Board of Directors

Mr. Olkkola has served as a director of the Board since October 2020 and prior to this, served as a director of Legacy Hyliion since June 2016. Mr. Olkkola also served as the Chief Operating Officer of Hyliion from January 2018 to October 2018 and as an employee of Hyliion until March 2020, however his employment ended prior to the Business Combination.

Since 2009, Mr. Olkkola has served as a managing director of Teakwood Capital, LP, an investment firm, where he manages private equity investment funds focused on micro-cap portfolio companies. Prior to joining Teakwood Capital, LP, Mr. Olkkola served as the Senior Vice President, New Products and Business Development for A. H. Belo Corporation, a Dallas, Texas based media company, from 2007 to 2009, where his responsibilities were focused on strategic investments in media and technology companies. Prior to joining A. H. Belo Corporation, Mr. Olkkola was a general partner at Austin Ventures from 1997 to 2005 and an operating partner from 2006 to 2007 where he established the communications technology investment practice.

During his career, Mr. Olkkola has brought over a dozen new products to market and holds patents in core communications and network technologies including voice recognition, home networking and real-time signal processing. Mr. Olkkola holds a B.S. in Finance and Management Information Systems from the University of Massachusetts and an M.B.A. from Northeastern University.

Thomas Healy is the CEO at Hyliion, leading the company’s strategic growth in the commercial transportation industry. A mechanical engineer by trade with a passion for racing and motorsports, he founded the company in 2015 with the mission to bring the advantages of hybrid technology to tractor trailers. Under his leadership, Hyliion has raised $52 million in capital to date and acquired Gentherm’s battery division to fuel its ongoing innovation in hybrid electric technology.

A serial entrepreneur, Thomas founded two prior start-ups and was named one of Forbes 30 Under 30 in 2017. He is a graduate of Carnegie Mellon University with a dual bachelor’s degree in mechanical engineering and engineering and public policy.

Mr. Card has served as a director of the Board since October 2020. Since January 2018, Mr. Card has served as Chairman of National Endowment for Democracy, a nonprofit foundation. From 2015 until 2016, Mr. Card served as President of Franklin Pierce University, and also previously served as the Executive Director of the Office of the Provost and Vice President for Academic Affairs at Texas A&M University. Prior to that, Mr. Card served as Chief of Staff to President George W. Bush, the 11th Secretary of Transportation under President H.W. Bush and Deputy Assistant to the President and Director of Intergovernmental Affairs for President Ronald Reagan.

Additionally, Mr. Card previously served as Vice President-Government Relations for General Motors Corporation, and as the President and Chief Executive Officer of the American Automobile Manufacturers Association. Mr. Card has served as a director of Union Pacific Corporation, a railroad company, since July 2006, Draganfly Inc., a manufacturer of unmanned aerial vehicles, since November 2019 and Lorillard Inc., a tobacco company, from July 2011 to June 2015.

Mr. Card is a graduate of the University of South Carolina with a B.S. in Engineering. He also attended the U.S. Merchant Marine Academy and the John F. Kennedy School of Government at Harvard University. Mr. Card served in the U.S. Navy from 1965 to 1967.

Elaine Chao is a highly experienced leader of large public, private, and non-profit organizations, as well as a veteran expert in strategic management and oversight, crisis management and communications, innovative transformations, public/private partnerships and coalition building. She has a distinguished career leading domestic and international organizations, and special expertise in East Asia. She has been confirmed to two cabinet positions by the U. S. Senate on a strong bipartisan basis. Elaine is well known as the first Asian-Pacific American woman to serve in the President's cabinet in American history. She is also the longest serving Cabinet Secretary since World War II.

At the U. S. Department of Transportation, an organization of 77,000 people and a budget of approximately $124 billion including the Federal Aviation Administration, Secretary Chao has focused on keeping our nation’s transportation system safe and efficient; investing over $300 billion in infrastructure over three and a half years; and, promoting American innovation in autonomous vehicles, unmanned aerial systems, commercial space and supersonic jets. During the COVID-19 health crisis, Secretary Chao’s decisive actions kept America’s transportation networks open, safe and operational.

