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Agility Robotics Taps Michael Beer as CFO Ahead of Public Listing

Agility Robotics Taps Michael Beer as CFO Ahead of Public Listing

Humanoid robotics firm Agility Robotics has appointed Michael Beer as Chief Financial Officer, a strategic move designed to bolster the company’s executive bench as it prepares for a public listing through a business combination with Churchill Capital Corp XI, a deal expected to generate over $620 million in gross proceeds.

Beer joins the team from Energy Vault Holdings, bringing extensive capital markets and public company experience to the table. His arrival allows current CFO and COO Jennifer Hunter to transition into a dedicated Chief Operating Officer role. This realignment aims to sharpen the company's focus on scaling manufacturing capabilities and operational excellence as it navigates a period of rapid commercial growth.

Agility currently manages a pipeline of more than 30 enterprise clients, including significant deployments with Schaeffler, GXO, and Toyota Motor Manufacturing Canada. Backed by heavyweights such as NVIDIA, Amazon, and SoftBank Vision Fund 2, the company is using this leadership shift to solidify its financial strategy. CEO Peggy Johnson emphasized that the division of labor between finance and operations is a necessary evolution to handle the increasing complexity of the business as it moves toward the public markets.

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