Archer CFO on medical leave; court orders Wisk warrant exercisable, ~$11,913/day interest

Archer Aviation Inc.

CFO Mark Mesler takes temporary medical leave effective Sep 9, 2024; expected return Q1 2025.
VP of Finance Priya Gupta appointed acting CFO during leave.
Court orders second tranche of Wisk warrant immediately exercisable; Archer must pay $11,912.53/day interest from Mar 21 to Aug 14, 2024.
Court ruling stems from August 2023 settlement between Archer, Boeing, and Wisk Aero.

item 5.02 item 8.01

Executive movements

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

Role change

Mark Mesler

Chief Financial Officer

ACHR · Archer Aviation Inc.

Effective: 2024-09-09
Successor: Priya Gupta
Filed: September 9, 2024, 7:59 PM ET

Effective September 9, 2024, Archer Aviation Inc.’s (the “Company” or “Archer”) Chief Financial Officer, Mark Mesler, will take a temporary medical leave.

Appointed (interim)

Priya Gupta

acting Chief Financial Officer and acting principal financial officer

ACHR · Archer Aviation Inc.

Effective: 2024-09-09
Filed: September 9, 2024, 7:59 PM ET

During Mr. Mesler’s leave, Priya Gupta, age 41, the Company’s Vice President of Finance, will serve as its acting Chief Financial Officer and acting principal financial officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Mesler changed role as Chief Financial Officer at Archer Aviation Inc..

Action: take a temporary medical leave
Role: Chief Financial Officer

Exact text from the filing

Effective September 9, 2024, Archer Aviation Inc.’s (the “Company” or “Archer”) Chief Financial Officer, Mark Mesler, will take a temporary medical leave.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Priya Gupta was appointed as acting Chief Financial Officer and acting principal financial officer at Archer Aviation Inc..

Action: appointed
Role: acting Chief Financial Officer and acting principal financial officer

Exact text from the filing

During Mr. Mesler’s leave, Priya Gupta, age 41, the Company’s Vice President of Finance, will serve as its acting Chief Financial Officer and acting principal financial officer.

View on SEC.gov

Archer Aviation Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-039848

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