Lordstown Motors shuffles management
Lordstown Motors has replaced its chief executive with Edward Hightower who has, until now, been president of the company since November. Other new appointments have also been made.
For just a little under a year, Daniel Ninivaggi has been CEO, but will now become executive chairman and focus on partnerships and capital raising. According to Reuters, the management shake-up is aimed at ramping up Lordstown’s efforts to start production of its pickup truck.
Other appointments include Dr Donna Bell who has been appointed Executive Vice President, Product Creation, Engineering and Supply Chain, effective immediately. Dr Bell is a former Ford Motor Company executive. Andrew Reyntjes has been appointed Senior Vice President, Sales, Service and Marketing, effective June 29.
In other moves, Jill Coniglio-Kirk has been appointed Vice President of People & Culture, effective June 20, while Jane Ritson-Parsons will be transitioning out of the role of Chief Commercial Officer and become an advisor to the company.
“We now have a focused leadership team with vast experience in developing, launching and commercializing vehicles,” said Hightower in a Lordstown Motors statement. “I’ve just returned from two weeks in Taiwan meeting with Foxconn and exploring our joint product development opportunities. I look forward to strengthening our partnership and confirming our first vehicle program over the next several months. The LMC team also remains laser focused on launching the Endurance this quarter, with commercial deliveries expected in the fourth quarter.”
Since Lordstown presented the Endurance electric pick-up truck in June 2020, the company has experienced a number of crises: Courtcases with Karma Automotive, and some serious cashflow issues, just to mention a few. Earlier this year the company faced more setbacks when General Motors sold its shares in the company.
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