Agility Robotics Names Mark Vale as Expected Audit Committee Chair Ahead of Public Listing

SUMMARY

Agility Robotics said on 19 October 2026 that Mark Vale, CEO and board member at Transportation Insight and a former president of UPS, is expected to join its board of directors and chair the audit committee. The appointment depends on completion of the company's previously announced business combination with Churchill Capital Corp XI, a Nasdaq-listed company (CCXI).

Agility says Vale has more than three decades of experience in logistics, operations and finance. He spent over 30 years at UPS, where he was global president and held financial roles including corporate controller and chief financial officer for international operations. At Transportation Insight he was previously chief financial and administration officer. Agility says the appointment adds experience as it expands customer deployments of Digit, scales manufacturing and prepares to operate as a public company.

As audit committee chair, Vale will help oversee financial reporting, internal controls and the company's relationship with its independent auditor. Agility expects him to serve alongside the previously announced directors Merline Saintil, Derek Aberle and Pierre Gentin, as well as CEO Peggy Johnson and co-founder Damion Shelton. Bruce Leak and Matt Ocko have stepped down from the board.

Under the proposed business combination between Agility Robotics and Churchill Capital Corp XI, the combined company is expected to operate as Agility Robotics and trade on Nasdaq under the ticker symbol AGLT. The release says the proposed transaction will be submitted to the shareholders of Churchill Capital Corp XI for their consideration. It also describes Vale's expected appointment and the expected board composition as forward-looking statements.

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