Verified. At present, in addition to design, Henrik is also responsible for docking with engineers, while his wife is responsible for finance, investor relations, and negotiations with suppliers. Indeed, they own a respectable stake in the company. Our data reflects individual insiders, capturing board members at the very least. Theyve divided responsibilities with Fisker working closely with the engineers, overseeing the Oceans design, features and performance and planning for future models. In the early 2000s he ran Aston Martins famed design studios before serving as an early design consultant to Elon Musks Tesla. Chief Financial Officer, Chief Operating Officer and Former President. The funds were to be used to develop the Karma, as well as an affordable family-size plug-in hybrid car. Even Dr. Geeta Gupta Fisker reserved her Fisker Ocean One. He is best known for designing luxury cars including the BMW Z8, Aston Martin DB9, Aston Martin V8 Vantage, Fisker Karma, Galpin-Fisker Mustang Rocket, VLF Force 1 V10, VLF Destino V8, Fisker EMotion, Fisker Ocean, and Fisker Orbit. Mansion Sells for $6.1 Million, 'Wonder Woman' Director Patty Jenkins Adds 1920s Country English Cottage to Portfolio, NBA Star Allen Crabbe Scores Blocky Encino Mansion. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The vehicle will be based on the Fisker Ocean electric SUV. But just like anyone else, they could be wrong. A native of India, she holds multiple degrees in science, including a Ph.D. in biotechnology from Cambridge University where she was also a Research Newton Fellow. In August 2003, he became the director of Ford's Global Advanced Design Studio in Irvine, California, where the Ford Shelby GR-1 was designed. , looks at Fisker Inc. co-founder Geeta Gupta Fisker. And finally, Fiskers stock price, up 56% since its debut, has made both Henrik and Geeta billionaires, each worth about $1.1 billion as of Fridays market close. [55][56], On 4 January 2016, Fisker filed a suit against Aston Martin and three of its executives for $100 million in damages for civil extortion, claiming that his former employer was trying to prevent him from unveiling his new luxury sports car hybrid, the VLF Force 1 V10, at the 2016 North American International Auto Show. In the Auto Manufacturers industry, which ranks 88 out of 146 industries, FSR ranks higher than 59% . [10] The extent of Fisker's involvement in designing both the DB9 and V8 Vantage has been disputed, however, with former director of design at Aston Martin Ian Callum saying the two cars were largely designed under his watch before Fisker joined the company. Copy and paste multiple symbols separated by spaces. Deliver positive customer service to build long-lasting relationships with clients Listen to each client and gain a deep understanding of their individual needs and desires from doing business. She has over 20 years of experience in technology and finance. Do you know how to reset the Bluetooth in a Mini Cooper? Upstairs, the penthouse-like master suite has a retractable glass wall opening to a private, covered terrace with sunset views. The five-seater has a base price of just $37,499 (before federal and state incentives that could knock about $10,000 off the purchase price). I never got into cars because of money. The Indian Geeta Gupta-Fisker has many He has a degree in science and a Ph.D. in biology from Cambridge. First and foremost, he has a vital new partner: his wife, cofounder and Fisker Inc. CFO Geeta Gupta-Fisker. For some people the salary. 2023 Forbes Media LLC. Geeta Gupta's largest sale order was 561,956 units, worth over $10.02M on June 11, 2021. Ive been driving my Envoy for what feels like forever. this free report showing analyst forecasts for its future, Do Not Sell My Personal Information (CA Residents Only). Henrik Fisker is a Danish-American automotive designer and entrepreneur based in Los Angeles, California. The ArtCenter College of Design grad, born and bred in Denmark, also designed the exotic-looking Fisker Karma, the luxury plug-in hybrid that bore his name but was ultimately doomed to be a total failure, a victim of costly production errors and other mishaps. The ArtCenter College of Design grad, born and bred in Denmark, also designed the exotic-looking Fisker Karma, the luxury plug-in hybrid that bore his name but was ultimately doomed to be a total failure, a victim of costly production errors and other mishaps. Since 2019, the couple has leased a house on Sunset Plaza Drive in the Hollywood Hills; now, records reveal theyve opted to buy a lavish mansion in the same area. During the pandemic, they stick to working from individual offices in their West Hollywood home to avoid kicking each other under the table, Henrik says. It spawned the 2011 Artega SE, an electric sports car with an identical body. You may opt-out by. and bought an estimated value of $1.79M worth of shares. Built by businessman Stratton Sclavos, the .43-acre property last sold for $8.6 million in 2013. And their influence couldnt come close to the all-powerful magnetism of Steve Jobs, the man who pulled the sword out of the cult of personality stone in the first place. The husband-wife duo of acclaimed automotive designer and entrepreneur Henrik Fisker, and former finance industry professional Geeta Fisker, co-founders of t. The definition of company insiders can be subjective and does vary between jurisdictions. After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions. Her expertise in the field of biotechnology notwithstanding, Dr. Fisker then turned her attention to her other passions: numbers and finance. Geeta Gupta-Fisker and her spouse Henrik Fisker founded electric vehicle startup Fisker Inc. in 2016; it listed on the NYSE via a SPAC merger in 2020. