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Serve Robotics Announces Nomination of David Goldberg to its Board of Directors

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Serve Robotics (Nasdaq: SERV) has nominated David Goldberg to stand for election to its Board of Directors at the 2024 Annual Meeting of Stockholders. With over 20 years of experience, Goldberg has held significant roles in the finance and mobility sectors, most recently serving as CFO of REE Automotive. He has also been a strategic advisor at Magna International and a Managing Director at Greenhill & Co. Goldberg holds a Business Administration degree from the Ivey Business School at Western University. Ali Kashani, Chairman of Serve's Board, emphasized the value Goldberg's expertise will bring to the company.

Positive
  • Nomination of David Goldberg, a highly experienced finance executive, to the Board.
  • Over 20 years of experience in finance and strategic advisory roles.
  • Proven track record in creating shareholder value.
  • Previous roles include CFO of REE Automotive and strategic positions at Magna International.
  • Educational background in Business Administration from a prestigious university.
Negative
  • No immediate impact on financial performance.
  • Potential uncertainty until the election at the 2024 Annual Meeting.
  • Heavy reliance on Goldberg's expertise to drive future success.

Experienced Finance Executive to Stand for Election at 2024 Annual Meeting

SAN FRANCISCO, June 5, 2024 /PRNewswire/ -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the nomination of David Goldberg to stand for election to its Board of Directors (the "Board") at Serve's 2024 Annual Meeting of Stockholders.

Mr. Goldberg brings over 20 years of experience as a finance executive and strategic advisor across the automotive and mobility, finance, and strategy consulting industries. He most recently served as the Chief Financial Officer of REE Automotive, Ltd. (Nasdaq: REE), an electric vehicle developer and manufacturer. Before joining REE Automotive, Mr. Goldberg held various roles at Magna International (NYSE: MGA), including SVP of Corporate Development and VP of Finance and Corporate Development, in which he drove new partnerships, strategic investments, and due diligence on mobility and technology companies. He previously served as a Managing Director at Greenhill & Co.

Mr. Goldberg holds a degree in Business Administration from the Ivey Business School at Western University.

"We are fortunate to be able to nominate David and look forward to the strategic insights, energy and perspectives that he will bring to our Board. He brings deep financial expertise, capital markets experience, and industry leadership with a proven track record of taking action to create shareholder value," said Ali Kashani, Chairman of Serve's Board.

About Serve Robotics

Backed by Uber and NVIDIA, Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets.

For further information about Serve Robotics (Nasdaq: SERV), please visit www.serverobotics.com or follow us on social media via X (Twitter), Instagram, or LinkedIn @serverobotics.

Contacts

Aduke Thelwell
Head of Communications & Investor Relations
Serve Robotics
aduke.thelwell@serverobotics.com
347-464-8510

CORE IR
investor.relations@serverobotics.com

Cision View original content:https://www.prnewswire.com/news-releases/serve-robotics-announces-nomination-of-david-goldberg-to-its-board-of-directors-302164171.html

SOURCE Serve Robotics Inc.

FAQ

Who has been nominated to Serve Robotics' Board of Directors in 2024?

David Goldberg has been nominated to Serve Robotics' Board of Directors.

What is David Goldberg's professional background?

David Goldberg has over 20 years of experience in finance and strategy consulting, including roles as CFO of REE Automotive and strategic advisor at Magna International.

When will David Goldberg stand for election to Serve Robotics' Board?

David Goldberg will stand for election at Serve Robotics' 2024 Annual Meeting of Stockholders.

What is the stock symbol for Serve Robotics?

The stock symbol for Serve Robotics is SERV.

What qualifications does David Goldberg bring to Serve Robotics?

David Goldberg brings deep financial expertise, capital markets experience, and a track record of creating shareholder value.

Serve Robotics Inc.

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