REE Automotive (REE) announced that David Goldberg, who has served as Chief Financial Officer, CFO, since 2022, will be stepping down from his current executive duties on March 28, 2023, to pursue other career opportunities. He will continue to work with the company through the end of June 2023 in a new role as a senior advisor. David will be succeeded by Yaron Zaltsman who has been appointed Chief Financial Officer effective March 29, 2023. Zaltsman is an experienced CFO and Board Member of several publicly listed companies, overseeing all capital market aspects, financial reporting, and credit rating agency relationships. In Zaltsman’s last public company CFO role, he led the acquisition of Fyber. REE also announced several changes to its board of directors, which represent diverse backgrounds in business, finance, technology, and mobility that will guide REE’s strategic vision. REE appointed the following two new directors, Hicham Abdessamad and Ittamar Givton to its Board. Givton will serve as an independent director and will be a member of the Company’s Audit Committee. These appointments, effective March 29, 2023, will bring the board to seven directors, of which four are independent directors and will satisfy the Nasdaq minimum requirements for the audit committee. REE also announced the resignation of board member Hans Thomas, due to personal reasons. Hicham is the Chairman & CEO of Hitachi America (HTHIY), overseeing the growth objectives of Hitachi’s North America business across key sectors such as Digital, Green & Mobility, and Innovation. Ittamar served on the boards of several Government entities and public companies in Israel, across the energy, banking, chemical, and communication sectors as well as on the board of the Israeli Stock Exchange.
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