Working how you always have can only get you so far.
Workhorse is changing the way the world works.

Work Ahead

Technology

We have more electric delivery vehicles on the road than any other company.

Delivery Vans

Our next generation C-Series Vans are all-electric by design, with composite technology, and a 100-mile range. Our previous delivery vans, E-100 and E-GEN, have more than 8.5 million miles on them and are used by some of the premier package delivery companies in the world.

Delivery Drones

The future of package delivery is already here and it’s flying through the air. Designed to be fully autonomous as well as work in tandem with our all-electric delivery vans, this custom-built drone technology delivers safety and efficiency to your doorstep. Built by Workhorse our Aeres App connects to the HorseFly drone for a complete user experience.

Telematics

Our in-house, integrated system has information on more than 8.5 million miles of tracking more than 350 vehicles. With our mobile technology application, you’ll have all the metrics of your electric fleets’ performance in the palm of your hand.

Where it all began

AMP Electric Vehicles was established in 2007 as a developmental-stage vehicle electrification company. We first experimented with adding battery-electric power to two-seat roadsters. In 2009/2010, Progressive Insurance sponsored a rigorous nation-wide competition for clean, “production-capable” vehicles. Our 100% electric GM Sky was the only mass-produced vehicle in the competition. All other vehicles were primarily prototypes or concept vehicles not suitable for driving on public roads. We were one of eight finalists in the Side-by-Side seating category. Our Sky achieved four times the fuel efficiency of an internal combustion equivalent with zero emissions (96 MPGe vs.19/24 city/highway for ICE version). We followed the electrification of the Sky Roadster with the design and implementation of systems capable of powering larger vehicles. This led to the creation of electrification packages for the Chevrolet Equinox SUV, the Jeep Grand Cherokee and the Mercedes Benz ML350. These development activities resulted in the successful execution of the concept for SUVs. AMP Electric Vehicles went public in 2010 trading on the OTC market under the AMPD symbol. When the economic benefits of conversion became less certain, we pivoted away from passenger vehicles and began to focus on electrifying commercial vehicles. This led to a development agreement with Navistar, a major U.S. truck OEM. Under the development agreement, the initial project was to re-power a 1,000 cubic foot delivery van. The first vehicle was delivered to them in August of 2012 and successfully passed Navistar’s requirements and performance test. Navistar’s top management changed at precisely the same time the project vehicle passed its performance test and Navistar tabled the electrification project. They did however, introduce us to their client and AMP began to work directly with the end-user. As part of the end-user’s requirement, the battery-electric test truck successfully passed a 4,000-mile durability test at TRC, Inc.’s automotive test facility in East Liberty, OH. AMP acquired the Workhorse brand and the Workhorse Custom Chassis assembly plant in Union City, IN in March of 2013. The asset acquisition made the company an OEM and enables the company to manufacture new, medium-duty truck chassis in the 14,500 to 23,500 GVW class. In addition to the plant assets, our exclusive arrangement with UpTime Parts, Inc. for logistical and spare parts support and our 400+ network of dealers provides AMP with unequaled nationwide support for our vehicles. In March of 2015, AMP formally changed its name to Workhorse Group Incorporated (NASDAQ: WKHS).

“Leading a revolution takes a new kind of power.”

– John Graber President of Aerospace

Workhorse is a publicly traded NASDAQ company: WKHS

Investor Relations Contact: Matt Glover and Tom Colton 949-574-3860 [email protected]
Customers

Blue Chip Customers

For Existing and Emerging Workhorse Vehicle Portfolio
Partners

World Class Partners

Tier-One Suppliers, Development and Commercial Infrastructure, Utility, Vehicle Service Partners
FACILITIES

Locations

Workhorse- An American company rooted in the heart of the U.S.A
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Workhorse Headquarters Sharonville, Ohio
The Workhorse Headquarters is located in Sharonville, Ohio. This location is the center for our: Corporate Team, Engineering, and Software Design.

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Workhorse Factory Union City, Indiana
Workhorse Group Inc. is an Original Equipment Manufacturer (OEM) of Class 3-6 Workhorse brand medium-duty trucks.

