing of future events. Unless otherwise required by applicable law, Spartan and Fisker assume no responsibility to update any forward-looking statements that are specifically defined by the statements in this section to reflect events or circumstances that occur after the date of this press release. Spartan and Fisker warn you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict, and many of them are not under the control of Spartan or Fisker. In addition, Spartan cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) any event, change or other circumstances that may delay the business combination or lead to the termination of the business combination. Agreement related to it; (ii) The result of any legal proceedings that may be brought against Spartan or Fisker after the transaction is announced; (iii) The business combination cannot be completed due to failure to obtain the approval of Spartan shareholders or to complete other conditions in the transaction agreement (Iv) The risk of the proposed business combination disrupting Spartan’s or Fisker’s current plans and operations due to the announcement of the transaction; (v) Fisker’s ability to achieve the expected benefits of the business combination, which may be subject to competition and Fisker’s post-business combination The impact of the ability to achieve growth and manage growth; (vi) costs associated with business combinations; (vii) changes to applicable laws or regulations; (viii) Fisker may be adversely affected by other economic, commercial and/or competitive factors. If one or more of the risks or uncertainties described in this press release, or the underlying assumptions prove to be incorrect, the actual results and plans may differ materially from the statements in any forward-looking statements.Additional information about these and other factors that may affect the operations and forecasts discussed here can be found in Spartan’s regular filings with the United States Securities and Exchange Commission (“SEC”), including its Form 10-K for the current fiscal year annual report December 31, 2019 And other SEC documents. Spartan’s SEC documents are publicly available on the SEC website www.sec.gov.

Important information for investors and shareholders
Regarding the proposed business combination, Spartan Energy Acquisition Corp. will submit a proxy statement to the SEC. In addition, Spartan Energy Acquisition Corp. will submit other relevant materials to the SEC regarding the business combination. Copies can be obtained free of charge from the SEC website www.sec.gov. Spartan Energy Acquisition Corp.’s securities holders are urged to read the proxy statement and other related materials before obtaining any voting decisions on the proposed business combination, as they will contain important information about the business combination and the parties involved in the transaction. Business combination. The information contained on the websites cited in this press release or the information that can be accessed through the websites mentioned in this press release is not included in this press release as a reference and is not part of this press release.

Participate in the call
Spartan Energy Acquisition Corp. and its directors and senior executives may be considered participants in the Spartan shareholder proxy bidding related to the proposed business combination. Securities holders can obtain detailed information about the names, affiliations and interests of certain Spartan executive officers and directors in the tender by reading Spartan’s annual report on Form 10-K for the current fiscal year. December 31, 2019, And the power of attorney submitted to the US Securities and Exchange Commission and other related materials related to the business combination. Information about the interests of Spartan participants in the recruitment (which may differ from the interests of its shareholders in some cases) will be listed in the power of attorney related to the business combination.

SOURCE Fisker Inc.

Related Links

http://www.fiskerinc.com

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