StockWatch
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Motor Vehicles & Passenger Car Bodies
Management ChangeJun 30, 2026, 04:37 PM

Nu Ride Appoints Paul W. Burkett to Board; Michael J. Wartell Resigns

AI Summary

Nu Ride Inc. announced the election of Paul W. Burkett as a Class II director, effective July 1, 2026. Mr. Burkett, who brings extensive experience in risk management and insurance, will join the Audit, Corporate Governance and Nominating, and Transaction Committees, and qualifies as an independent director. Concurrently, Michael J. Wartell tendered his resignation from the Board, effective June 30, 2026, with no reported disagreements with the company.

Key Highlights

  • Paul W. Burkett elected as a Class II director of Nu Ride Inc., effective July 1, 2026.
  • Mr. Burkett will serve on the Audit Committee, Corporate Governance and Nominating Committee, and Transaction Committee.
  • He qualifies as an independent director under NASDAQ listing standards.
  • Mr. Burkett has been CEO of Snoaspen Insurance Group, Inc. since August 1995.
  • He has served as an Adjunct Professor at the University of Nevada, Reno, since 2022.
  • Michael J. Wartell resigned from the Board, effective June 30, 2026.
  • There were no disagreements between Mr. Wartell and the Company regarding his resignation.