As U.S. Secretary of Labor, a department of over 17,500 employees and a budget of over $70 billion, Secretary Chao focused on increasing the competitiveness of America’s workforce in a global economy. She set new records at the time for workplace safety and health, while reducing the annual budget by 9% through more effective cost control and better management practices.

Prior to becoming U. S. Secretary of Labor, Elaine Chao was President and Chief Executive Officer of United Way of America, where she restored public trust by reforming the governance structure and instilling a new culture of accountability and transparency after the organization had been tarnished by previous financial mismanagement and abuse. 64% of Americans had heard of the scandal, which caused contributions to plummet. Because of the governance reforms she instituted, overall contributions rebounded to $3.2 billion within four years.

Elaine Chao also served as head of the Peace Corps, where she launched programs supporting women and entrepreneurs in the newly liberated Baltic nations and former Soviet Union. She began her public service working on transportation and trade issues at the White House. She was promoted in rapid succession to Deputy Maritime Administrator, U. S. Department of Transportation; Chairman, Federal Maritime Commission; and, Deputy Secretary, U.S. Department of Transportation. Early in her career, Elaine worked in the private sector as a banker with Citicorp in New York and BankAmerica Capital Markets Group in San Francisco, where she helped establish the West Coast Syndications unit.

Elaine has been a director on numerous public boards while out of government. As a Board member, she has advocated for innovation and business transformations. She has also been a director on many private and nonprofit boards, including Harvard Business School Board of Dean’s Advisors and Global Advisory Board and a trustee of the Kennedy Center for the Performing Arts.

An immigrant who arrived at the age of 8 not speaking English, she received her citizenship at age 19. Elaine earned her undergraduate degree in economics from Mount Holyoke College, and her MBA from Harvard Business School.

Jay Craig served as Chief Executive Officer and President of Meritor, Inc. from April 2015 through December 2021. Prior to this, Mr. Craig was President and Chief Operating Officer, with oversight of Meritor’s business segments – Commercial Truck & Industrial and Aftermarket & Trailer. He has been a member of the Meritor Board of Directors since April 2015. Prior to taking on the role of President and COO, Mr. Craig was Senior Vice President and President of Meritor’s Commercial Truck & Industrial segment. He served as Senior Vice President and Chief Financial Officer at Meritor from 2009 to 2013 and has held various leadership positions at the company since 2006.

Before joining Meritor, Mr. Craig served as President and CEO of General Motors Acceptance Corp.’s (“GMAC”) Commercial Finance organization from 2001 to 2006. Prior to that, Mr. Craig was President and CEO of GMAC’s Business Credit division from 1999 until 2001. He joined GMAC as a general auditor in 1997 from Deloitte & Touche, where he served as an audit partner. He is a member of the Dean's Advisory Board at Michigan State University's Broad College of Business.

Mr. Cubbage served as TortoiseCorp’s Chief Executive Officer, President and director from November 2018 to September 2020, as Chairman of the TortoiseCorp board of directors since the completion of its initial public offering on March 4, 2019, and continues to serve on the Board following the completion of the Business Combination. He has served as Managing Director — Private Energy of Tortoise Capital Advisors, L.L.C. since January 2019.

Mr. Cubbage has served as the Chief Executive Officer and a member of the Board of Managers of Lightfoot Capital Partners GP LLC, the general partner of Lightfoot Capital Partners, LP, from its formation in 2006 through its wind-up in December 2019. He served as Chief Executive Officer, Director and Chairman of the Board of Arc Logistics GP LLC, the general partner of Arc Logistics Partners LP (NYSE: ARCX), from October 2013 to the date of its sale in December 2017. From 2007 to 2011, Mr. Cubbage also served on the board of managers of the general partner of International Resources Partners LP, a private partnership founded by Lightfoot Capital.

Prior to founding Lightfoot Capital, Mr. Cubbage was a Senior Managing Director and Sector Head in the Investment Banking Division of Banc of America Securities, where he worked from 1998 to 2006. Before joining Banc of America Securities, Mr. Cubbage was a Vice President at Salomon Smith Barney in the Global Energy and Power Group where he worked from 1994 to 1998.

