Lordstown Motors Names Adam Kroll as Financial Chief

Lordstown Motors said Adam Kroll’s appointment as CFO would take effect Oct. 25.


rebecca cook/Reuters

Lordstown Motors Corp.

has named

Adam Kroll

as its next chief financial officer, effective Oct. 25.

Mr. Kroll would succeed Julio Rodriguez, who left the Ohio-based electric-vehicle maker in June. Mr. Rodriguez and Lordstown’s chief executive at the time,

Steve Burns,

stepped down after a board committee found that parts of the company’s disclosures about truck preorders were inaccurate.

Since then, Rebecca Roof had been serving as interim CFO. Ms. Roof would remain at the company through the end of the year to help with the transition, Lordstown said.

Since April, Mr. Kroll has been the chief administrative officer of Hyzon Motors Inc., a supplier of hydrogen-powered commercial vehicles. He previously worked as interim CFO at UPG enterprises, a family office, and at PSAV, a provider of event-technology services.

Earlier in his career, Mr. Kroll was an investment banker at J.P. Morgan.

Dan Ninivaggi

became Lordstown’s CEO in August, replacing Mr. Burns.

Write to Matt Grossman at matt.grossman@wsj.com

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link

About rudro


Check Also

RECENT UPDATE: How NFTs are creating a generational divide between platforms

Today, let’s talk about a fault line that’s beginning to open up in the gaming …

Leave a Reply

Your email address will not be published. Required fields are marked *