Arcimoto's Leadership Overhaul: New CEO and COO Appointed.
Electric vehicle manufacturer Arcimoto has appointed a new CEO, Christopher Dawson, to replace Jesse Fittipaldi, who will now serve as president. The company's CFO, Doug Campoli, has left, and a contractor will fill the role while the company searches for a new CFO. Dwayne Lum has been promoted from chief product officer to chief operating officer. The company's share price remains unchanged at $1.40. Arcimoto has been struggling financially, reporting a loss of $63 million last year on just $6.6 million in sales. The company warned in January that it is at risk of bankruptcy.
