Getaround Appoints New Independent Directors to Its Board
10 Mayo 2024 - 3:15PM
Business Wire
Nikul Patel, Neil Savage and Qais Sharif bring
significant expertise in governance, strategy and product
development
Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the
world’s first connected carsharing marketplace, today announced
three new additions to its Board of Directors. Nikul Patel, Neil
Savage and Qais Sharif effective May 6, 2024. They will join
existing directors Jason Mudrick, Bruno Bowden, Ravi Narula, Sam
Zaid and Chief Executive Officer Eduardo Iniguez on the Board. All
three bring extensive public company senior management experience
to Getaround’s Board and meet the New York Stock Exchange’s
independent director standard, strengthening the Company’s
corporate governance.
“I am pleased to welcome Nikul, Neil and Qais to our Board after
an extensive search process to identify candidates with a breadth
of domain expertise, expansive networks and experience scaling
businesses. Our new directors join us at a pivotal time for
Getaround, complementing the recent management changes and renewed
focus on profitability, ” said Jason Mudrick, Getaround’s Chairman
of the Board.
Nikul Patel is the Founder and CEO of LoanGlide, Inc., an
embedded financing platform for personal loans. Prior to LoanGlide,
Mr. Patel held several senior management positions at LendingTree,
Inc., including Chief Strategy Officer, Chief Operating Officer,
and Chief Product Officer. Prior to joining LendingTree, Mr. Patel
held various leadership positions at Bills.com, Inc. and Intel
Corporation. Mr. Patel serves as a director of Data Axle, Inc., and
Skyline Champion Corporation. He holds an MBA from the Wharton
School of the University of Pennsylvania, an MS in Computer
Engineering from Florida Atlantic University, and a BS in
Electronics and Communication Engineering from Gujarat
University.
Neil Savage served as Chief Revenue Officer and then President
and Chief Operating Officer of LendingTree where he was responsible
for overall company revenue and then management of the company’s
day-to-day operations. Prior to LendingTree, he held senior roles
at CBS Corporation, CityGrid Media, LLC, and YellowPages.com. He
holds an MA in Computer Resources and Information Management from
Webster University and a BS in Business Management from the
University of South Carolina.
Qais Sharif has had a distinguished career building and bringing
new technologies to worldwide markets. He has held various global
management positions at Visteon Corporation, where he currently
serves as Senior Vice President and General Manager of the Americas
and Energy Storage Solutions. Prior to Visteon, he was Vice
President, IT & Mobile USA Sales and Marketing, for LG
Electronics Inc.’s consumer and automotive display markets.
Previous to that, he held global senior leadership roles at TE
Connectivity, Sharp Microelectronics and Toshiba. He holds a BS in
Electrical Engineering from Southern Illinois University.
About Getaround
Offering a digital experience, Getaround (NYSE: GETR) makes
sharing cars and trucks simple through its proprietary cloud and
in-car Getaround Connect® technology. The company empowers
consumers to shift away from car ownership through instant and
convenient access to desirable, affordable, and safe cars from
entrepreneurial hosts. Getaround’s on-demand technology enables a
contactless experience — no waiting in line at a car rental
facility, manually completing paperwork or meeting anyone to
collect or drop off car keys. Getaround’s mission is to utilize its
peer-to-peer marketplace to help solve some of the most pressing
challenges facing the world today, including environmental
sustainability and access to economic opportunity. Launched in
2011, Getaround is available today in more than 1,000 cities across
8 countries including the United States and Europe. For more
information, please visit https://www.getaround.com/.
Forward Looking Statements
Certain statements in this press release may constitute
“forward-looking statements” within the meaning of the federal
securities laws. Forward-looking statements generally relate to
future events, such as statements by Getaround’s chairman, Jason
Mudrick, statements regarding the Company’s financial discipline
and operational execution, the Company achieving profitable growth,
its expected performance, its “path to profitability”, and
“sustainable growth”. In some cases, you can identify
forward-looking statements by terminology such as “intends,”
“plans,” and “will,” or the negative of these terms or variations
of them or similar terminology. We have based these forward-looking
statements on our current expectations and assumptions and analyses
made by us in light of our experience and our perception of
historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate
under the circumstances. However, whether actual results and
developments will conform with our expectations and predictions is
subject to a number of risks and uncertainties, many of which are
beyond our control, including the Company’s ability to continue to
comply with applicable listing standards of the NYSE; and the other
factors under the heading “Risk Factors” in our Annual Report on
Form 10-K filed with the SEC on November 16, 2023, and in other
filings that the Company has made and may make with the SEC in the
future. All of the forward-looking statements made in this press
release are qualified by these cautionary statements. The actual
results or developments anticipated may not be realized or, even if
substantially realized, they may not have the expected consequences
to or effects on the Company or our business or operations. Such
statements are not intended to be a guarantee of future performance
and actual results or developments may differ materially from those
projected in the forward-looking statements. You should not place
undue reliance on these forward-looking statements, which are made
only as of the date hereof. We undertake no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required
under applicable securities laws.
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Investors: investors@getaround.com
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