Home Business Electrical truck maker Lordstown Motors says CEO and CFO resign

Electrical truck maker Lordstown Motors says CEO and CFO resign

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Lordstown Motors Corp Chief Government Steve Burns poses with a prototype of the electrical car start-up’s Endurance pickup truck, which it should start constructing within the second half of 2021, on the firm’s plant in Lordstown, Ohio, U.S. June 25, 2020.

Lordstown Motors | Reuters

Lordstown Motors stated on Monday that Chief Government Officer Steve Burns and Chief Monetary Officer Julio Rodriguez have resigned, days after the electrical truck maker warned that it had “substantial doubt” about its potential to proceed as a going concern within the subsequent yr.

Lordstown stated its lead impartial director, Angela Strand, has been appointed govt chairwoman and would oversee the agency’s transition till a everlasting CEO is recognized.

The corporate named Becky Roof as interim CFO efficient instantly.

This story is creating. Please examine again for updates.

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