Lordstown Motors appoints Adam Kroll as CFO effective Oct 25, 2021

NU RIDE INC.

Adam Kroll named EVP and CFO, replacing interim CFO Rebecca Roof, who stays in transition role through Dec 31, 2021.
Kroll's base salary $450,000; target annual bonus 80% of salary; receives 200k stock options and 250k RSUs vesting over three years.
Kroll brings 25 years experience, previously CAO at Hyzon Motors, interim CFO at UPG, and investment banker at JP Morgan.
CEO Dan Ninivaggi highlights Kroll's automotive expertise; company focuses on Endurance launch and Foxconn partnership.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Adam Kroll

Executive Vice President and Chief Financial Officer

NRDE · NU RIDE INC.

Effective: 2021-10-25
Filed: October 13, 2021, 7:59 PM ET

On October 13, 2021, Lordstown Motors Corp. (the “Company”) announced that the Board of Directors of the Company appointed Adam Kroll as Executive Vice President and Chief Financial Officer (“CFO”) of the Company effective October 25, 2021 (the “Effective Date”).

Role change (interim)

Rebecca Roof

Interim Chief Financial Officer

NRDE · NU RIDE INC.

Effective: 2021-10-25
Successor: Adam Kroll
Filed: October 13, 2021, 7:59 PM ET

Upon the Effective Date, Mr. Kroll will serve as the Company’s principal financial officer and principal accounting officer, and Rebecca Roof, the Company’s Interim Chief Financial Officer, will cease serving in such roles, but will remain with the Company in a transition role until December 31, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Adam Kroll was appointed as Executive Vice President and Chief Financial Officer at NU RIDE INC..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On October 13, 2021, Lordstown Motors Corp. (the “Company”) announced that the Board of Directors of the Company appointed Adam Kroll as Executive Vice President and Chief Financial Officer (“CFO”) of the Company effective October 25, 2021 (the “Effective Date”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rebecca Roof changed role as Interim Chief Financial Officer at NU RIDE INC..

Action: ceased serving
Role: Interim Chief Financial Officer

Exact text from the filing

Upon the Effective Date, Mr. Kroll will serve as the Company’s principal financial officer and principal accounting officer, and Rebecca Roof, the Company’s Interim Chief Financial Officer, will cease serving in such roles, but will remain with the Company in a transition role until December 31, 2021.

View on SEC.gov

NU RIDE INC. filing history →

Source: SEC EDGAR

accession 0001104659-21-125686

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