Eve Air Mobility appoints Embraer’s Johann Bordais as CEO, with Andre Stein and Jerry DeMuro to remain in new roles

Eve Air Mobility’s Board of Direc­tors yes­ter­day appoint­ed Johann Bor­dais, cur­rent pres­i­dent and CEO of Embraer Ser­vices & Sup­port, as CEO effec­tive from Sep­tem­ber, while 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 has led Embraer’s Ser­vices & Sup­port busi­ness since its foun­da­tion in 2016, and 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.

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. Mr. 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.

He said: “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.”

Andre Stein will assume the role of Chief Strat­e­gy Offi­cer at Eve, based in the US. 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.

He added: “I will con­tin­ue to sup­port Eve to reach vehi­cle type cer­ti­fi­ca­tion, entry-in-ser­vice, scale its man­u­fac­tur­ing and sup­port oper­a­tions glob­al­ly.”

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, when Jer­ry DeMuro will be appoint­ed to replace him.

“Kenn’s entre­pre­neur­ship and avi­a­tion vision were invalu­able to the com­ple­tion of the merg­er of Zan­ite and Eve in a $2.7 bil­lion trans­ac­tion,” con­clud­ed Affon­so.

Eve Hold­ing con­firms busi­ness com­bi­na­tion between Zan­ite Acqui­si­tion Corp and Eve Urban Air Mobil­i­ty