Hyliion Announces Automotive Industry Veteran Mary Gustanski to Join Board of Directors
August 26 2021 - 8:30AM
Business Wire
Former Senior Vice President and Chief
Technology Officer of Delphi Technologies brings deep engineering
and electrification technology experience
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in
electrified powertrain solutions for Class 8 semi-trucks, today
announced that Mary Gustanski will join its board of directors.
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Gustanski has spent her nearly 40-year career bringing new
technology to market in the ever-evolving automotive industry, with
an emphasis on the development and commercialization of innovative
solutions. As Senior Vice President and Chief Technology Officer of
Delphi Technologies—formerly Delphi Automotive—she was responsible
for the company’s global technology production, including advanced
propulsion systems for future vehicle electrification.
During Gustanski’s tenure at Delphi, she held a number of senior
executive positions, including serving on Delphi Powertrain’s
executive staff where she was responsible for engineering,
operations and customer satisfaction, and on the corporate
engineering team as the Vice President of Engineering and Program
Management.
“Mary’s deep technological expertise with electrification,
powertrain and fuel-cell technology, coupled with her impressive
experience developing and bringing to market future-looking
automotive solutions, adds tremendous value to Hyliion at a true
inflection point in our commercialization process,” said Hyliion
CEO Thomas Healy. “We are confident that we will benefit greatly
from Mary’s skillset and guidance as we adhere to our
commercialization timelines and execute upcoming business
milestones for the benefit of our stakeholders and commercial
fleets globally.”
Gustanski has been recognized as one of the “100 Leading Women
in the North American Auto Industry” by Automotive News and was
named on the 50 Power List by Motor Trend. She was also presented
with the 2019 Engineering Achievement Alumni Award from Kettering
University. Gustanski earned a bachelor’s degree in Mechanical
Engineering as well as a master’s degree in Manufacturing
Management from Kettering University.
About Hyliion
Hyliion Holdings Corp.’s (NYSE: HYLN) mission is to reduce the
carbon intensity and greenhouse gas (GHG) emissions of Class 8
commercial trucks by being a leading provider of electrified
powertrain solutions. Leveraging advanced software algorithms and
data analytics capabilities, Hyliion offers fleets an easy,
efficient system to decrease fuel and operating expenses while
seamlessly integrating with their existing fleet operations.
Headquartered in Austin, Texas, Hyliion designs, develops, and
sells electrified powertrain solutions that are designed to be
installed on most major Class 8 commercial trucks, with the goal of
transforming the commercial transportation industry’s environmental
impact at scale. For more information, visit www.hyliion.com.
Forward-Looking Statements
The information in this press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements, other than statements of
present or historical fact included in this press release,
regarding Hyliion and its future financial and operational
performance, as well as its strategy, future operations, estimated
financial position, estimated revenues, and losses, projected
costs, prospects, plans and objectives of management are forward
looking statements. When used in this press release, including any
oral statements made in connection therewith, the words “could,”
“should,” “will,” “may,” “believe,” “anticipate,” “intend,”
“estimate,” “expect,” “project,” the negative of such terms and
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such identifying words. These forward-looking statements are based
on management’s current expectations and assumptions about future
events and are based on currently available information as to the
outcome and timing of future events. Except as otherwise required
by applicable law, Hyliion expressly disclaims any duty to update
any forward-looking statements, all of which are expressly
qualified by the statements herein, to reflect events or
circumstances after the date of this press release. Hyliion
cautions you that these forward-looking statements are subject to
numerous risks and uncertainties, most of which are difficult to
predict and many of which are beyond the control of Hyliion. These
risks include, but are not limited to, Hyliion’s ability to disrupt
the powertrain market, Hyliion’s focus in 2021 and beyond, the
effects of Hyliion’s dynamic and proprietary solutions on its
commercial truck customers, accelerated commercialization of the
Hypertruck ERX, the ability to meet 2021 and future product
milestones, the impact of COVID-19 on long-term objectives, the
ability to reduce carbon intensity and greenhouse gas emissions and
the other risks and uncertainties set forth in “Risk Factors”
section of Hyliion’s annual report on Form 10-K/A filed with the
Securities and Exchange Commission (the “SEC”) on May 17, 2021 for
the year ended December 31, 2020. Given these risks and
uncertainties, readers are cautioned not to place undue reliance on
such forward-looking statements. Should one or more of the risks or
uncertainties described in this press release occur, or should
underlying assumptions prove incorrect, actual results and plans
could differ materially from those expressed in any forward-looking
statements. Additional information concerning these and other
factors that may impact Hyliion’s operations and projections can be
found in its filings with the SEC. Hyliion’s SEC Filings are
available publicly on the SEC’s website at www.sec.gov, and readers
are urged to carefully review and consider the various disclosures
made in such filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20210826005243/en/
Hyliion Holdings Corp. Press Contact Ryann Malone
press@hyliion.com (833) 495-4466
Investor Contact Louis Baltimore ir@hyliion.com (833)
495-4466
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