General Discussion

https://en.wikipedia.org/wiki/Tony_Aquila

Under an agreement established in November 2020, Canoo reimbursed Aquila Family Ventures, a company owned by Canoo's CEO, for the use of a private aircraft, with expenditures amounting to $1.7 million in 2023, surpassing the company’s $886,000 in revenue for that year. Additionally, Canoo compensated Aquila Family Ventures for shared services support at its Justin, Texas, corporate office, totaling another $1.7 million in 2023, as detailed in regulatory filings. Under Aquila's management, the Canoo stock has fallen over 90%.[10]

Since founding the company in 2005, Aquila served as the chairman and CEO of Solera Holdings until his departure in May 2019.[11][12] In November 2018, the Solera Board formally reprimanded Aquila for his conduct and policy violations and directed remedial measures. He left Solera in 2019, and later sued them for breach of contract, though the lawsuit was ultimately tossed out of court.[13] In court filings, Solera claimed Aquila was fired for cause, that he charged the company for private jet flights that were for his personal use, and that his “brash, vulgar, and belittling comments to colleagues resulted in … significant personnel turnover, including in the executive ranks.”[14]