Eve Air Mobility names Johann Bordais as CEO

Eve Air Mobility, a developer of next-generation Urban Air Mobility (“UAM”), announced that its Board of Directors has appointed Johann Bordais, current President and CEO of Embraer Services & Support, as Chief Executive Officer to be effective on September 1, 2023. Eve’s co-CEOs, Andre Stein and Jerry DeMuro, will remain at Eve with new roles. “Eve has made incredible progress and accomplished important milestones in the development of an eVTOL aircraft and the urban air ecosystem under the leadership of Jerry and Stein,” said Luís Carlos Affonso, Chairman of Eve’s Board. “Now, with the acceleration of our vehicle development and increased focus on operations and entry-into-service of our eVTOL, Johann Bordais’ leadership and experience successfully leading a global business will be an outstanding addition to Eve’s team, helping our mission to create Urban Air Mobility.” Johann Bordais Bordais has led Embraer’s Services & Support business since its foundation in 2016. He was pivotal in transforming the area into Embraer’s fast-growing and most profitable business of the company, with reported revenues of $1.27 billion in 2022, accounting for 28% of Embraer’s total revenue. During his tenure at Embraer Services & Support, Bordais has transformed Embraer’s aftersales business model, globalizing its solutions and guaranteeing customer satisfaction through innovation and integrated products, and providing a broad portfolio of solutions to customers in Commercial Aviation, Executive Jets and Defense, with over 2,300 people dedicated to supporting customers and their 5,700 aircraft worldwide. “Urban Air Mobility has the potential to revolutionise how people commute and travel with a direct impact on millions of lives. Supporting customers in a high-demand services environment with the right product is our mission. Eve has built a skilled team in recent years to deliver an effective and sustainable new mode of transportation, and I’m so proud and very excited to join this group,” said Bordais. DeMuro will remain at Eve as Executive Vice President of Corporate Development through the end of October 2023 to assist Johann in the transition. DeMuro joined the company in September 2021 as co-CEO and was instrumental in Eve’s SPAC transaction, taking the company to a very successful NYSE listing that raised approximately $400 million from multiple strategic financial investors. “I believe Eve is uniquely positioned to become a leading player in a potential $760 billion Urban Air Mobility market. Our pipeline of orders, full support from Embraer and a large group of strategic partners are key differentiators. I look forward to continuing to help Eve accomplish its vision of sustainable urban aviation,” said DeMuro. Stein will assume the role of Chief Strategy Officer at Eve, based in the United States. He will be responsible for defining Eve’s strategy, including commercialisation, growth and the development and execution of launch strategies with Eve’s international partners and operators. Stein has over 25 years of experience in the aerospace industry with a focus on sales, product development and market strategy and has nurtured the Urban Air Mobility initiative since its inception, helping to define the industry’s potential use-cases, markets and product characteristics, while contributing to Eve’s spin-off process, NYSE listing and capital raise. “We believe that the Urban Air Mobility market has enormous potential in the coming years based on an efficient, zero-emissions transport proposition. I will continue to support Eve to reach vehicle type certification, entry-in-service, scale its manufacturing and support operations globally,” said Stein. Due to the successful completion of Eve’s launch phase and new demands of his schedule, Kenn Ricci has announced his intention to resign from the Eve Board of Directors by the end of October 2023. At that time, the expectation is DeMuro will be appointed to replace Kenn Ricci on Eve’s Board of Directors. “Kenn’s entrepreneurship and aviation vision were invaluable to the completion of the merger of Zanite and Eve in a $2.7 billion transaction,” said Luís Carlos Affonso. “Eve is another success case of our long-term partnership with Embraer as we share similar values and an extraordinary passion for innovation, sustainable aviation and emerging technologies,” said Ricci. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Kay Rolland at [email protected]