[18][22] In September 2009, Fisker Automotive was awarded a $528 million loan guarantee by the United States Department of Energy (DOE). Insiders own US$871m worth of shares in the US$1.8b company. As their fortune balloons, its no secret that the Fiskers have been living primarily in Los Angeles, where Fisker Inc. is headquartered. Type a symbol or company name. Give your car insurance a second look with. Total Compensation. . 35 following. For the people that don't know, tell us whats Fisker Inc.? Adjoining the gym are equally lavish spa facilities with a steam bath, sauna, and lighted Himalayan salt brick walls for that special touch. She has been married to auto designer and entrepreneur Henrik Fisker since 2012; his previous EV firm filed for bankruptcy in 2014. Also downstairs is a wine room with refrigerated glass closets and dedicated tasting area. 2023 Dirt.com, LLC. The Indian Geeta Gupta-Fisker has many He has a degree in science and a Ph.D. in biology from Cambridge. Looking at our data, we can see that the largest shareholder is the CEO Henrik Fisker with 23% of shares outstanding. And Forbes says the combined net worth of Henrik and Geeta who together own 40% of the company is $3 billion and climbing fast. Dr Geeta Gupta Fisker is co-founder and CFO of Fisker Inc. She has a PhD in biotechnology and organic chemistry at the University of Cambridge and then worked in venture capital. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. Geeta Gupta Fisker was born in India and had what she calls a tough, humble childhood in an interview with. Editorial Note: The content of this article is based on the authors opinions and recommendations alone. The definition of company insiders can be subjective and does vary between jurisdictions. Simply Wall St has no position in any stocks mentioned.Have feedback on this article? 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. Pay Rank By Title In Transportation industry. (September 2020) Geeta Rao Gupta (born 1956 in Mumbai, India) is a leader on gender, women's issues, and HIV/AIDS who has been serving as executive director of the 3D Program for Girls and Women and senior fellow at the United Nations Foundation since 2017. [26][27] Assets of Fisker Automotive were sold at a bankruptcy auction in 2014 to Chinese automotive parts firm Wanxiang for $149.2 million. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Fisker Inc/de's most recent insider trade came on December 6, 2022 by But Fisker isn't so easily shaken. The left side is the data-driven analytical brain. Simply Wall St->. Browse 33 natasha fisker stock photos and images available, or start a new search to explore more stock photos and images. In the last 2 years at Fisker Inc/de, Geeta Gupta has sold an estimated value of $19.97M worth. Built by businessman Stratton Sclavos, the .43-acre property last sold for $8.6 million in 2013. fiskerinc.com. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. [36], In 2015, Fisker's HF Design teamed with Benetti Yachts to create a series of superyachts named the Benetti Fisker 50. 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. But just like anyone else, they could be wrong. [14][52] Subsequently, Tesla was ordered to pay $1.14 million in legal fees and costs to Fisker. From 2001 to 2005, Fisker held prominent executive positions at Ford Motor Company. 490 Followers. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. Just when they were busy listing the company in July this year, Geeta suddenly diagnosed with breast cancer. But Fisker isnt so easily shaken. When such a trade goes wrong, multiple parties may compete to sell stock fast. Her expertise in the field of biotechnology notwithstanding, Dr. Fisker then turned her attention to her other passions: numbers and finance. Fisker Inc. @FiskerInc American EV company. $3.29K . [24] The loan facility was frozen at $192 million in February 2012, after the DOE claimed that Fisker missed its milestones. We want to hear from you! Now hes backand three things are different. For context, the second largest shareholder holds about 23% of the shares outstanding, followed by an ownership of 5.2% by the third-largest shareholder. 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/. 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. Executive Editor of Automotive News. In 2012, Henrik Fisker married Geeta Gupta, a successful doctor who focused on the biotechnology industry. 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. Fisker is buying most of its core componentsincluding the batteries and electric motorsfrom outside suppliers. [1], In 2008, Fisker raised over $90 million from investors including venture capital firm Kleiner Perkins Caufield & Byers and actor Leonardo DiCaprio. Ph.D, Cambridge University; Bachelor of Arts/Science, Delhi University; Master of Science, University of Kent. The auto industry has seen father-son and sibling leadership teams, but Fisker Inc.s CEO-CFO combo is the fast-changing sectors first husband and wife power couple. In 2013, Fisker formed HF Design & Technology, a Los Angeles-based design house. Insider trading is most common in November, with the busiest year in 2022. [54] Fisker Automotive had failed earlier that week to meet the deadline for repayment on the loan, which was originally approved as a $529 million loan guarantee. Most of my day is spent working on the growth and evolution of the company - from securing investors, building our various teams across the organization, including an entire team of scientists and staff devoted to moving our patented Fisker solid-state battery technology toward full commercial availability across the globe. Fisker also designed the Aston Martin V8 Vantage (in production from 2005 to the present). Whats needed is deeper public opinion research and sustained efforts to understand why people think what they do about housing and then develop messages that would be persuasive to change that thinking. 