Ree Automotive appoints a Board of Directors

Mr. Carlton Rose has been appointed Chairman of its Board of Directors

Tel Avin, Israel- REE Automotive Ltd., an automotive technology company and provider of full by-wire electric trucks and platforms, announced that Mr. Carlton Rose has been appointed Chairman of its Board of Directors (Board), effective upon his re-election to the Board at REE’s 2023 Annual Meeting of Shareholders scheduled for October 16, 2023 (AGM). 

Mr. Daniel Barel, CEO and co-founder of REE Automotive said that, I would like to congratulate Carlton on his appointment as Chairman in such a critical time for REE as we get ready to start deliveries and services, ramp up manufacturing, and accelerate growth. "Carlton's leadership and distinctive industry perspective, coupled with his capacity to clearly see why REE's technology and business model puts us apart, combined with his decades of experience working in the global fleet industry, set us apart. Since being appointed to the board at the beginning of June, Carlton has already contributed greatly, and I am looking forward to continuing to collaborate closely with him.

Mr. Carlton Rose  said that, I have been around trucks my entire life, and I have a good understanding of what good looks like. REE’s technology is a game changer in the industry. “The U.S. commercial fleet market is on the cusp of a major transformation due to the move towards electrification. This shift offers benefits that extend beyond carbon neutrality, fundamentally changing how companies build, acquire, manage, and maintain their fleets. In the next few quarters, we expect to see crucial milestones for the company. Our understanding of our customers and our partners will be vital as we build out our fleet relationships, continue to expand our dealer network, and bring winning reliable technology to the market. I have been following REE closely for the past four years and as I have always said, ‘better is before us,’ and REE will be an essential part of achieving better.”