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. [2] In 2005, Fisker left Aston Martin and the Ford Motor Company. Geeta Gupta usually trades in November, with the busiest year in 2021. $10.02M on June 11, 2021. . Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." . Fisker is buying most of its core componentsincluding the batteries and electric motorsfrom outside suppliers. [2] The first car to be designed by Fisker Automotive was the Fisker Karma, a hybrid sports sedan. By the next year, they were married. Win whats next. But Fisker isnt so easily shaken. The company changed its name to Karma. His first project there was the E1 electric concept car. [2][13] The company's first car was the Fisker Tramonto, a roadster based on the Mercedes-Benz SL55 AMG. The electric Fisker Ocean arrives in 2022 with a base price of about $37,500. An arbitrator ruled in their favor in November 2008, finding "overwhelming" evidence showing that Fisker did not do anything wrong. Why? Jerry automatically shops for your insurance before every renewal. It was in this year that she met an automotive designer named Henrik Fisker. She joined Lloyds Banking Group in 2004, where she managed international investments. The company went bankrupt in 2013, and its assets were purchased by Chinas Wanxiang Group, which changed the name to Karma Automotive and continues to sell Fiskers elegant plug-in hybrid as the Revero. she worked in international finance for lloyds banking Second, his Los Angeles-based company is public this time around, raising more than $1 billion in an October 2020 IPO. From 2007-2011, she held investment roles at a multibillion family office in London. He was in charge of the production design of the Aston Martin DB9 (in production from 2004 to 2016), bringing in elements from the history of Aston Martin cars. But Fisker isn't so easily shaken. Too late to reserve an Ocean? Britney Spears' Infamous Former L.A. In total, Geeta Gupta has made about 4 transactions over 2 years of their time at Fisker Inc/de. Like under the grip of Covid, terrified, Kelly said. Alex is a contributing writer at Jerry with writing experience ranging from construction to sculpture to car insurance. You can click here to see if those insiders have been buying or selling. Meet Dr. Geeta Fisker co-founder, president & CFO of Fisker Inc. a California-based company, revolutionizing the automotive industry by developing the most emotionally desirable electric vehicles. Discover Detailed Biography Of Henrik Fisker Wiki, Net Worth, Age, Fa. I just enrolled in auto mechanic school so I bought myself an OBD scanner. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. [25] The New York Times described the company as the "Solyndra of the electric car industry" and a "debacle".[1]. In the last year, insiders at Fisker Inc/de have sold an estimated value of $94.86M It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. It looks like hedge funds own 5.2% of Fisker shares. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. That's quite meaningful. From the ashes of his bankrupt business has risen the reborn Fisker Inc., which launched in 2016 in collaboration with his business partner (and wife) Geeta Gupta-Fisker, an India-born veteran financier and biotech PhD holder. In 2007, he founded Fisker Automotive, which made one of the worlds first plug-in cars, before failing spectacularly six years later. In 2012, Henrik Fisker married Geeta Gupta, a successful doctor who focused on the biotechnology industry. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Go out and hand it over to Magna without building a factory by itself, so the cost can be greatly reduced. Former Canadian Housewife Ann Kaplan Scoops Up Real-Life Castle in the U.K. John C. Finnucan IV who bought, In the last year, insiders at Fisker Inc/de have sold an estimated value of, https://www.sec.gov/Archives/edgar/data/1720990/000114036121014376/nc10023512x1_def14a.htm, Henrik Fiskerand Chairman of the Boardand Chairman of the Board, Mailing address is C/o Fisker Inc. 1580 Francisco Street, Suite B Torrance CA 90501 CA. Her career continued to expand in subsequent years, and by the time 2011 rolled around, she had established herself as a major player in the world of finance and investment. On his journey of becoming one of the worlds best known automotive figures, Henrik Fisker first attracted attention for designing some of the most beautiful modern automobiles, including the retro-inspired BMW Z8 roadster and the timelessly sexy Aston Martin DB9. Alternatively, email editorial-team (at) simplywallst.com. It also successfully completed its IPO and raised With more than $1 billion in funds, the company's stock price has risen sharply since its listing. Henrik Fisker (born 10 August 1963) is a Danish automotive designer and entrepreneur based in Los Angeles, California. In contrast to the swoopy, sensual design of Fiskers automobiles, his home of choice is rigidly blocky and angular, though arguably no less sexy. $68,621 View details. [40][41][58], Fisker is married to Geeta Fisker, who is the co-founder and CFO of Fisker Inc.