BOSTON–(Small business WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a main service provider of fleet electrification alternatives for professional autos in North The usa, nowadays announced the addition of Cielo M. Hernandez as Chief Economical Officer of XL Fleet. As CFO, Hernandez will oversee the Company’s fiscal organization, including fiscal reporting, financial organizing, inner controls, as effectively as treasury. Hernandez’s in depth practical experience and ability will also contribute to strategic preparing, M&A, and trader relations.
“We are incredibly excited to welcome Cielo to our management group,” reported Dimitri Kazarinoff, Chief Executive Officer of XL Fleet. “Cielo is a superior-caliber finance executive whose in depth knowledge driving growth, operational improvements and practical excellence positions her extremely very well to direct XL Fleet’s finance corporation and produce sizeable price to our stakeholders. I search forward to operating closely with Cielo as we continue on to execute on our growth system as a general public organization.”
Hernandez is a finance qualified with much more than 25 yrs of knowledge, with an substantial track report of foremost world groups and strategies for the two publicly traded and non-public organizations. She has held several positions in finance, operations, procurement and information and facts methods, and prior to becoming a member of XL Fleet, served as Senior Vice President and Chief Economic Officer of South Jersey Industries, Inc., a publicly traded power utility company. She formerly served as Vice President and Main Monetary Officer for the North America location at A.P. Moeller Maersk A/S, and held leadership roles at APM Terminals, Amcor and DIRECTV.
“Cielo’s robust finance and accounting background at both equally general public and private companies is well-aligned with XL Fleet’s advancement trajectory, and her strategic money management is immensely beneficial at a significant time in our company’s evolution,” said Tod Hynes, Founder and President of XL Fleet. “We search forward to Cielo’s contributions toward our ongoing advancement and our mission of top electrification throughout the world commercial fleet area.”
Hernandez gained her undergraduate diploma in Accounting from Universidad Santiago de Cali, Colombia. She also holds a Master of Enterprise Administration diploma with specialization in Worldwide Enterprise from the University of Miami. Hernandez is a Licensed Public Accountant and holds a Certification in Human Methods Talent Administration from Universidad Santiago de Cali, Colombia as nicely as Certifications in Govt Management and Substantial-Effectiveness Leadership from Cornell College, and Strategic Leadership and Bettering the Organization from IMD College Switzerland. Hernandez is a Board member of Rowan University Foundation and was named as just one of South Jersey Biz’s Women to Watch for 2020.
About XL Fleet
XL Fleet is a main service provider of fleet electrification alternatives for commercial vehicles in North The us, with far more than 150 million miles driven by consumers these kinds of as The Coca-Cola Business, Verizon, Yale College and the City of Boston. XL Fleet’s hybrid and plug-in hybrid electrical travel methods can raise fuel economy up to 25-50 p.c and reduce carbon dioxide emissions up to 20-33 percent, decreasing working costs and conference sustainability targets though improving fleet functions. XL Fleet’s plug-in hybrid electric powered travel process was named a person of TIME magazine’s best inventions of 2019. For more info, you should visit www.xlfleet.com.
Ahead Wanting Statements
Specified statements in this press launch might constitute “forward-hunting statements” within the this means of the federal securities regulations. Ahead-searching statements frequently are accompanied by words and phrases these as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and equivalent expressions that predict or suggest upcoming situations or tendencies or that are not statements of historical matters. These statements are primarily based on different assumptions, no matter whether or not discovered in this push release, and on the present-day expectations of management and are not predictions of precise effectiveness. Ahead-on the lookout statements are matter to a selection of challenges and uncertainties that could result in actual benefits to vary materially from the forward-on the lookout statements, together with but not limited to failure to recognize the predicted added benefits from the organization mix the effects of pending and long term legislation the highly competitive character of the Company’s business enterprise and the commercial car or truck electrification industry litigation, issues, product or service legal responsibility claims and/or adverse publicity price boosts or shortages in the elements or chassis vital to guidance the Company’s merchandise and solutions the introduction of new technologies the affect of the COVID-19 pandemic on the Company’s organization, results of operations, money condition, regulatory compliance and consumer encounter the probable decline of specific major shoppers privateness and data security guidelines, privateness or details breaches, or the loss of knowledge general financial, economical, legal, political and small business disorders and adjustments in domestic and foreign marketplaces the incapacity to convert its gross sales possibility pipeline into binding orders challenges relevant to the rollout of the Company’s business enterprise and the timing of expected small business milestones the consequences of opposition on the Company’s potential small business the availability of money and the other hazards mentioned below the heading “Risk Factors” in our Annual Report on Variety 10-K submitted on March 31, 2021 and other documents that the Corporation files with the SEC in the potential. If any of these risks materialize or our assumptions establish incorrect, true final results could vary materially from the outcomes implied by these forward-wanting statements. These ahead-seeking statements converse only as of the day hereof and the Firm specifically disclaims any obligation to update these forward-seeking statements.
