"Peter Faricy took over the role from longtime Chrysler executive Chris Barman on Monday, Newsweek first reported. Barman, who has been the public face of the company since it came out of stealth about a year ago, will stay on as President of Vehicles, according to the outlet."
"Faricy worked stints at Ford and McKinsey before serving as the vice president of Amazon Marketplace for about a decade. He was the CEO of the solar firm SunPower from 2021 to 2024, and joined Slate from his latest role at Bessemer Venture Partners."
"The startup aims to begin delivering its bare-bones, two-door pickup truck by the end of 2026. It will be made at a former printing factory in Warsaw, Indiana. Slate has said the vehicle will cost somewhere in the mid-$20,000 range, but hasn't revealed final pricing yet."
Slate Auto has replaced its CEO with Peter Faricy, an executive with experience at Ford, McKinsey, Amazon, SunPower, and Bessemer Venture Partners. Chris Barman, the previous CEO and public face of the company since emerging from stealth a year ago, remains as President of Vehicles. The leadership change occurs as Slate prepares to launch production of its affordable electric pickup truck, priced around $25,000, at a former printing factory in Warsaw, Indiana. Deliveries are targeted for late 2026. Faricy's appointment reflects Slate's origins as a project within Re:Build Manufacturing, an incubator connected to Amazon, with Jeff Bezos as an investor.
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