Phoenix Motor Inc. reported that J. Mark Hastings has been appointed as the Chief Investment Officer of the Company, effective December 28, 2023. Mr. Hastings, age 60, has served as the Company?s SVP of Strategy and Corporate Development and Head of Investor Relations since August 2022. Prior to that, Mr. Hastings served as Vice President of Finance and Insurance and Head of Rodo Insurance Agency at Rodo Inc. where, as a Leadership Team Member, he established and headed its online fintech department and founded and served as head of Rodo Insurance Agency.

From 2013 to 2018, Mark served as Principal, Portfolio Manager/Analyst and Head of Investor Relations at Geosphere Capital Management in New York, NY. From 2010 to 2013, Mr. Hastings served as Portfolio Manager/Trader and Head of Investor Relations at Saugatuck Energy in Southport, CT. From 2005 to 2007, Mr. Hastings was a Research Analyst at S.A.C. Capital Advisors (now Point72 Asset Management) in Stamford, CT.

Prior to that, Mark was Director of Global Energy Sell Side Equity Research at Deutsche Bank in New York, NY from 2000 to 2003. From 1994 to 1999, Mr. Hastings was Vice President/Senior Industry Analyst of Sell Side Equity Research at Merrill Lynch & Co. Mark started his career as Senior Auditor at Exxon Corporation in New Jersey and Houston, TX from 1991 to 1994.

Mr. Hastings was awarded a Bachelor of Arts degree in Economics from the University of Virginia and a Master of Business Administration degree in Finance from the University of Tennessee, where he earned the James M. Gower Outstanding MBA Achievement Award.