Lordstown Motors Names Carter Driscoll as Head of Investor Relations
November 24 2020 - 7:00AM
Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a
leader in electric light duty trucks focused on the commercial
fleet market, today announced that Carter Driscoll has joined
Lordstown Motors as Head of Investor Relations. In this capacity,
Mr. Driscoll will be the main point of contact for Lordstown Motors
shareholders, and will be responsible for managing and fostering
relationships across the investment and analyst communities.
“I am thrilled to welcome Carter to our team. He brings with him
experience that will be critical in helping us successfully grow as
a public company,” commented Steve Burns, Chief Executive Officer
of Lordstown Motors. “Carter’s more than two decades of experience
as an investment professional and his focus on clean and
sustainable technologies will be invaluable in helping our company
tell its story, which is about building the most cost-effective,
safest, zero emission work trucks ever made,” Mr. Burns
continued.
Mr. Driscoll joins Lordstown Motors after an extensive career in
the clean technology and investment communities. Most recently,
Carter worked as a consultant for Enphase Energy, where he built
out its comprehensive Investor Relations strategy. Prior to that,
he spent more than 20 years in the investment world, working in
equity research on both the buy-side and sell-side. His most recent
role in the investment community was as a Clean & Sustainable
Technologies research analyst at FBR (now B. Riley FBR). Mr.
Driscoll’s experience includes roles in a similar capacity across
several other investment banks as well. Prior to covering
Alternative Energy, he covered the Technology, Media & Telecom
sector for nine years at several firms, including the Stanford
Group Company and IRG Research. He received his B.A. from Hamilton
College and his M.B.A. from the University of Rochester.
About Lordstown Motors Corp.Lordstown Motors
Corp. is an Ohio-based original equipment manufacturer of light
duty fleet vehicles, founded by CEO Steve Burns with the purpose of
transforming Ohio's Mahoning Valley and Lordstown, Ohio, into the
epicenter of electric-vehicle manufacturing. The company owns the
785 acre, 6.2 million square foot Lordstown Assembly Plant where it
plans to build the Lordstown Endurance, believed to be the world's
first full-size, all-electric pickup truck designed to serve the
commercial fleet market. For additional information visit
www.lordstownmotors.com.
Forward Looking StatementsThis press release
includes forward-looking statements. These statements are made
under the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. 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. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements are not guarantees of future performance
and are subject to risks and uncertainties, which could cause
actual results to differ materially from the forward-looking
statements contained herein due to many factors, including, but not
limited to: our limited operating history and our significant
projected funding needs; risks associated with the conversion and
retooling of our facility and ramp up of production; our inability
to obtain orders from customers and potential customers’ inability
to integrate our electric vehicles into their existing fleets; our
inability to retain key personnel and to hire additional personnel;
competition in the electric pickup truck market; our inability to
develop a sales distribution network; and the ability to protect
our intellectual property rights. Any forward-looking statements
speak only as of the date on which they are made, and Lordstown
Motors Corp. undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
press release.
Contacts:
InvestorsCarter
DriscolllordstownmotorsIR@icrinc.com
MediaRyan Hallett / Leigh
Harmonlordstownmotors@ottoandfriends.com
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