Hyliion Names Commercial Transportation Industry Veteran Cheri Lantz as Chief Strategy Officer
March 08 2022 - 8:00AM
Business Wire
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in
electrified powertrain solutions for Class 8 commercial
semi-trucks, has announced that Cheri Lantz has joined the company
as Chief Strategy Officer.
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Lantz brings with her over 20 years of experience developing
growth strategies for technology companies and manufacturers in the
mobility sector. Lantz will continue to define and drive forward
Hyliion’s strategic roadmap as it expands into Fuel Agnostic and
Hydrogen Fuel Cell generator technology and advanced software
solutions. She will also play a central role in shaping and leading
strategic partnerships as the company takes definitive steps in
advancing its technology roadmap.
Most recently, Lantz served as Vice President of Strategy for
the Transportation Solutions Segment at TE Connectivity, where she
was responsible for helping shape a forward-looking strategy within
the Automotive, Commercial Vehicle, and Sensors industries. Prior
to joining TE Connectivity, Lantz served as the Chief Strategy
Officer and executive leader responsible for advanced engineering
and global test labs at Meritor, Inc. While in this role, Lantz led
the development of corporate strategies, shaped the M&A vision,
and helped drive commercialization of the new electric mobility
strategy.
Additionally, Lantz spent many years advising Fortune 500
companies on growth and operational excellence while a strategist
with Boston Consulting Group and Booz & Company. She holds
three degrees from the University of Michigan, including an MBA
from the Ross School of Business with a focus on corporate strategy
and economics, a master’s degree in Manufacturing Engineering, and
a bachelor’s degree in Science in Chemical Engineering.
“Cheri is a recognized industry leader with an impressive
breadth of experience in business strategies for commercial vehicle
companies," said Thomas Healy, founder and CEO of Hyliion. “With
her extensive background in driving new electrification
technologies, Cheri’s ability to assess and leverage growth
opportunities will undoubtedly benefit Hyliion as we continue to
implement our strategic roadmap,” Healy added.
“I am thrilled to join such a talented team and a company whose
mission is to electrify commercial trucking in a way that benefits
both fleets and the environment,” said Lantz. “I look forward to
building upon the actions the Hyliion team has taken already and
accelerating the path forward to develop leading-edge technology
that can truly transform commercial transport, and in so doing,
change the world.”
About Hyliion
Hyliion’s 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 2022 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 2022 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 filed with the
Securities and Exchange Commission (the “SEC”) on February 24, 2022
for the year ended December 31, 2021. 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 different 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/20220308005563/en/
Hyliion Holdings Corp. Ryann Malone
press@hyliion.com (833) 495-4466
Sharon Merrill Associates, Inc. Nicholas Manganaro
hyln@investorrelations.com (617) 542-5300
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