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Aerospace Facility Mason, Ohio
The team at Workhorse Aerospace uses its 35,000 sq. ft. facility for the research, development, and operation of Unmanned Aerial Vehicles and Systems. Utilizing lightweight, purpose-built materials as well as Workhorse’s own proprietary ARES control software, the all-electric HorseFly UAV is capable of servicing many aspects of public need, including last-mile delivery and data applications.

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Engineering & Technical Design Center Wixom, Michigan
Located just 30 min outside of Detroit, our Wixom location is focused on Engineering and Technical Design for Workhorse Powertrains.

Management Team
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Richard “Rick” Dauch

Chief Executive Officer

Mr. Dauch is an automotive industry leader with more than 25 years of industry experience, including 12 years serving in CEO roles for private and publicly traded companies. Prior to joining Workhorse Group, Richard served as the CEO of Delphi Technologies where he successfully completed the spin-off from Aptiv and executed a merger with BorgWarner in October 2020. From February 2011 to January 2019, he served as President and CEO of Accuride Corporation and prior to that Dauch was President and CEO of Acument Global Technologies. He joined Acument following a 13-year career with American Axle and Manufacturing, where he last served as Executive Vice President of Worldwide Manufacturing. Dauch began his career with United Technologies. He previously served as an Officer in the U.S. Army for seven years after earning a bachelor’s degree from the United States Military Academy at West Point, where he was a four-year football letterman. He holds master’s degrees in management and engineering from the Massachusetts Institute of Technology, where he was a fellow in the Leaders for Manufacturing program.
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Robert “Bob” Ginnan

Chief Financial Officer

Mr. Ginnan comes to Workhorse with 20 plus years of senior finance and leadership experience, having most recently served as the CFO for privately held Family RV Group, the fifth largest RV dealer in the country. Over the three years following his appointment in 2017, Family RV Group revenues grew from $80 million to $200 million. During that time Ginnan was instrumental in the implementation of new financing options and driving much of the sales expansion through acquisitions. Later, he was named CEO and successfully managed the sale of the firm to RV Retailer in February 2021. Throughout his career, Ginnan has held positions of increasing responsibility in finance, ranging from plant to corporate levels. In these various roles, he executed multiple accounting and information technology (“IT”) system installations and refined capital structures for firms in multiple industries. Ginnan holds a bachelor’s degree in Accounting and IT from Ohio State University and an MBA from Ashland University.
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Gregory Ackerson
Chief Accounting Officer and Corporate Controller
Mr. Ackerson has over 15 years of experience in accounting, auditing and finance and has served in several leadership positions throughout his career. Prior to joining Workhorse, Mr. Ackerson was an Assurance Senior Manager with BDO USA LLP, an international accounting firm. Mr. Ackerson was previously with NewPage Corporation as Senior Manager Technical Accounting where he focused on financial reporting and FCC compliance. Ackerson served as an Inspection Specialist for Public Company Accounting Oversite Board (PCAOB) and held various progressive audit roles with PwC. Mr. Ackerson received his Master of Science in Accounting and Bachelor of Business Administration and Finance from the University of Cincinnati Carl H. Lindner College of Business.

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Josh Anderson
Chief Technology Officer
Josh is a 20+ year veteran of the EV and HEV commercial vehicle space, with prior executive roles encompassing engineering, technology and IP, business development and customer service. Josh has served in CTO and VP roles in several EV transit bus OEMs. Over the past 7 years Josh has led a consulting firm delivering new product development and program management to bus, truck and marine OEMs in North America, Europe, and China. Josh has a bachelor's degree in Engineering from Harvey Mudd College.

