NEW
YORK, Sept. 19, 2022 /PRNewswire/ --
Ideanomics (NASDAQ: IDEX), a global company focused on
accelerating the commercial adoption of electric vehicles,
announced today that Stephen
Johnston has been named the company's new Chief Financial
Officer, effective immediately.
"I am excited to welcome Stephen to Ideanomics. His extensive
experience in finance and the automotive industry makes him an
invaluable part of the team," states Alf
Poor, Ideanomics Chief Executive Officer. "My belief is that
Stephen is exactly the right person to ensure that Ideanomics can
consistently deliver on our financial obligations and maintain
strong capital discipline as we continue our strategy
execution."
Johnston comes to Ideanomics with 30 years of
diverse, global experience and will be responsible for the
company's financial strategy and activities including accounting,
financial controlling, financial reporting, treasury, and tax
matters worldwide.
Before joining Ideanomics, Johnston served as the Chief
Financial Officer of Dura Automotive Systems, a global automotive
supplier. His extensive experience in finance spans
manufacturing and automotive engineering industries with national
and global companies like Tower Automotive and Nexteer
Automotive.
"Ideanomics is a dynamic company with technology
enabled product and service offerings aligned to benefit from the
acceleration in mobility electrification," says Johnston. "It is an
honor to be a part of the Ideanomics leadership team and to be
given this opportunity to help the company realize its growth
potential."
Johnston is a certified public accountant (CPA) and a member of
the Michigan Association of CPAs and the American Institute of
CPAs.
Ideanomics is solving the complexity of fleet electrification by
bringing together high-performance electric vehicles, charging
infrastructure, and financing solutions under one roof. Through its
three verticals, Mobility, Energy and Capital, the company provides
turnkey commercial electrification solutions for customers, no
matter where they are on their electrification journey.
About Ideanomics
Ideanomics
(NASDAQ: IDEX) is a global group
with a simple mission: to accelerate the commercial adoption of
electric vehicles. By bringing together vehicles and charging
technology with design, implementation, and financial services, we
provide solutions for the commercial world to commit to an
EV future. To keep up with Ideanomics, please
follow the company on social @ideanomicshq or
visit: https://ideanomics.com.
Safe Harbor Statement
Any statements contained
in this press release that do not describe historical facts may
constitute forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, including
statements regarding the expected timing for the filing of the Form
10-K, the Company's ability to regain compliance with the
Nasdaq requirements for continued listing and related
matters. These forward-looking statements are often identified by
the use of forward-looking terminology such as "believes,"
"expects," or similar expressions that involve known and unknown
risks and uncertainties. Any forward-looking statements contained
herein are based on current expectations, but are subject to risks
and uncertainties that could cause actual results to differ
materially from those indicated, including, but not limited to,
risks and uncertainties relating to the failure of the Company to
file the Form 10-K on its expected timeline and other risk factors
discussed from time to time in the Company's filings with the SEC.
These and other factors are identified and described in more detail
in the Company's filings with the SEC, including, without
limitation, the Company's most recent Form 10-K and Form 10-Q. The
Company expressly disclaims any intent or obligation to update
these forward-looking statements other than as required by
law.
Contacts:
Ideanomics,
Inc.
Tony Sklar, SVP of
Investor Relations
1441 Broadway, Suite 5116,
New York, NY
10018
ir@ideanomics.com
Theodore Rolfvondenbaumen, Communications Director
trolfvondenbaumen@ideanomics.com
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SOURCE Ideanomics