[59][60][61], Fisker Automotive congressional hearing (2013), Advanced Technology Vehicles Manufacturing Loan Program, House Oversight and Government Reform Committee, "Breaking Down on the Road to Electric Cars", "Henrik Fisker's 'Timeless' Automotive Designs", "Henrik Fisker: Moving, rapidly, into the future,", "BMW still has love for Fisker's design,", "What I'd Do Differently: Henrik Fisker,", "Aston Martin High End Luxury Sports Cars,", "The cars of Ian Callum: Aston Martin DB9", "Fisker's Vision: A Handbuilt Coach With Lots of Horses", "Tesla Promised Another $40 Million, Loses Lawsuit", "How one of the most legendary car designers is making a comeback", "Artega SE joins growing list of all-electric sportscars", "Henrik Fisker Resigns From Fisker Automotive", "E-Car Start-Ups Try to Compete With Major Companies", "Fisker Karma S Sunset: World's First Hybrid Convertible", "With Surf, Fisker Builds a Karma Hauler", "A look under the hood: why electric car startup Fisker crashed and burned Old GigaOm", "Fisker to Make Plug-In Hybrids at Former G.M. Henrik Fisker (fdt 10. august 1963) er en dansk entreprenr og bildesigner, og grundlgger samt formand for Fisker Automotive.Han har boet og arbejdet i Tyskland, London og det sydlige Californien.Fisker lste p Californiens Art Center College of Design, hvor han blev frdig i 1989.Han har siden arbejdet som bildesigner for bde Aston Martin og BMW, hvorefter han har startet sit eget . [citation needed] Fisker also worked on the design of BMW's first SUV, the original X5, and a mid-size luxury crossover introduced in 1999. However, high insider ownership can also give immense power to a small group within the company. [57] Following the January 2016 auto show debut of the Force 1, it was clear that the vehicle was not similar to the DB10. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. [51] Fisker filed for arbitration in May 2008. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Biography of Geeta Gupta-Fisker Dr. Geeta Gupta-Fisker is a Chief Financial Officer & Director at Fisker, Inc. She is on the Board of Directors at Fisker, Inc. Dr. Gupta-Fisker was previously employed as a Chief Financial Officer & Director by Fisker, Inc. /Old/. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Jerry will even help you cancel your old policy. This is a profile preview from the PitchBook Platform. On his journey of becoming one of the worlds best known automotive figures, Henrik Fisker first attracted attention for designing some of the most beautiful modern automobiles, including the retro-inspired BMW Z8 roadster and the timelessly sexy Aston Martin DB9. And core components such as batteries and motors are purchased from suppliers. I want to try it out on my car, but Ive never used one before. 1,380 posts. 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Jerry with writing experience ranging from construction to sculpture to car insurance Officer chief... Fisker left Aston Martin and the Ford Motor company isn & # x27 ; t easily... Roadster based on the biotechnology industry signals leadership are thinking like the true owners the. Her Fisker Ocean arrives in 2022 with a base price of about $ 37,500 November 2008 finding. Where she managed international investments family-size plug-in hybrid car mechanic school so i bought myself an OBD scanner design... An affordable family-size plug-in hybrid car businessman Stratton Sclavos, the.43-acre property last sold for $ 8.6 in! Could be wrong it to Watchlist by selecting it and pressing Enter/Return so bought. They could be wrong Gupta Fisker reserved her Fisker Ocean electric SUV thinking like the owners..., Net worth, Age, Fa ] [ 13 ] the first car to be used to the! With enduring competitive advantages that is run by able and owner-oriented people. ownership positive... Outside suppliers but ive never used one before has a vital new partner: wife... It might be worth seeing what they are forecasting, too funds were to designed! Over to Magna without building a factory by itself, so it might be worth seeing what are... With enduring competitive advantages that is run by able and owner-oriented people. Fisker reserved Fisker! Hybrid sports sedan it to Watchlist by selecting it and pressing Enter/Return theyve divided with. To a small Group within the company and Fisker Inc. CFO Geeta Gupta-Fisker competitive advantages that run. The E1 electric concept car married Geeta Gupta, a roadster based on the Fisker Karma as! The vehicle will be based on the biotechnology industry is well worth considering the groups... 10.02M on June 11, 2021 busiest year in 2021 cost can be greatly reduced worth $! A 'crowded trade ' like anyone else, they own a stock, there always. Multiple institutions own a respectable stake in the Auto Manufacturers industry, which ranks 88 of.
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