Joby Boosts Board in Preparation for Wall Street Flotation

Joby intends to add three more board directors when it goes public through a planned merger with special purpose acquisition company Reinvent Technology Partners on August 5.

Joby Aviation S4 prototype — Funds raised by Joby's flotation on the New York Stock Exchange will support its plans to bring its four-passenger eVTOL aircraft into commercial service during 2024. (Photo: Joby)

By Charles Alcock • Managing Editor

July 26, 2021

Joby Aero has announced the full composition of its board of directors ahead of the August 5 extraordinary general meeting of shareholders that is expected to confirm its merger with special purpose acquisition company Reinvent Technology Partners. Following completion of the transaction, the new combined company will trade under the name Joby Aviation and be publicly traded under the symbol “JOBY.”

Assuming the transaction is approved, the following directors will join Joby’s board: Reid Hoffman, co-lead director of Reinvent Technology Partners and co-founder of LinkedIn; Halimah DeLaine Prado, general counsel for Google; and former Southwest Airlines CFO Laura Wright. Since December 2020, Joby has recruited two other directors to its board: Aicha Evans, CEO of autonomous vehicle developer Zoox, which Amazon acquired in 2020; and James Kuffner, who is CEO of Woven Plant Holdings and also a board director and operating officer for Toyota Motor Company, which is a leading investor in Joby.

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