2023 Forbes Media LLC. Tucked away on a secluded yet prime cul-de-sac just above L.A.s Sunset Strip, the new Fisker estate boasts thrilling westward views that encompass the Century City skyline and the Pacific Ocean. The DB9 was available as both a coupe and a convertible. Geeta Gupta's largest sale order was 561,956 units , worth over Henrik and I will never get a job after if this fails, we are done, she says. Institutional investors commonly compare their own returns to the returns of a commonly followed index. The L-shaped swimming pool is seemingly cantilevered over the city below, and the backyards sprawling patios are perfect for large-scale entertaining. By the next year, they were married. Dr. Gupta-Fisker has 20 years of experience in technology and finance. In contrast to the swoopy, sensual design of Fiskers automobiles, his home of choice is rigidly blocky and angular, though arguably no less sexy. Verified. This risk is higher in a company without a history of growth. I never got into cars because of money. The Fiskers scooped up the place at a hefty 26%, off-market discount. $10.02M on June 11, 2021. [21] Neither the Sunset or the Surf entered production. Fisker already has institutions on the share registry. (Not in my case) I was highly underpaid. Fewer than 15 of the vehicles were ever built. Cons Toxic Toxic Toxic!!! Geeta is playing a pivotal role in the next revolution to hit the automotive . She then transitioned to writing content for a diverse array of clients, where she got to do her favorite thing: learn something and then tell people about it. This is a BETA experience. 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. On 10/09/2020 FABIO ALBANO filed a Property - Other Property Fraud lawsuit against HENRIK FISKER ,. Fisker Inc. has already seen hundreds of pre-orders on its Model X-esque Ocean, which is slated to start production in November 2022. All rights reserved. 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. It was a couple of months of downtime from a movement perspective, but I'm recovering and much better., Henrik, who marvels at her fortitude throughout the health crisis says, she only missed something like one day of workThat's just how she is. Disruptive EMobility Technologies. One of the things on my plate is to ensure that we have a stellar product., Wealth isnt the purpose of the new company, Henrik says. . Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." People are terrified of Geeta Fisker [Fisker President] and aren't operating at a very high level. Hyderabad: Fisker Inc, an American electric vehicle company, choose Hyderabad to set up their IT Development Centre in Hyderabad.It will initially have an headcount of 300 IT professionals. For context, the second largest shareholder holds about 23% of the shares outstanding, followed by an ownership of 5.2% by the third-largest shareholder. [36 . So they generally do consider buying larger companies that are included in the relevant benchmark index. Alex is a contributing writer at Jerry with writing experience ranging from construction to sculpture to car insurance. Liu Shishi rumored to go to the playground after the marriage change! Concerned about the content? Interestingly, the second-largest shareholder, Geeta Gupta-Fisker is also Top Key Executive, again, pointing towards strong insider ownership amongst the company's top shareholders. [1], In 2009, Fisker displayed the company's second model, the Karma Sunset, a two-door retractable-hardtop convertible based on the regular Karma. Aston Martin subsequently stopped threatening to interfere with the development of the Force 1, and the matter was resolved in April 2016. Fisker Inc has gained Wednesday morning, with the stock gaining 2.43% in pre-market trading to 21.91. Geeta Gupta Fisker has a PhD in Biotechnology/Organic Chemistry from the University of Cambridge. Though the new Fisker company has yet to release its first vehicle, public enthusiasm for EV automakers is at an all-time high; Fisker Inc. went public last year and now sports a market cap of nearly $6 billion. Looking for Japanese and Kore Not long after the beginning of 2023, the Air Force "operated" on the Su-35, which ha What is so special about a boy's "Adam's Apple"? The company failed to meet production deadlines despite significant federal investment. I know it doesnt really matter to me personally, but I hate clutter! 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. Per the listing, every one of the mansions finishes were custom-crafted to the original homeowners specifications, surely at vast expense. Total Compensation. 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. 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. These guys are leftists and its amazing to me to see how the leftists still live. The company was founded by Henrik Fisker and Geeta Gupta-Fisker in 2016 is headquartered in Manhattan Beach, CA. [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. Geeta Gupta-Fisker. Dr Geeta Gupta-Fisker is a self-made billionaire, along with her husband Henrik Fisker, the visionary car designer. I mean, its amazing to me. She joined Lloyds Banking Group in 2004, where she managed international investments.