Eric Purcell Joins Lordstown Motors As Vice President of Global Quality Tasked With Ensuring Continual, Rigorous Compliance of Product Quality Standards
August 16 2021 - 7:00AM
Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a
leader in electric light duty trucks focused on the commercial
fleet market, has announced automotive industry veteran Eric
Purcell will be joining the company as Vice President of Global
Quality, effective August 16, 2021. Mr. Purcell will be responsible
for implementing and overseeing the company’s quality standards
ahead of the start of production of the Lordstown Endurance. He
will report to Lordstown Motors President, Rich Schmidt, and work
closely with leaders across Operations, Engineering, Warranty,
Sales and Service.
“As we ramp up to production and the beginning
of vehicle delivery, it is absolutely crucial that we have the
strongest and best set of executives in place to ensure Lordstown
Motors’ success which is why Eric Purcell is an obvious and natural
addition to our team,” said Rich Schmidt, Lordstown Motors
President. “Eric has the necessary quality experience in the
automotive industry and a strong track record of building and
leading teams, and I look forward to working side-by-side with him
as we get the Endurance on the road.”
As Vice President of Global Quality, Mr. Purcell
will play a pivotal role in ensuring the continual compliance of
quality standards for Lordstown Motors products and processes to
ensure vehicle reliability, durability and safety. He will work
across all functions to develop and implement strategic initiatives
to achieve annual objectives for Safety, Quality, Delivery,
Productivity and Cost at all LMC locations globally.
“I have had my eyes on Lordstown Motors since
they said they’d be producing a full-size, all-electric pickup
truck with in-wheel hub motors. It’s that kind of innovation and
history-making commitment I’m attracted to, both professionally and
personally, and I am eager to get started,” said Mr. Purcell.
“Lordstown Motors is changing the game, and I’m honored to have a
seat at the table.”
Mr. Purcell’s career encompasses 25 years of
producing results and demonstrating year-over-year improvements
with respect to safety, quality, efficiency, cost and timing,
including more than 20 years in the automotive industry. He has a
proven track record as a strong and decisive operations leader,
most recently with Gibson Brands, where he managed policy
deployment in the areas of lean manufacturing, quality, cost
reduction, safety, customer satisfaction, employee relations,
visual controls and overall plant performance, and was responsible
for overseeing the company's five site global footprint. During his
time as Director of Manufacturing at Tesla, he was responsible for
both Model S and Model X body and stamping shops overseeing a team
of more than 1,000 engineers, technicians and associates. During
his tenure, he drove a production output increase of 35% and labor
content reduction of 33% and reprioritized a previously deployed
Capex budget toward higher impact projects with simplified project
scope saving $3M while reducing unnecessary risk. Prior to Tesla,
Mr. Purcell held senior-level positions at both Kia and Nissan.
About Lordstown Motors
Corp.Lordstown Motors is an Ohio-based original equipment
manufacturer of light duty fleet vehicles created with the purpose
of transforming Ohio's Mahoning Valley and Lordstown, Ohio into the
epicenter of electric-vehicle manufacturing. The company owns the
640 acre, 6.2 million square foot Lordstown Assembly Plant where it
plans to build the Lordstown Endurance, believed to be the world's
first full-size, all-electric pickup truck designed to serve the
commercial fleet market. For additional information visit
www.lordstownmotors.com.
Forward Looking StatementsThis
press release includes forward-looking statements. These statements
are made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These statements may be
identified by words such as “feel,” “believes,” expects,”
“estimates,” “projects,” “intends,” “should,” “is to be,” or the
negative of such terms, or other comparable terminology.
Forward-looking statements are statements that are not historical
facts. Such forward-looking statements are not guarantees of future
performance and are subject to risks and uncertainties, which could
cause actual results to differ materially from the forward-looking
statements contained herein due to many factors, including, but not
limited to: our limited operating history and our significant
projected funding needs; risks associated with the conversion and
retooling of our facility and ramp up of production; our inability
to obtain binding purchase orders from customers and potential
customers’ inability to integrate our electric vehicles into their
existing fleets; our inability to retain key personnel and to hire
additional personnel; competition in the electric pickup truck
market; our inability to develop a sales distribution network; and
the ability to protect our intellectual property rights. Any
forward-looking statements speak only as of the date on which they
are made, and Lordstown Motors undertakes no obligation to update
any forward-looking statement to reflect events or circumstances
after the date of this press release.
Contacts
InvestorsCarter
DriscolllordstownIR@icrinc.com
MediaRyan
Hallettlordstownmotors@ottoandfriends.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/99108b9c-c49a-43d0-8bc5-1f2efe06bf83
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