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Proterra announces appointment of automotive industry leader Roger Nielsen to its Board of Directors

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Proterra (NASDAQ: PTRA) announces the appointment of Roger Nielsen to its board of directors, effective March 2, 2022, while Jochen Goetz resigns to focus on other commitments. Nielsen brings 35 years of experience from Daimler Trucks, where he led advancements in electrification for commercial vehicles. His expertise is expected to bolster Proterra's mission of enhancing zero-emissions transportation. Goetz departs after four years of service, contributing to Proterra's transition to a public company.

Positive
  • Roger Nielsen's extensive experience in commercial vehicle electrification enhances Proterra's board.
  • Nielsen's leadership at Daimler Trucks supports Proterra’s growth in zero-emission technologies.
Negative
  • Jochen Goetz's departure may create a gap in board continuity.

BURLINGAME, Calif., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial vehicle electrification technology, today announced the appointment of Roger Nielsen to the company’s board of directors effective March 2, 2022. The company also announced that Jochen Goetz will be stepping down from the company’s board effective March 2, 2022 so that he may focus on his other professional responsibilities.

Mr. Nielsen fills the vacancy on the Proterra board created by the departure of John F. Erhard of ArcLight Capital.

Mr. Nielsen is a leader in commercial vehicle product development, having recently retired from Daimler Trucks, a global leading commercial vehicle manufacturer, after a 35-year career that included serving as President and CEO of Daimler Trucks North America. During his time at Daimler Trucks, Mr. Nielsen spearheaded the company’s significant advancements in the electrification of its heavy and medium duty trucks and school buses.

Mr. Goetz leaves the Proterra board after four years of service and assisting the company in its transition to a public company. “Proterra thanks Jochen for his invaluable contributions to our company over the past four years and wish him well with his future endeavors,” said Jack Allen, Chairman of Proterra’s board of directors. “We are delighted to add Roger’s extensive knowledge and experience as a leader in the commercial vehicle market to our company’s board. Roger’s strong track record of developing innovative products will support Proterra’s growth and mission as we work to deliver best-in-class technology solutions to electrify commercial vehicles.”

“Having worked with the Proterra team during my time at Daimler, I’ve seen first-hand how Proterra is transforming commercial vehicles with industry-leading EV technology solutions. I’m looking forward to joining the company’s board of directors at this important moment for electrification as our journey towards zero-emissions transportation continues,” said Mr. Nielsen.

Mr. Nielsen served as President and Chief Executive Officer of Daimler Trucks North America from April 2017 to April 2021, with responsibility for all aspects of Daimler Trucks North America and its affiliated companies in the Western Hemisphere, Australia and New Zealand. From May 2001 to April 2017, Mr. Nielsen served as Daimler Trucks North America's Chief Operating Officer with responsibility for the company's manufacturing network in Mexico, the U.S. and Canada, as well as all levels of operations in quality, supplier management, logistics and application engineering. Beginning in 2001, he also served on the boards of subsidiaries, Thomas Built Bus and Freightliner Custom Chassis Corporation, serving as the chairman of both entities from April 2017 to April 2021. From 2001 until their divestitures in 2003 and 2005, respectively, Mr. Nielsen was vice-chairman of Orion Bus Industries and American LaFrance. Mr. Nielsen earned a Bachelor of Science degree in Industrial Engineering from Oregon State University.

About Proterra

Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. For more information, visit www.proterra.com.


FAQ

What is the significance of Roger Nielsen's appointment to Proterra's board?

Roger Nielsen's appointment is crucial due to his extensive background in commercial vehicle electrification, which will aid Proterra's growth.

Why is Jochen Goetz stepping down from Proterra's board?

Jochen Goetz is stepping down to focus on other professional responsibilities after four years of service.

When will Roger Nielsen officially join Proterra's board?

Roger Nielsen will officially join Proterra's board on March 2, 2022.

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