Joby Aviation appoints former FAA Administrator Michael Huerta to board

Joby Aviation, Inc.

Huerta served as FAA Administrator (2011-2018) and also sits on Delta Air Lines' board.
Delta has an upfront equity investment of $60M in Joby, with up to $200M possible upon milestones.
Joby is first eVTOL firm to complete two of five FAA type certification stages; targets commercial service in 2025.
Huerta was jointly selected for nomination by Delta under the Umbrella Agreement signed in October 2022.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Michael P. Huerta

director

JOBY · Joby Aviation, Inc.

Effective: 2023-03-23
Filed: March 24, 2023, 7:59 PM ET

On March 23, 2023, the board of directors (the “Board”) of Joby Aviation, Inc. (the “Company”) approved an increase to the size of the Board from eight members to nine members and appointed Michael P. Huerta as a Class I director, effective immediately

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Michael P. Huerta was appointed as director at Joby Aviation, Inc..

Action: appointed
Role: director

Exact text from the filing

On March 23, 2023, the board of directors (the “Board”) of Joby Aviation, Inc. (the “Company”) approved an increase to the size of the Board from eight members to nine members and appointed Michael P. Huerta as a Class I director, effective immediately

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Joby Aviation, Inc. filing history →

Source: SEC EDGAR

accession 0001819848-23-000094

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