Workhorse Group Inc. (Nasdaq: WKHS), the North American manufacturer of all-electric trucks, step vans, shuttles and buses, has appointed Jody Davis as Chief Financial Officer. The Detroit-area company announced the appointment on 13 July 2026. Davis succeeds Bob Ginnan, who is retiring after leading the company's finance function since January 2022.
Davis brings approximately 15 years of finance leadership across the manufacturing, energy storage, aerospace and technology sectors, with a record of closing large capital rounds and guiding development-stage businesses into full production. His experience spans strategic finance, capital formation, capital markets, treasury and financial planning and analysis, as well as building the finance infrastructure that capital-intensive companies need as they move from development into commercialization.
Immediately before joining Workhorse, Davis served as Vice President of Strategic Finance at Unimacts, where he led financing initiatives across multiple entities within a complex capital structure. He was previously Chief Financial Officer of Evio, formerly EOS Aircraft Inc., a hybrid-electric regional aircraft program, where he led the strategic repositioning of the business to Montreal as part of an Industrial and Technological Benefits partnership with Boeing Canada. He was also part of the founding team and Chief Financial Officer of Our Next Energy, a Michigan-based lithium iron phosphate battery innovator that scaled from pre-seed stage to production and around 500 employees during his tenure.
"Jody is a company-builder who has deep and direct experience in numerous areas that are critical to Workhorse at this stage in our journey," said Scott Griffith, Chief Executive Officer of Workhorse. "His experience raising later-stage growth capital combined with experience developing relationships with analysts and investors will be a strong addition to the Workhorse leadership team."
Davis said his focus would be on bringing in capital partners and maintaining a financial architecture that keeps pace with the company's growth plans, including the right capital structure, disciplined cost management and reporting systems that give the team, customers and investors clear visibility. Workhorse said his background suits its near-term priorities, which include securing additional growth capital, deepening relationships with analysts and institutional investors, and accelerating cost reductions on the W56 and next-generation Class 5 to 6 platforms.
Ginnan served as Chief Financial Officer from January 2022, helping the company through capital raises, a divestiture and its merger with Motiv Electric Trucks. Headquartered in the Detroit area with a manufacturing plant in Union City, Indiana, Workhorse builds electric trucks, shuttles and buses for medium-duty fleets across North America.
