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Tribune News Service
Tribune News Service
Business
Dominic Gates

Electric airplane CEO ousted ahead of 1st flight

Eviation Gregory Davis Richard Chandler

Omer Bar-Yohay, co-founder and CEO of electric aircraft company Eviation, abruptly left the company Monday just weeks ahead of the planned first flight of its airplane.

In a message posted on LinkedIn, Bar-Yohay cited "a long-standing disagreement with the company's main shareholder," which is the Singapore-based Clermont Group, owned by New Zealand-born billionaire Richard Chandler.

The surprise move was not Bar-Yohay's decision. His replacement, Eviation President and now interim CEO Gregory Davis, said in an interview Monday that the company board voted in December to oust Bar-Yohay.

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