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Management Shakeup Continues at Canoo

2 min read

The management shakeup at Canoo Inc. continues, as Vice President of Manufacturing Frank Faga and Vice President of Investor Relations Kamal Hamid have recently left the company, Business Insider reports.

In November, Canoo announced it would move its headquarters to northwest Arkansas and employ 500 people in Benton and Washington counties. Specific sites have yet to be announced.

Faga and Hamid were not listed as members of the management team on the company’s website on Monday morning, nor were they among executives listed in a December news release announcing three new executives. That same release announced that four other executives would take on additional duties.

CEO Tony Aquila spoke about these changes in a Feb. 7 Executive Q&A with Arkansas Business.

The new executives were Chief Technology Officer of Automotive Sohel Merchant; Executive Vice President of Operations Dan Harlow; and Chief Information Officer Ram Balasubramanian.

Merchant joined the company in 2017 as one of its founders. He was most recently senior vice president of complete vehicle engineering at Canoo and has 20 years of experience in the automotive industry, including executive positions at Tesla and The Ford Motor Co.

Harlow has held senior management positions in the automotive industry, including at GM and Delphi.

Balasubramanian has held senior technology management positions for more than two decades at companies including Salesforce.com, Motorola Solutions and PepsiCo.

Key executives taking on expanded responsibilities include:

  • President Josette Sheeran, who joined the company last year and has been leading government affairs and sustainability. He will oversee, on an interim basis, sales, marketing and communications.
  • Chief Design Officer Richard Kim, who joined the company in 2017 as one of its founders, will take over creative content and, on an interim basis, merchandising.
  • Senior Vice President Finance and Chief Accounting Officer Ramesh Murthy, who joined the company last year, will serve as interim CFO. He replaces Renato Giger, who became advisor to the CFO and the Audit Committee of the board.

In addition, former CTO Peter Savagian left the company at the end of 2021.

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