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ElectraMeccanica adds chief financial executive Bal Bhullar to board

Bhullar, the company’s CFO, is filling a vacancy left by former board member Shaun Greffard, who resigned last week

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Bhullar said she was “truly honored” by the appointment

ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) has appointed its finance executive Bal Bhullar to the electric vehicle company’s board of directors, the Vancouver-based firm said Monday. 

Bhullar, the company’s CFO, is filling a vacancy left by former board member Shaun Greffard, who resigned last week. 

ElectraMeccanica’s chairman Steven Sanders told investors that the firm was pleased to welcome Bhullar to its board. 

READ: ElectraMeccanica to debut SOLO electric vehicle at Los Angeles shopping mall

“Bal’s extensive experience in both finance and capital markets, as well as her firsthand knowledge of our operations and vision has proven to be of considerable value to the company,” said Sanders in a statement.

“We thank Shaun Greffard for his dedication and over three years of service as a director of the company and extend best wishes to him as he pursues other personal and professional interests.”

Bhullar said she was “truly honored” by the appointment.

“Mobility is undergoing rapid change and ElectraMeccanica is in the forefront of a disrupted industry with the unique SOLO EV,” she said in a statement.

“I look forward to working closely with the board to represent our shareholders and drive long-term value creation.”

--UPDATES stock price--

ElectraMeccanica's shares closed up 13.6% at $2.17 in New York.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: ElectraMeccanica

Price: 0.989 USD

NASDAQ:SOLO
Market: NASDAQ
Market Cap: $36.64 m
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