– USA, OH – Workhorse Group Inc. (NASDAQ: WKHS), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the appointment of Rick Dauch to its Board of Directors as CEO, effective August 2nd, 2021, succeeding Duane Hughes who has served as CEO from February 2019 to August 1, 2021.
“We are pleased to announce Rick Dauch’s appointment as CEO. He is a strong executive with more than 25 years of industry experience, including 12 years serving in CEO roles with private and publicly traded companies,” said Board chairman, Ray Chess. “Rick’s proven team leadership capabilities, industry expertise, customer focus and successful operational track record make him ideally suited to lead Workhorse into its next phase of operational ramp-up and growth during this dynamic industry shift to electric last mile delivery services.”
About Rick Dauch
Rick Dauch previously served as the CEO of Delphi Technologies where he completed the spin-off from Aptiv and then executed a merger with BorgWarner in October 2020. From February 2011 to January 2019, he served as the President and CEO of Accuride Corporation, a leading supplier of wheel end systems to the global commercial vehicle industry. Before that, Dauch was President and CEO of Acument Global Technologies, the preeminent global fastening solutions provider to the aerospace, automotive, heavy-duty truck, industrial, and non-automotive transportation markets. He joined Acument following a 13-year career with American Axle and Manufacturing, where he last served as Executive Vice President of Worldwide Manufacturing for the global automotive supplier of driveline and chassis systems.
Rick Dauch began his career with United Technologies. He previously served as an Officer in the U.S. Army for seven years after earning a bachelor’s degree from the United States Military Academy at West Point, where he was a four-year football letterman.
Dauch said: “This is an exciting time to be a part of and lead the Workhorse team as we continue to ramp up operations, integrate our supply base and refine last-mile delivery solutions to meet the needs of our expanding customer base. Our goal is to serve our clients with an industry-leading portfolio of last-mile delivery solutions including electric truck and drone delivery technologies. I look forward to working with our team in creating industry-leading value for our customers and shareholders as we execute our transition from an advanced technology start-up to a leading manufacturer of last-mile delivery solutions.”
He holds a Master’s degree in management and a Master’s degree in engineering from the Massachusetts Institute of Technology, where he was a fellow in the Leaders for Manufacturing program.
About Workhorse Group Inc.
Workhorse, the industry leader in last-mile EV delivery, is a technology company focused on providing drone-integrated electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, Workhorse designs and builds high-performance, battery-electric vehicles including trucks and aircraft. Workhorse also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with our vehicles and enable fleet operators to optimize energy and route efficiency. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment.
For more information: https://workhorse.com/
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