home · filing · 0001104659-21-136702
8-K filed November 10, 2021, 6:59 PM ET
ticker NRDE
CIK 0001759546
leadership
confidence high
sentiment neutral
materiality 0.60
Lordstown Motors appoints Edward Hightower President; Ninivaggi takes pay cut
NU RIDE INC.
Edward Hightower named President effective Nov 29, replacing Rich Schmidt who resigned Nov 4.
Hightower receives $625k salary, 500k options at $5.69, 500k RSUs, and $50k signing bonus.
CEO Dan Ninivaggi voluntarily reduces base salary from $750k to $675k.
Jane Ritson-Parsons shifts from COO to EVP-Chief Commercial Officer; Shea Burns named SVP-Operations.
Changes aim to focus on Endurance launch and Foxconn partnership.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2021-11-08
Filed November 10, 2021, 6:59 PM ET
appointed Shea Burns to serve as the Company’s Senior Vice President – Operations, effective immediately.
Appointed
Edward T. Hightower
President
Effective 2021-11-29
Filed November 10, 2021, 6:59 PM ET
On November 10, 2021, Lordstown Motors Corp. (the “Company”) announced that its Board of Directors appointed Edward T. Hightower as the Company’s new President effective November 29, 2021.
Departed
Rich Schmidt
President
Effective 2021-12-04
Successor Edward T. Hightower
Filed November 10, 2021, 6:59 PM ET
Mr. Hightower will replace President Rich Schmidt, who resigned from the Company on November 4, 2021 to take effect on December 4, 2021.
Effective 2021-11-08
Filed November 10, 2021, 6:59 PM ET
the Board approved a change to Jane Ritson-Parsons’s role from Chief Operating Officer to Executive Vice President – Chief Commercial Officer
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Shea Burns was appointed as Senior Vice President – Operations at NU RIDE INC..
Action appointed
Role Senior Vice President – Operations
Exact text from the filing
appointed Shea Burns to serve as the Company’s Senior Vice President – Operations, effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Edward T. Hightower was appointed as President at NU RIDE INC..
Action appointed
Role President
Exact text from the filing
On November 10, 2021, Lordstown Motors Corp. (the “Company”) announced that its Board of Directors appointed Edward T. Hightower as the Company’s new President effective November 29, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Rich Schmidt resigned as President at NU RIDE INC..
Action resigned
Role President
Exact text from the filing
Mr. Hightower will replace President Rich Schmidt, who resigned from the Company on November 4, 2021 to take effect on December 4, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jane Ritson-Parsons changed role as Executive Vice President – Chief Commercial Officer at NU RIDE INC..
Action changed role
Role Executive Vice President – Chief Commercial Officer
Exact text from the filing
the Board approved a change to Jane Ritson-Parsons’s role from Chief Operating Officer to Executive Vice President – Chief Commercial Officer
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-21-136702
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