Urban Air Mobility Firm Eve Appoints Johann Bordais As CEO

Eve Holding Inc EVEX Board of Directors has appointed Johann Bordais, current President and CEO of Embraer Services & Support, as Chief Executive Officer, effective September 1, 2023.

Eve's co-CEOs, Andre Stein and Jerry DeMuro, will remain at Eve with new roles. 

Johann Bordais has led Embraer's Services & Support business since its foundation in 2016. 

The company said Andre Stein will assume the role of Chief Strategy Officer at Eve, based in the U.S.

Jerry DeMuro will remain at Eve as Executive Vice President of Corporate Development through the end of October 2023 to assist Johann in the transition.

"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," said Board Chairman Luís Carlos Affonso.

Price Action: EVEX shares closed higher by 1.89% at $9.15 on Monday.