Mr. Cubbage received an M.B.A. from the American Graduate School of International Management and a B.A. from Eastern Washington University.

Mary Gustanski spent over 39 years in the automotive industry. She retired in 2019 as the senior vice president and chief technology officer for Delphi Technologies, formerly Delphi Automotive. In this role, Gustanski was responsible for the company’s innovation and global technologies, including advanced propulsion systems for future vehicle electrification. Prior to this role, she served as vice president, Engineering & Program Management for Delphi Automotive, which spun off its propulsion business to become Delphi Technologies in 2017.

Throughout her career, Gustanski was responsible for bringing new technologies to market in support of the evolving automotive industry and regulatory requirements. She now applies her technical and business skills to consulting services as well as joining the Hyliion Board of Directors in August 2021. Gustanski’s passion is contributing to the development and commercialization of innovative solutions. 

Gustanski began her 39-year career as a college cooperative student at the former AC Spark Plug Division of General Motors. She was hired full time as an associate manufacturing engineer in April 1985, and went on to gain experience with multiple roles in engineering, manufacturing, quality, and program management. Gustanski held several senior executive positions including serving on Delphi Powertrain’s Executive Staff from 2006-2014, responsible for Engineering, Operations & Customer Satisfaction. In August 2014, she was appointed to the corporate engineering team as the vice president of Engineering and Program Management. 

Gustanski was recognized as one of the “100 Leading Women in the North American Auto Industry” by Automotive News in 2010 and 2015. She was named by Motor Trend as one of the 50 Power List for 2018. Gustanski was also presented with the 2019 Engineering Achievement Alumni Award from Kettering University. 

Gustanski earned a bachelor’s degree in Mechanical Engineering as well as a master’s degree in Manufacturing Management from Kettering University (formerly GMI).

Mr. Jenkins has served as a director of the Board since October 2020 and prior to this, served as a director of Legacy Hyliion since 2016. Since January 2017, Mr. Jenkins has served as managing partner of Axioma Ventures, LLC, an investment firm. Mr. Jenkins has served as a director of Bridge Connector, LLC, a Nashville, Tennessee based healthcare information technology company, since January 2018. Since 1977, Mr. Jenkins has served on the board of directors of Publix Super Markets, Inc., an employee-owned company operating supermarkets in seven states in the Southeast U.S. Mr. Jenkins also serves on the board of directors of two privately held companies.

Mr. Jenkins received his B.A. in Economics from Emory University.

Mr. Knight has served as a director of the Board since October 2020. Mr. Knight served as Chief Financial Officer of Union Pacific Corporation, a transportation company that primarily operates one of the largest railroads in North America, from 2004 until his retirement in 2019. Mr. Knight has served as a director of Schneider National, Inc., a transportation and logistics company, since April 2020 and Carrix, Inc., a privately-held marine terminal and rail operator company, since February 2020.

Mr. Knight holds a bachelor’s degree in business administration from Kansas State University and an M.B.A. from Southern Illinois University.

Mr. Pang has served as a director of the Board since October 2020 and prior to this, served as a director of TortoiseCorp since the completion of its initial public offering on March 4, 2019 and has served as TortoiseCorp’s Chief Financial Officer since January 2020. Mr. Pang is a Managing Director and Portfolio Manager at Tortoise and is responsible for Tortoise’s public and private direct investments across its energy strategies, where he has served as Vice President of Tortoise Pipeline & Energy Fund, Inc., a closed-end fund, since May 2017.

Prior to joining Tortoise Investments, LLC in 2014, Mr. Pang was a Director in Credit Suisse Securities (USA) LLC’s Equity Capital Markets Group. Before joining Credit Suisse Securities (USA) LLC in 2012, he spent eight years in Citigroup Global Markets Inc.’s Investment Banking Division, where he focused on equity underwriting and corporate finance in the energy sector. Since October 2019, Mr. Pang has served as a member of the board of managers of Mexico Pacific Limited LLC.

Mr. Pang received a B.S. in Business Administration from the University of Richmond and is a CFA charterholder.