Former GM executive John Smith joins Xos board of directors

LOS ANGELES - Electric vehicle manufacturer Xos, Inc. (NASDAQ:XOS), currently valued at $27.4 million, announced Friday the appointment of John F. Smith to its Board of Directors, effective August 18, 2025. According to InvestingPro data, the company faces significant operational challenges with a weak financial health score of 1.5 out of 5.

Smith, who retired as Group Vice President of Corporate Planning and Alliances at General Motors after a 42-year career with the automaker, will serve as a Class I director until Xos’s 2028 annual meeting of stockholders. He has also been appointed to the Board’s Audit Committee.

With Smith’s addition, the Xos board expands from eight to nine directors. Smith currently serves as Principal of Eagle Advisors LLC, a strategy development and performance-improvement consultancy he founded in 2011.

His previous board experience includes positions at TI Fluid Systems plc, American Axle & Manufacturing, and Covisint Corp, where he served as Chairman until its sale in 2017. He also served on the board of CEVA Logistics from 2013 to 2019.

"John’s track record across OEM strategy, alliances, and supply-chain leadership is a powerful complement to our Board as we scale MDXT production, expand our Xos Hub deployments, and deepen collaborations with strategic partners," said Dakota Semler, Co-Founder and Chief Executive Officer of Xos, in a press release statement.

Xos manufactures medium-duty battery-electric vehicles including the MDXT chassis cab and Step Van, along with mobile charging solutions like the Xos Hub. The company serves customers in sectors including parcel delivery, food and beverage, cash-in-transit, government, and vocational applications.

Founded in 2015, Xos is headquartered in Los Angeles with production operations in Tennessee.

In other recent news, Xos Inc reported a record revenue of $18.4 million for the second quarter of 2025. This achievement stands out despite a decline in the company’s gross margin, which fell to 8.8% from 20.6% in the previous quarter. In another development, Xos has entered into a letter agreement with Aljomaih Automotive Co. The agreement clarifies the terms of an existing convertible promissory note and sets a cap on the number of common shares that may be issued for interest payments. The total number of shares deliverable or previously delivered under this note shall not exceed 1,737,247 shares. This limit represents 19.99% of Xos’s outstanding common shares as of August 8, 2025. These recent developments provide important insights for investors interested in Xos Inc.

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