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Ryan Gaul

President, Commercial Vehicles

Mr. Gaul has nearly 20 years of automotive experience with more than 15 of those years in senior management. Ryan joined Workhorse from Gentherm, Inc (NASDAQ: THRM) a leading automotive technology company. He brings broad functional leadership experience, having successfully lead IT, Strategy, M&A, Business Development, Marketing, Manufacturing, and Supply Chain. While at Gentherm, Ryan held various senior executive leadership roles, including international assignments in Germany and China, where he led Gentherm’s lean manufacturing transformation and commercial and manufacturing expansion in Asia. As SVP of global Manufacturing and Supply Chain, he led over 10,000 associates and 12 manufacturing sites. Ryan also brings significant commercial experience to the Workhorse team, having led large diverse teams while overseeing various functional areas at the senior executive level. Ryan has a B.A. in Philosophy from the University of Missouri, Columbia.
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John Graber

President, Workhorse Aerospace

Mr. Graber brings his experience in both public and private companies engaged in the aerospace industry to the Workhorse team. Mr. Graber’s leadership experience encompasses corporate strategy, business development and M&A. Prior to his appointment of President of Aerospace, Mr. Graber had been leading the development of Workhorse’s Horsefly™ last-mile drone delivery program. Mr. Graber was previously Managing Partner of Master Aviation Group, an aerospace consulting business and prior to forming Master Aviation Group, Mr. Graber served as President and Chief Executive Officer of Global Aviation Holdings, President of CHC Helicopter Services, President of ABX Air and Senior Vice President and Managing Director of ATA Airlines. Mr. Graber served as an Army Aviator for the US Army for twenty-one years and is a veteran of Operation Desert Storm. Mr. Graber received his Master of Business Administration from the University of Notre Dame and Bachelor of Arts from Thomas Edison State University.
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Jim Harrington
Chief Administrative Officer, General Counsel and Secretary
Jim has over 25 years of Business, Legal, Accounting & Human Resource experience and has spent the last 15 years as Senior Vice President, General Counsel (Compliance) with both Tenneco and Delphi Technologies and has extensive experience in the areas of corporate governance, and mergers and acquisitions. Jim has a bachelor’s degree from Notre Dame in Accounting, his MBA from the University of Chicago, and his Law Degree from Northwestern.

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Jim Peters
Vice President, Supply Chain & Procurement
Jim Peters is a proven Supply Chain executive with extensive experience at both the automotive OEM and Tier 1 levels. He most recently served as Executive Director Global Purchasing and Supplier Quality with American Axle and Manufacturing, the leading automotive Tier 1 supplier of global driveline systems and technologies. Peters began his career at the former Chrysler Corporation where he spent 17 years holding a series of increasingly responsible executive positions in the areas of vehicle manufacturing, quality systems, purchasing and supplier quality operations. He holds a bachelor’s degree in business from Michigan State University.

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Dave Bjerke
Vice President, Product Development
Dave began his career with SDRC in Cincinnati, then Paris, France and the then Detroit. Dave recently served as Triad Services Group's president for 27 years during which he served as Chief Engineer on the presidential limousine, Chevrolet SSR, MV1 Mobility Vehicle, and a purpose-built tactical vehicle for the US government. All of these programs included both high and low volume production and field support. Dave looks forward to helping the Workhorse team in advancing current and future products to these same outcomes and successes. Dave has a BSME and MBA from the University of Cincinnati.

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Stan March
Vice President, Corporate Development & Communications
Mr. March is a senior level executive with extensive experience in M&A activities, public affairs, investor relations and corporate communications. He has held strategic executive positions for more than 15 years across a broad spectrum of businesses from a multi-industry conglomerate to global semiconductor and clean technology leaders. Stan most recently served as a Senior Vice President for smart metering pioneer Landis+Gyr and was responsible for executing the company’s 2017 $2.3 Billion Swiss IPO. He holds a BS in General Engineering form West Point and a MS in Chemical Engineering from Vanderbilt University.

