• Lynn Forester de Rothschild becomes a new board member
• Representative for Inclusive Capital Partners
• Forester de Rothschild replaces Jeff Ubben
Lynn Forester de Rothschild has been appointed to Nikola’s board of directors, announced Nikola, the world’s leading zero-emission transportation and infrastructure company.
Forester de Rothschild with extensive expertise
The 67-year-old replaces Jeff Ubben, an American businessman and hedge fund boss. Both Forester de Rothschild and Ubben are concurrently employed at Inclusive Capital Partners (In-Cap), where Lynn Forester de Rothschild is active as Managing Partner, as is co-founder Ubben.
According to the Inclusive Capital Partners website, In-Cap is an asset manager “dedicated to a healthy planet and the health of its inhabitants”. To this end, In-Cap identifies and invests in companies that “offer compelling value propositions and have a measurable positive impact on the environment and society. In many of In-Cap’s investments, senior management is also represented – as is the case with Nikola – da man has set itself the goal of making business models more sustainable.
Nikola is also counting on the new board member’s extensive expertise in the appointment of Forester de Rothschild: “Lynn’s work on environmental and social issues will be a real asset to the Nikola board as we execute on our many strategic and business priorities,” said Steve Girsky, Nikola’s chairman of the board. “I would also like to thank Jeff Ubben for his many contributions to the Nikola Board and for helping with the transition of Lynn to represent Inclusive Capital Partners on the Nikola Board.”
Shareholder value in focus
Forester de Rothschild comments on joining the board, according to the press release: “I am delighted to join the Board of Directors of Nikola. My life’s work is to work with companies that believe in making the world cleaner and more inclusive. Creating shareholders Value through zero-emission transportation and energy infrastructure are very important outcomes that I look forward to realizing by actively working with Nikola’s management and board.”
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