Trending...
- City of Long Beach Provides Updates on Ongoing and Planned Peninsula Projects and Coastal Protection Efforts - 142
- Aegean Love Hollywood Premiere on 10/30 - 132
- California improves access to CalFresh food benefits, helping college students get up to $306 a month to buy groceries - 129
PALO ALTO, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) today announced the appointment of Mark Mesler as the Company's Chief Financial Officer.
Following the company's NYSE public debut in 2021, Mark will lead all aspects of Archer's financial operations, including investor relations, financial planning and analysis, treasury, accounting and operations finance. His immediate focus will be on ensuring the company's product development and manufacturing roadmaps are supported by robust financial planning and cash management strategies. He will also provide critical focus to strengthen Archer's investor and research analyst relationships and scale its industry-leading finance team.
Having spent over 11 years with Bloom Energy, Mark helped lead the company's IPO on the New York Stock Exchange in July 2018. During his tenure at Bloom, he was responsible for closing all corporate equity and debt financings prior to the company's IPO, in addition to scaling the finance team and supporting infrastructure as the company transitioned into the public markets. Most recently, Mark held the CFO role at Volansi, where he provided strategic and financial leadership for the autonomous drone technology and logistics company. Additionally, Mark previously held the position of Chief Financial Officer and Vice President of Operations at Aquest Systems and Director of Finance at KLA-Tencor.
More on The Californer
"I have spent a large part of my career advancing the application of clean energy, so joining Archer, with its clear vision of enabling sustainable aerial mobility, is a natural fit for me. Having recently developed the finance infrastructure in a business that is transforming the logistics sector with VTOL drone technology, I am now thrilled to be transitioning into the consumer eVTOL aircraft market to scale the finance function as the company enters its next phase of growth and development," said Mark Mesler, Archer CFO. "The potential for eVTOL to change the way people live and travel is on the cusp of becoming reality, and I look forward to the challenge of stewarding the company's financial resources to deliver on that vision."
"Having completed our first successful test flight in December 2021, Archer is entering its next critical phase of development and adding Mark to our leadership team adds tremendous strength to our ability to deliver on our go-to-market strategy. As a seasoned veteran of senior strategic financial roles in the sustainable energy and aerospace sectors, Mark will bring a highly honed perspective that will help us deliver growth in the most cost-effective way," said Brett Adcock, Archer co-founder and co-CEO.
"Mark's track record in scaling newly public companies will be a significant asset to Archer as we progress swiftly and efficiently towards our key business milestones in 2022 and beyond," added Adam Goldstein, Archer co-founder and co-CEO. "His operations-centric focus combined with his track record of driving financial performance by partnering with functional and business unit management teams will help drive our success. Having someone like Mark onboard with his deep understanding of the challenges we face around sustainability and urban air mobility is undoubtedly a great win for us."
More on The Californer
Mark graduated with Highest Distinction from Penn State University with a B.S. in Finance and holds an MBA in Finance from Carnegie Mellon University's Tepper School of Business. Mark replaces Ben Lu, who will remain as a consultant to Archer during Mark's transition into his role.
For continued updates visit www.archer.com and follow along on social media.
About Archer
Archer's mission is to advance the benefits of sustainable air mobility. Archer's goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer's team is based in Palo Alto, CA. To learn more, visit www.archer.com.
Source: Archer
Text: ArcherIR
Contacts
For Media
Louise Bristow
Archer
louise.bristow@archer.com
archer@launchsquad.com
For Investors
investors@archer.com
Following the company's NYSE public debut in 2021, Mark will lead all aspects of Archer's financial operations, including investor relations, financial planning and analysis, treasury, accounting and operations finance. His immediate focus will be on ensuring the company's product development and manufacturing roadmaps are supported by robust financial planning and cash management strategies. He will also provide critical focus to strengthen Archer's investor and research analyst relationships and scale its industry-leading finance team.
Having spent over 11 years with Bloom Energy, Mark helped lead the company's IPO on the New York Stock Exchange in July 2018. During his tenure at Bloom, he was responsible for closing all corporate equity and debt financings prior to the company's IPO, in addition to scaling the finance team and supporting infrastructure as the company transitioned into the public markets. Most recently, Mark held the CFO role at Volansi, where he provided strategic and financial leadership for the autonomous drone technology and logistics company. Additionally, Mark previously held the position of Chief Financial Officer and Vice President of Operations at Aquest Systems and Director of Finance at KLA-Tencor.
