MIAMI--(BUSINESS WIRE)--Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that Philip Ryan, Chairman of Swiss Re America Holding Corp, and Philip Evershed, Managing Partner at PointNorth Capital, have joined the Bird Board of Directors. Mr. Ryan and Mr. Evershed each bring with them a wealth of experience in business and finance, lending their expertise to Bird’s leadership team.
“In recent months, we’ve significantly expanded the leadership on our management team and Board of Directors, adding people with even more experience scaling companies profitably,” said Shane Torchiana, CEO, Bird. “Phil Ryan and Phil Evershed have decades of financial experience across numerous sectors and organizations, which will offer valuable perspective as we work to deliver on our goals of positive free cash flow and positive adjusted EBITDA this year. We’re thrilled to welcome them to our Board of Directors and look forward to working together.”
Mr. Ryan is chairman of Swiss Re America Holding Corp., a board member for Swiss Re Ltd., is an advisor to two growth private equity firms and has extensive public company board experience. He has held previous roles as Chief Financial Officer of the Power Corporation of Canada from 2008 to 2012, as well as various roles at Credit Suisse. Mr. Evershed is a Managing Partner at PointNorth Capital, an advisory and investment management company focused on non-bank credit opportunities. Mr. Evershed also serves on the Boards of Sirius-XM Satellite Radio (Canada) and VerticalScope Inc, with prior Board of Directors experience at Iogen Corp. and Canaccord Genuity. Mr. Evershed was previously the Co-Head of Investment Banking and Head of Mergers and Acquisitions at CIBC World Markets.
“I’ve been struck by the rigor and focus shown by Bird’s current leadership team, combined with the deep commitment to the company’s mission,” said Mr. Ryan. “Shared electric micromobility is a critical industry for our communities and I am eager to join the Board of Directors and lend my voice and support Bird’s success.”
“Bird has a clear strategy for achieving its goals this year and is well on the path to being able to achieve them,” said Mr. Evershed. “Bird has a unique opportunity to play a consolidation role in the e-scooter transportation market and I am happy to help the company achieve those goals.”
In connection with joining Bird’s Board of Directors, Mr. Evershed and Mr. Ryan intend to perfect the purchase of over 500,000 shares of Bird stock.
Mr. Ryan will serve on the Audit Committee of the Bird Board of Directors and Mr. Evershed will serve on the Compensation Committee of the Bird Board of Directors. Mr. Ryan and Mr. Evershed join current Bird Board of Directors members Travis VanderZanden (Chair), John Ivan Bitove, Robert Komin, Jim Mutrie, Antonio Occhionero, Racquel Russell, and Kevin Talbot. More information on Bird’s Board of Directors can be found on its Investor Relations website.
For further information, please see Bird’s Current Report on Form 8-K, filed on March 30, 2023.
Bird is an electric vehicle company dedicated to bringing affordable, environmentally friendly transportation solutions such as e-scooters and e-bikes to communities across the world. Founded in 2017 by transportation pioneer Travis VanderZanden, Bird’s cleaner, affordable, and on-demand mobility solutions are available in more than 350 cities, primarily across the United States, Canada, Europe, the Middle East, and Australia. We take a collaborative, community-first approach to micromobility. Bird partners closely with the cities in which it operates to provide a reliable and affordable transportation option for people who live and work there.
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