Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Effective as of July 13, 2020, Kenneth Suslow elected to resign from his
position as a director of Acamar Partners Acquisition Corp. (the "Company").
There were no disagreements between the Company and Mr. Suslow on any matters
relating to the Company's operations, policies or practices. The Company's Board
of Directors wants to thank Mr. Suslow for his time and dedication to the
Company since his appointment.
To fill the vacancy on the Board of Directors after Mr. Suslow resigned, Teck
Wong was appointed as a director of the Company. In addition, James Skinner, a
current director of the Company has been appointed as the Chair of the Company's
Audit Committee. Mr. Wong was recently a Managing Director of the Blackstone
Alternative Asset Management ("BAAM") Hedge Fund Solutions Group and a member of
the BAAM Special Situations Investing Group until December 2019. During Mr.
Wong's time at BAAM, his responsibilities included managing the Group's
investments in special purpose acquisition companies. Before joining BAAM in
January 2018, Mr. Wong was a co-founder and Chief Investment Officer at
Arrakasta Capital, starting in August 2015. Before the launch of Arrakasta
Capital, Mr. Wong was a Managing Director and a Portfolio Manager at CarVal
Investors from 2008 to 2014, overseeing investments in corporate, structured and
distressed credits, and special situations equities. Mr. Wong began his
investment career as a Senior Credit Analyst at Loews Corporation from 2003 to
2005, and then as a Director in distressed and special situations at Ramius
Capital from 2005 to 2008. Prior to that, Mr. Wong worked as a proprietary
trader at J.P. Morgan from 1996 until 1999. He also served as a co-founder and
Director of Business Development at Q-Wireless from 2001 to 2002. Mr. Wong
received a Bachelor's degree, with distinction, in Economics and Asian Studies
from Cornell University, and a Master of Business Administration degree from
Harvard Business School.
Mr. Wong is currently not compensated for serving in any of his positions as a
director of the Company. There is no family relationship between any of our
directors or executive officers. There have been no transactions regarding Mr.
Wong that are required to be disclosed pursuant to Item 404(a) of Regulation
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