Tuesday, November 20, 2018 9:24:56 PM
ELECTRA MECCANICA APPOINTS THE HONOURABLE JACK AUSTIN TO BOARD OF DIRECTORS
6 HOURS AGO BY
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ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric vehicles, today appointed the Honourable Jack Austin to the Electra Meccanica Board of Directors. Mr. Austin's appointment increases the total number of board members to seven, with five independent members.
Mr. Austin brings to Electra Meccanica a distinguished career of more than 50 years, including the teaching and practice of business law, experience as a corporate executive, and extensive experience in public policy. He served as a Deputy Minister, Principal Secretary to Prime Minister Pierre Elliot Trudeau, as a Senator representing British Columbia, and as Cabinet Minister in the Governments of Prime Minister Pierre Trudeau and Prime Minister Paul Martin. Mr. Austin served as President of the Canada China Business Council from 1993 to 2000, and for the following three years as Vice-Chairman.
Mr. Austin retired from the Canadian Senate in 2007 and resumed his activity in the private sector, during which time he served on the advisory council of several leading academic institutions, including the University of British Columbia and Simon Fraser University.
"We are truly honored to have Jacob Austin join our board of directors," said Steven Sanders Chairman of Electra Meccanica. "Mr. Austin is a visionary policy maker and businessman, with extensive experience in international business. His unique combination of business acumen, industry ties and a deep passion for our environment makes Mr. Austin an ideal fit for our board of directors. I look forward to his contributions during this exciting time for Electra Meccanica."
"As a businessman, former senator and strong proponent of a clean energy future, I am very pleased to join the Electra Meccanica Board of Directors," said Jack Austin. "The Company's vehicles are well-engineered, affordable, efficient and most importantly - fun. I look forward to leveraging my experience to advise management on its strategic initiatives to increase shareholder value and accelerate the adoption of its innovative electric vehicles worldwide."
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