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Kerry Roraff

Chief Human Resources Officer

Kerry Roraff has over 20 years of progressive HR experience within the Automotive, Information Technology and Telecommunications industry. Prior to Workhorse, she worked for HARMAN for eight years as the Senior Director, North America Automotive where she was responsible for creating and executing the HR strategy in the areas of leadership development, talent acquisition, performance management, DE&I, rewards, and organizational change management. In addition, she had global HR responsibility for a $2B infotainment business unit comprised of 1,700 employees. During her time with HARMAN, she held several HR leadership roles with increasing responsibility supporting supply chain, operations, sales, finance, strategy, and marketing. Kerry holds a Bachelor of Arts degree in Human Resources from Michigan State University.
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Ben Drake
Vice President, Government Affairs
Ben Drake brings diverse leadership experience from the public and private sectors to Workhorse. Previously, he served as the Deputy Director for Energy Resilience policy with the Department of Defense and led emerging technology policy on the Strategy team. He joined the Federal government as a Presidential Management Fellow and held professional staff roles with the Senate Energy and Natural Resources Committee and the White House Council on Environmental Quality’s Office of the Chief Sustainability Officer. Prior, Ben managed Accuride Corporation’s largest account, Navistar. He holds a master’s degree in Energy Engineering from the University of Illinois at Chicago B.S. in Civil and Environmental Engineering from Michigan State University.

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Brad Hartzell
Vice President, Manufacturing
Brad Hartzell comes to Workhorse with 20+ years of manufacturing experience from the Tier One Automotive Supplier sector. His prior assignments included participating in turnaround activities and global growth activities in Europe and Asia, not limited to Managing Director, Manufacturing Services Director, and Plant Manager. Brad has rich experience in axle and wheel manufacturing from factories that supplied Mercedes Benz, GAC-Fiat, GM, Ford, DAF, Mahindra, and many other customers. Brad received a bachelor’s degree in Mechanical Engineering Technology from Purdue University.

Directors

Duane Hughes

RAYMOND CHESS

Board Chairman

Mr. Chess spent 37 years at General Motors. In his most recent assignment, Mr. Chess had global product responsibility for all Crossover Vehicles. Prior to that, he was responsible for General Motors Commercial Vehicles, Class 3 through 8 including the mid and full size vans and the medium-duty product line, Chevrolet Kodiak and GMC Top Kick. Prior to 16 years in various product development assignments, he spent 21 years in manufacturing, starting his career at Indianapolis Metal Fabricating in 1975. His last assignment at the plant level was Superintendent of Manufacturing Engineering where he lead the engineering for body-in-whites. He transferred to Pontiac Michigan in 1992 to lead the consolidation of the Metal Fabrication plant manufacturing engineering activities. Before moving onto product development, Ray was responsible for all die, fabrication and body shop engineering for the General Motors Truck Group.
Duane Hughes

GERALD BUDDE

Board Member

As chief financial officer (CFO) of Assured Neace Lukens, Mr. Budde is primarily responsible for financial planning, reporting and analyzing Assured Neace Lukens financial information. In addition to being responsible for the finance and accounting functions, Gerald also oversees the human resources function and the integration of acquisitions. Gerald has more than 30 years of experience in accounting and finance, and has served as Assured Neace Lukens CFO since 2003. Prior to his current position, Gerald worked for UNOVA Industrial Automation Systems (IAS), who acquired the Machine Tool Group of Cincinnati Milacron, Inc. in 1998, leaving his final role there as vice president of finance for the machine tool group. He has been an inactive Certified Public Accountant (CPA) since he left public accounting in 1994 after almost eleven years with Ernst & Young, a multi-national professional services firm, leaving his final role there as an Audit Senior Manager. Gerald is currently a member of the Board of Trustees and Finance Committee of Mt. Notre Dame high school and is also a member of the Finance Commission of St. Margaret of York parish and school. Gerald earned his bachelor’s degree in accounting from the University of Dayton in 1983.
Duane Hughes

