FutureFlight
Lilium Mines Silicon Valley for New CFO
The appointment of a San Francisco-based CFO comes two weeks after Lilium announced expansion plans in the U.S.
Lilium Jet
Lilium is planning to start air mobility services with its five-seat eVTOL aircraft in Florida from 2025. (Photo: Lilium)

Germany’s Lilium has turned to Silicon Valley to recruit its new chief financial officer, Geoffrey Richardson. The eVTOL aircraft developer announced his appointment on November 20, hailing his 20 years of experience in international finance, mergers and acquisitions, fundraising, and operations.

In his most recent position as CFO of autonomous car company Cruise, Richardson raised more than $7 billion in capital for the startup in three separate fundraising deals with strategic and financial investors. U.S.-based Cruise has more than 800 full-time employees and Lilium, which was formed in 2015, now has 600 people on the payroll.