Finance
Sweden's Einride taps Anubhav Verma as CFO ahead of US debut
Published by Global Banking and Finance Review
Posted on November 24, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 24, 2025
1 min readLast updated: January 20, 2026
Einride appoints Anubhav Verma as CFO, preparing for a US public listing through a SPAC merger, valuing the company at $1.8 billion.
(Reuters) -Swedish self-driving truck company Einride on Monday named outsider Anubhav Verma as its chief financial officer, ahead of its expected public listing in the U.S. early next year.
Verma has been the CFO of sensor manufacturer MicroVision since 2021. Prior to that, he was senior vice president of finance at business software provider Exela Technologies, where he led a $2.8 billion SPAC reverse merger.
"Anubhav's experience in leading a multi-billion-dollar SPAC combination and cross-border expansion in automotive and industrial sectors directly aligns with our growth strategy as we prepare to make our public market debut," Einride CEO Roozbeh Charli said.
Einride said earlier this month it would list in the U.S. through a merger with blank-check firm Legato Merger Corp III, in a deal valuing the company at $1.8 billion.
A SPAC, or special purpose acquisition company, is a shell firm that raises money through an IPO to merge with a private business and take it public, providing a quicker route to market than a traditional IPO.
(Reporting by Anhata Rooprai in Bengaluru and Marie Mannes in Stockholm; Editing by Shreya Biswas)
A CFO, or Chief Financial Officer, is a senior executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.
A SPAC, or Special Purpose Acquisition Company, is a shell corporation created to raise capital through an IPO for the purpose of acquiring an existing company, allowing it to go public more quickly than a traditional IPO.
A public listing refers to the process of offering shares of a private company to the public through a stock exchange, allowing the company to raise capital from public investors.
A merger is a business combination where two companies join to form a new entity, often to enhance operational efficiency, expand market reach, or achieve strategic goals.
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, focusing on the relationships among stakeholders and the goals of the organization.
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