Proterra Announces Appointment of David Black as Chief Financial Officer
01 Mai 2023 - 2:00PM
Proterra Inc (NASDAQ: PTRA) (“Proterra” or the “Company”), a
leading innovator in commercial vehicle electrification technology,
today announced the appointment of David Black, a public company
finance executive with more than 30 years’ experience in public
corporate accounting and finance leadership, as the Company’s new
Chief Financial Officer, effective May 16, 2023.
Karina Padilla, the Company’s current CFO, will step down from
her role effective May 15, 2023. Ms. Padilla will remain with the
Company as a non-executive officer employee through June 2, 2023
and will work closely with Mr. Black to support a smooth transition
of responsibilities.
“David is a seasoned finance executive with deep leadership
experience. We are fortunate to welcome someone with his skillset
to our Company as we work to meet the exciting opportunities ahead
for commercial vehicle electrification,” said Proterra CEO Gareth
Joyce. “We are also very thankful to Karina for her dedication and
commitment to our company’s mission, and wish her well as she
embarks on a new chapter.”
“Proterra has a proven track record of innovation and
achievement within the commercial vehicle market. I’m excited to
join Proterra as the demand for heavy-duty electric vehicles and
batteries continues to rise, and look forward to working with the
entire Proterra team,” said Mr. Black.“It has been an honor to
contribute to Proterra’s mission and work with the talented team of
people across the organization. I’m confident that Proterra will
continue to play a leading role as commercial vehicles accelerate
towards electrification,” said Ms. Padilla.About David
Black
Prior to joining the Company, Mr. Black served as a Special
Advisor to the CEO of BWX Technologies, a leading supplier of
nuclear components and fuel to the U.S. government, from November
2021 until his retirement in March 2022, and prior to that as
Senior Vice President and Chief Financial Officer of BWX
Technologies from July 2015 to November 2021. Mr. Black also served
as Vice President and Chief Accounting Officer and in other roles
at The Babcock & Wilcox Company, an international energy
technology company headquartered in the United States, from 1991 to
2015. Mr. Black holds a Master of Science in Accounting from the
Rochester Institute of Technology and a Bachelor of Science in
Accounting from Liberty University. He is a Certified Public
Accountant and a Chartered Global Management Accountant.
About ProterraProterra is a leader in the
design and manufacture of zero-emission electric transit vehicles
and EV technology solutions for commercial applications. With
industry-leading durability and energy efficiency based on rigorous
U.S. independent testing, Proterra products are proudly designed,
engineered, and manufactured in America, with offices in Silicon
Valley, South Carolina, and Los Angeles. For more information,
please visit www.proterra.com
FORWARD-LOOKING STATEMENTS – This press release
may contain forward-looking statements that involve risks and
uncertainties. You can identify these statements by the use of
forward-looking terminology such as “may,” “will,” “should,”
“expect,” “continue” or “believe” or the negatives thereof or other
variations thereon or comparable terminology. You should read
statements that contain these words carefully because they discuss
prospects and expectations concerning our industry and business.
There may be events in the future, however, that we are not able to
predict accurately or control. Any forward-looking statement made
by us in this press release speaks only as of the date on which we
make it. Factors or events that could cause actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. We undertake no obligation to update or
revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, except as required
by law.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/961f3ef5-241b-437f-8f97-6aedee0d427a
Investor Contact
Proterra Investor Relations
IR@proterra.com
Media Contact
Proterra Corporate Communications
PR@proterra.com
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