Lilium N.V. has announced the appointment of Johan Malmqvist with over 25 years of experience as a CFO in global public and private companies across various sectors and geographies, as CFO, effective April 1, 2024.
Lilium N.V., the developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has announced the appointment of Johan Malmqvist as Chief Financial Officer (CFO), effective April 1, 2024. With over 25 years of experience as a CFO in global public and private companies across various sectors and geographies, Johan Malmqvist brings a wealth of expertise to his new role. Johan Malmqvist succeeds Oliver Vogelgesang, who has been with Lilium since 2021, initially joining as Senior Vice President of Finance & Controlling.
Most recently, Johan served as CFO at Polestar Automotive Holding UK PLC, a premium electric vehicle manufacturer. In this capacity, he led Polestar’s financial organization, overseeing finance, tax, treasury, and investor relations. Johan played a crucial role in guiding Polestar through its U.S. public listing and spearheaded the company’s capital formation activities. Prior to his tenure at Polestar, Johan served for over seven years as CFO at Dole Food Company, a global distributor and marketer of fresh fruits and vegetables. During his time at Dole, Johan was instrumental in navigating the company through its merger with Total Produce and its subsequent reemergence as a public company.
“We are excited to welcome a seasoned finance executive of Johan’s caliber to the Lilium leadership team,” said Lilium CEO Klaus Roewe. “With his depth and breadth of experience in senior finance and leadership roles at global and public and private companies, Johan is uniquely positioned to help scale Lilium through its next phase of growth, including our 2026 entry into service. We appreciate Oliver’s contributions to Lilium and wish him well in his future endeavors,” he further added.
Lilium is on a mission to create a sustainable and accessible mode of high-speed regional transportation for both people and goods. Utilizing the Lilium Jet, an all-electric vertical take-off and landing aircraft, the company aims to offer leading capacity, low noise, and high performance with zero operating emissions, thereby accelerating the decarbonization of air travel.
“I am privileged to join Lilium at this paramount time in its corporate journey,” said Johan Malmqvist, Chief Financial Officer, Lilium N.V. “As the company advances from design to industrialization, Lilium is poised to revolutionize regional air travel. I look forward to collaborating with the team to help further articulate Lilium’s distinct story while together we pioneer a more sustainable means of travel,” he further added.
Collaborating with leaders in aerospace, technology, and infrastructure, Lilium has garnered significant interest in its innovative jet technology, with sales and indications of interest from regions including Europe, the United States, China, Brazil, the UK, the United Arab Emirates, and the Kingdom of Saudi Arabia. The company’s team comprises over 950 employees, including approximately 500 aerospace engineers and a leadership team with a proven track record in delivering successful aircraft programs.
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Founded in 2015, Lilium is headquartered in Munich, Germany, with manufacturing facilities and teams based across Europe and the U.S. With a focus on innovation and sustainability, Lilium is poised to revolutionize air travel and shape the future of transportation.