More on The Californer
- Which Redondo Beach hotels have EV charging? South Bay hotels near LAX and Northrop Grumman with chargers, compared
- Travel nurse contract at Torrance Memorial or Providence Torrance? Extended stay hotels near the Torrance hospitals with a kitchen, compared
- Governor Newsom directs early, proactive steps to protect California communities and strengthen local fire response ahead of dangerous Santa Ana winds and Red Flag Warnings
- Youth tournament weekend in the South Bay? Hotels near Toyota Sports Performance Center and El Camino College with a kitchen and free breakfast
- ClearSight Therapeutics Receives U.S. Patent Notice of Allowance
"I have spent a large part of my career advancing the application of clean energy, so joining Archer, with its clear vision of enabling sustainable aerial mobility, is a natural fit for me. Having recently developed the finance infrastructure in a business that is transforming the logistics sector with VTOL drone technology, I am now thrilled to be transitioning into the consumer eVTOL aircraft market to scale the finance function as the company enters its next phase of growth and development," said Mark Mesler, Archer CFO. "The potential for eVTOL to change the way people live and travel is on the cusp of becoming reality, and I look forward to the challenge of stewarding the company's financial resources to deliver on that vision."
"Having completed our first successful test flight in December 2021, Archer is entering its next critical phase of development and adding Mark to our leadership team adds tremendous strength to our ability to deliver on our go-to-market strategy. As a seasoned veteran of senior strategic financial roles in the sustainable energy and aerospace sectors, Mark will bring a highly honed perspective that will help us deliver growth in the most cost-effective way," said Brett Adcock, Archer co-founder and co-CEO.
"Mark's track record in scaling newly public companies will be a significant asset to Archer as we progress swiftly and efficiently towards our key business milestones in 2022 and beyond," added Adam Goldstein, Archer co-founder and co-CEO. "His operations-centric focus combined with his track record of driving financial performance by partnering with functional and business unit management teams will help drive our success. Having someone like Mark onboard with his deep understanding of the challenges we face around sustainability and urban air mobility is undoubtedly a great win for us."
More on The Californer
- Winthco Wealth Management Expands 1031 Exchange, DST and 721 UPREIT Education
- Yalil Guerra's Clave Receives World Premiere in Symphonic Version at The Soraya
- Attn: Newspaper Publishers, Editors & Sales Managers: Looking for Giant New Advertising Revenues?
- Revinate launches hospitality's first data activation platform
- Discard Junk Removal Publishes Guide Confirming It Is Not American Discard Junk Removal
Mark graduated with Highest Distinction from Penn State University with a B.S. in Finance and holds an MBA in Finance from Carnegie Mellon University's Tepper School of Business. Mark replaces Ben Lu, who will remain as a consultant to Archer during Mark's transition into his role.
For continued updates visit www.archer.com and follow along on social media.
About Archer
Archer's mission is to advance the benefits of sustainable air mobility. Archer's goal is to move people throughout the world's cities in a quick, safe, sustainable, and cost-effective manner. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer's team is based in Palo Alto, CA. To learn more, visit www.archer.com.
Source: Archer
Text: ArcherIR
Contacts
For Media
Louise Bristow
Archer
louise.bristow@archer.com
archer@launchsquad.com
For Investors
investors@archer.com
Filed Under: Business
0 Comments
Latest on The Californer
- Breathwork Certification in Lake Tahoe, California Returns to the South Shore in July 2027
- Author Joel Rodriguez Tirado Releases Relationship Is the Reason, Partnership Is the Vehicle
- Self-Published Dad's Santa Book Finally Found After 3 Years on Amazon
- Meta Partnership Expanding as Omni One Orders Surge 3X -New Consumer Bundles, Defense Opportunities & AI Robotics: Virtuix Holdings: N A S D A Q: VTIX
- Governor Newsom announces results from California's first-in-the-nation project to involve Californians in decisions about AI
- WWK Offers Cost of Ownership Training at No Charge
- Finchloom Earns Microsoft Solutions Partner for Security Designation
- California's clean-energy grid powers through climate-driven extreme heat, meeting highest demand since 2022
- Citizens for West Virginia Election Integrity Urges "FOR" on Amendment 1
- Vegan Kingz Expands Direct-Import Wholesale Lineup to Help Commercial Kitchens Cut Ingredient Costs
- Acuvance Survey Finds ERP Integration Remains a Key Challenge as Healthcare Organizations Prepare for AI
- Everything Policy Unveils Their Classroom Resources Behind Every Policy Topic
- When Family Fails, Who Shows Up? Sarah Spector's NEXT BEST THING Offers a Personal Answer
- How Strategic Web Design and Development Can Grow Your Business
- California: Governor Newsom proclaims Indigenous Peoples' Day
- westdrift Manhattan Beach, Autograph Collection Welcomes Shane Allor as General Manager
- Pervaziv AI Brings Continuous, Coordinated Work to Cortex, Extending Enterprise AI Across Time and Tools
- Constantine "Costa" Kapothanasis II Acquires The Lubri-Loy Company, Carrying a 77-Year-Old American Lubricant Brand Into Its Next Era
- Novastart Launches the Infinite Canvas OS, Where AI Agents Work in Plain Sight
- LS2 Partners with Angels Of Dirt's "Next Chapter Racer" Series Celebrating Women and Girls in Motorsports