MICHAEL CLARK

Board Member

Mr. Clark has served as a director of Halcón Resources (NYSE: HK) since September 2016 and currently serves as Chairman of the Nominating and Corporate Governance Committee and as a member of the Compensation Committee. He also currently serves as a director of privately-held Laws Whiskey House, an award-winning craft distiller. Mr. Clark has also served as a director of Paragon Offshore Ltd., as Chairman of the Corporate Governance and Compensation Committee and a member of its Audit Committee from July 2017 until its sale to Borr Drilling Limited in March 2018. Mr. Clark is a Chartered Financial Analyst (CFA) Charterholder with over seventeen years of investment valuation and capital markets experience investing experience focused on energy equities and basic materials. Mr. Clark was a Retired Partner of SIR Capital Management, LLC from 2014 until his departure in 2016 and from 2008 to 2013 served as a Portfolio Manager and Partner. Prior to that, Mr. Clark valued equities as a Portfolio Manager at Satellite Asset Management, LLC from 2005 to 2007 and as an Equity Research Analyst at SAC Capital Management, LLC from 2003 to 2005 and at Merrill Lynch from 1997 to 2002. Mr. Clark began his career at Deloitte & Touche, LLP, progressing to Senior Auditor. He is a Certified Public Accountant licensed in New York State and also holds the Accredited in Business Valuation (ABV) credential awarded by the American Institute of Certified Public Accountants. The National Association of Corporate Directors (NACD) recognizes him as a NACD Governance Fellow in 2017. Mr. Clark graduated cum laude from the University of Pennsylvania with a Bachelor of Arts in Economics and earned a Master of Business Administration in Finance and Economics with Distinction (top 10%) from New York University’s Stern School of Business. Mr. Clark’s qualifications to serve on the board include his public company board service and his wealth of accounting, valuation and capital markets experience.
Duane Hughes

H. BENJAMIN SAMUELS

Board Member

Benjamin “Ben” Samuels is the Co-President of Victory Packaging, a North American packaging distributor wholly owned by KapStone Paper and Packaging. He joined Victory Packaging in 1995 as regional operating manager of Texas. In 1997, Samuels began his role as Vice Chairman and leader of the national accounts group, real estate, finance and legal departments, achieving a period of unprecedented growth in sales and revenues. After the retirement of his father in May 2007, Ben was named CEO and leader of an executive team that currently manages more than 1,500 employees. In 2015, Victory Packaging was purchased by KapStone. Samuels is an active member in the community, where he served as the Chairman of the Houston Food Bank and is the Chair of the Leo Baeck Education Center Foundation. He was also the President of the Houston Chapter of the American Jewish Committee before joining their National Board of Governors. In addition, Ben currently serves on the board of Children at Risk, Brighter Bites, Move for Hunger, and Congregation Shma Koleinu. He also served on the boards of and held leadership positions with J-Street, American Leadership Forum, Serve Houston, Holocaust Museum Houston, Jewish Federation of Greater Houston, and Jewish Family Service. Samuels received a bachelor’s degree in American studies and economics from Amherst College in Massachusetts, as well as an MBA from the Harvard Graduate School of Business Administration. He and his wife, Marci Rosenberg, reside in Houston and have a son, Ethan, and a daughter, Mimi.
Duane Hughes

HARRY DEMOTT

Board Member

Mr. DeMott, age 49, has more than 25 years experience in the investment community, having worked as an analyst and portfolio manager at leading brokerage firms and investment management firms. He has also served on the boards of several companies. He is a long-time operator and investor in the media, sports and entertainment industries. He is the co-founder of Raptor Ventures I LP, where he has been a General Partner since February 2011. In addition, Mr. DeMott is a member of the Board of Directors of Fan Manager, SecurityPoint Media, Signal360 and Ticket Evolution. He also serves as founder and managing partner for Hamerle Investments, a family investment company. Prior to co-founding Raptor Ventures, Mr. DeMott served on the Board of Directors of Pandora Media, Inc. from 2006 through 2011. Earlier, he served as senior analyst at Knighthead Capital Management, analyst at King Street Capital Management, portfolio manager at Bourgeon Capital Management and managing member and founder at Gothic Capital Management. During this 16-year period, Mr. DeMott focused on finding, fostering and investing in disruptive technology companies. He previously spent nine years at First Boston (now Credit Suisse), where he was a director in the equity research division specializing in radio, TV, outdoor advertising and cell towers. He earned a bachelor of arts in economics from Princeton University in 1988 and a MBA in finance from New York University in 1991.s
Duane Hughes

