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Stock impact report

REE Automotive Announces Appointment of Former Chairman and CEO of Hitachi America, Hicham Abdessamad, as Chairman of the Board of Directors

REE Automotive Ltd. - Class A Ordinary Shares (REE) 
Company Research Source: GlobeNewswire
TEL AVIV, Israel, Jan. 07, 2026 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), a leading automotive technology company and provider of full by-wire electric vehicle platforms and software-enabled mobility solutions, today announced that Hicham Abdessamad has been appointed Chairman of its Board of Directors, effective December 22, 2025. Mr. Abdessamad succeeds Carlton Rose, who has served as Chairman of the Board since 2023. Mr. Rose will continue to serve as a member of REE’s Board of Directors following the transition of the Chair role to Mr. Abdessamad. Mr. Abdessamad has served on REE’s Board of Directors since March 29, 2023. He brings deep strategic leadership and extensive experience in software and digital transformation, advanced mobility technologies, and global business growth. Mr. Abdessamad served as Chairman and CEO of Hitachi America, Ltd., where he oversaw the growth objectives of Hitachi’s North America business across key sectors including digital, energy Show less Read more
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