S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Karma Automotive Names Scott Durbin as CFO

Irvine-based luxury automaker Karma Automotive has appointed Scott Durbin as its new Executive Vice President and Chief Financial Officer. The move signals a strategic push to bolster the company's financial leadership as it navigates an ambitious product rollout and scaling trajectory within the competitive ultra-luxury vehicle market.

Karma Automotive Names Scott Durbin as CFO
Photo: Bio & News

Durbin joins the company with a 25-year career history that includes investment banking stints at Lehman Brothers and executive leadership roles at firms like Viveve and Vericel Corporation. Throughout his tenure at Viveve, he oversaw the procurement of over $250 million in equity capital, a background the company expects will prove vital as it manages the launch of upcoming models such as the Gyesera Grande Coupé and the high-performance Kaveya super-coupe.

President and Chief Executive Marques McCammon cited Durbin’s blend of entrepreneurial agility and public markets experience as the primary catalyst for the hire. Durbin, who holds degrees from Yale and the University of Michigan, will oversee the company's capital strategy as it expands its footprint in the U.S. and European markets. His appointment arrives as the manufacturer ramps up production of its 3rd Generation Revero series at its Moreno Valley facility, aiming to solidify its position as a specialized player in the hybrid electric vehicle sector.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!