RICHARD DAUCH

Board Member

Mr. Dauch is an automotive industry leader with more than 25 years of industry experience, including 12 years serving in CEO roles for private and publicly traded companies. Prior to joining Workhorse Group, Richard served as the CEO of Delphi Technologies where he successfully completed the spin-off from Aptiv and executed a merger with BorgWarner in October 2020. From February 2011 to January 2019, he served as President and CEO of Accuride Corporation and prior to that Dauch was President and CEO of Acument Global Technologies. He joined Acument following a 13-year career with American Axle and Manufacturing, where he last served as Executive Vice President of Worldwide Manufacturing. Dauch began his career with United Technologies. He previously served as an Officer in the U.S. Army for seven years after earning a bachelor’s degree from the United States Military Academy at West Point, where he was a four-year football letterman. He holds master’s degrees in management and engineering from the Massachusetts Institute of Technology, where he was a fellow in the Leaders for Manufacturing program.
Jacqui Dedo

JACQUELINE DEDO

Board Member

Jacqui Dedo comes to Workhorse with over 30 years of global automotive, off highway, industrial and aftermarket experience. She has held various leadership positions at Piston Group, Dana Holding Corp., Motorola, and Robert Bosch Corporation among others and has a proven background in managing full P&L responsibilities for major business units and entire companies responsible for up to $2 billion in revenue. Dedo also has nearly two decades of board membership experience across a variety of automotive, transportation and nonprofit organizations. She is Co-Founder of Aware Mobility, LLC., which is engaged in the technical development, investing, partnering and application of both electrified propulsion and connectivity tools, platforms and applications.
Dedo has been honored on multiple occasions by Automotive News as one of the “Top 100 Leading Women.” She is a current Board Member at Cadillac Products, Vice Chairman of the Board of the Detroit Science Center, and a member of the Board of Trustees at Kettering University.
Pamela Mader

PAMELA MADER

Board Member

Pamela Mader brings over three decades of automotive industry experience, with a proven track record in leading Fortune 100 manufacturing organizations as well as supporting the growth of emerging growth companies through various business advisory services. She most recently served as the VP of Belcan Consulting Services where she supported Belcan’s acquisition of Allegiant International, LLC., overseeing the integration of both business processes and personnel. Prior to that, Mader spent over 15 years at General Motors in a variety of leadership roles, including numerous plant manager positions where she directed operations for manufacturing of hundreds of thousands of vehicles annually.
Among many other awards and accolades, Mader has been recognized by Automotive News as one of the “Top 100 Leading Women” and was given the “Top Ten Women Community Leader” award from the City of Dayton, Ohio. She has 13 years of board membership experience and is currently an Executive Board Member at the Purdue University’s Polytechnic Institute.
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Bill Quigley

Board Member

Quigley brings more than three decades of financial and operating experience in the automotive and manufacturing industries as well as prior board-level tenure to Workhorse. He most recently served as Senior Vice President and Chief Financial Officer of Nexteer Automotive Group Limited, a tier one automotive supplier operating from 27 manufacturing facilities and three global technical centers with over 12,000 employees. Quigley has also previously held positions as Executive Vice President and Chief Financial Officer at Dana Holding Corporation and Visteon Corporation. Since 2016, he has served as a member of the board of directors and chair of the audit committee at Cadre Holdings Inc., a global leader in the manufacturing and distribution of safety and survivability equipment for first responders.
Quigley holds a B.A. in Accounting from Michigan State University and is a Certified Public Accountant In the state of Michigan.
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Scott Miller

Board Member

Mr. Miller retired from the United States Army as a Four-Star General following nearly four decades of uniformed service. A former Delta Force commander, Miller served as the final commander of NATO’s Resolute Support Mission and as commander of the United States Forces in Afghanistan from September 2018 through July 2021. Previously, he served as commander of the Joint Special Operations Command. He is the recipient of the Defense Distinguished Service Medal (with oak leaf cluster), the Army Distinguished Service Medal, the Silver Star, the Defense Superior Service Medal, the Legion of Merit, the Bronze Star for Valor, and the Purple Heart (with oak leaf cluster). Following his retirement from the Army, he joined the board of advisors of Striveworks, a data analytics software company headquartered in Austin, Texas.
Mr. Miller received a Bachelor of Science from the United States Military Academy at West Point. He also graduated from the U.S. Army Command and General Staff College, the U.S. Marine Corps War College and Joint Combined Warfighting School.

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