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Urgently Promotes Michael Port to Chief Financial Officer

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Urgently (NASDAQ: ULY), a digital roadside and mobility assistance technology provider, has appointed Michael Port as its new Chief Financial Officer, effective June 6, 2025. Port, who currently serves as Senior Vice President of Finance at Urgently, will succeed Timothy C. Huffmyer, who is stepping down to pursue other opportunities.

Port brings significant automotive and financial experience, having previously served as VP of Finance and Controller at Lordstown Motors Corp., CFO of Energy Focus Inc., and as a consultant for Nu Ride Inc. CEO Matt Booth expressed confidence in Port's appointment, citing his extensive experience in senior financial roles across the automotive and high-growth industries.

Urgently (NASDAQ: ULY), fornitore di tecnologie digitali per l'assistenza stradale e la mobilità, ha nominato Michael Port come nuovo Chief Financial Officer, con effetto dal 6 giugno 2025. Port, attualmente Senior Vice President of Finance presso Urgently, succederà a Timothy C. Huffmyer, che si dimette per intraprendere nuove opportunità.

Port vanta una significativa esperienza nel settore automobilistico e finanziario, avendo ricoperto in precedenza i ruoli di VP of Finance e Controller presso Lordstown Motors Corp., CFO di Energy Focus Inc. e consulente per Nu Ride Inc. Il CEO Matt Booth ha espresso fiducia nella nomina di Port, sottolineando la sua vasta esperienza in ruoli finanziari di alto livello nei settori automobilistico e delle aziende in rapida crescita.

Urgently (NASDAQ: ULY), proveedor de tecnología digital para asistencia en carretera y movilidad, ha nombrado a Michael Port como su nuevo Director Financiero, con efecto a partir del 6 de junio de 2025. Port, quien actualmente se desempeña como Vicepresidente Senior de Finanzas en Urgently, sucederá a Timothy C. Huffmyer, quien deja el cargo para buscar otras oportunidades.

Port aporta una amplia experiencia en el sector automotriz y financiero, habiendo sido anteriormente VP de Finanzas y Controlador en Lordstown Motors Corp., CFO de Energy Focus Inc. y consultor para Nu Ride Inc. El CEO Matt Booth expresó confianza en el nombramiento de Port, destacando su amplia experiencia en cargos financieros senior en las industrias automotriz y de rápido crecimiento.

Urgently (NASDAQ: ULY)는 디지털 도로 및 모빌리티 지원 기술 제공업체로서, 2025년 6월 6일부로 마이클 포트(Michael Port)를 새로운 최고재무책임자(CFO)로 임명했습니다. 현재 Urgently에서 재무부문 수석 부사장으로 재직 중인 포트는 다른 기회를 모색하기 위해 사임하는 티모시 C. 허프마이어(Timothy C. Huffmyer)를 대신합니다.

포트는 이전에 Lordstown Motors Corp.의 재무 부사장 겸 관리 책임자, Energy Focus Inc.의 CFO, 그리고 Nu Ride Inc.의 컨설턴트로 근무하는 등 자동차 및 금융 분야에서 풍부한 경험을 보유하고 있습니다. CEO 매트 부스(Matt Booth)는 자동차 및 고성장 산업에서의 고위 재무 역할에 대한 포트의 폭넓은 경험을 언급하며 그의 임명에 대한 신뢰를 표명했습니다.

Urgently (NASDAQ : ULY), fournisseur de technologies numériques pour l'assistance routière et la mobilité, a nommé Michael Port nouveau directeur financier, à compter du 6 juin 2025. Port, qui occupe actuellement le poste de vice-président senior des finances chez Urgently, succédera à Timothy C. Huffmyer, qui quitte ses fonctions pour poursuivre d'autres opportunités.

Port apporte une solide expérience dans les secteurs automobile et financier, ayant précédemment occupé les postes de vice-président des finances et contrôleur chez Lordstown Motors Corp., directeur financier d'Energy Focus Inc., ainsi que consultant pour Nu Ride Inc. Le PDG Matt Booth a exprimé sa confiance dans la nomination de Port, soulignant son expérience étendue dans des fonctions financières de haut niveau dans les industries automobile et à forte croissance.

Urgently (NASDAQ: ULY), ein Anbieter digitaler Technologien für Pannenhilfe und Mobilität, hat Michael Port zum neuen Chief Financial Officer ernannt, wirksam ab dem 6. Juni 2025. Port, der derzeit als Senior Vice President of Finance bei Urgently tätig ist, wird Timothy C. Huffmyer nachfolgen, der zurücktritt, um andere Möglichkeiten zu verfolgen.

Port bringt umfangreiche Erfahrung im Automobil- und Finanzbereich mit, nachdem er zuvor als VP of Finance und Controller bei Lordstown Motors Corp., CFO bei Energy Focus Inc. und als Berater für Nu Ride Inc. tätig war. CEO Matt Booth zeigte sich zuversichtlich bezüglich der Ernennung von Port und verwies auf dessen umfassende Erfahrung in leitenden Finanzpositionen in der Automobil- und Wachstumsbranche.

Positive
  • Internal promotion demonstrates succession planning and talent development
  • New CFO brings relevant automotive industry experience from Lordstown Motors
  • Smooth transition period with outgoing CFO providing extended help
Negative
  • Departure of current CFO Timothy Huffmyer could indicate potential strategic shifts
  • New CFO's previous company Lordstown Motors faced financial challenges and underwent restructuring

VIENNA, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced the appointment of Michael Port as Chief Financial Officer, effective June 6, 2025. Mr. Port assumes the role from Timothy C. Huffmyer, who is stepping down as Chief Financial Officer to pursue other opportunities.

Mr. Port previously served as Senior Vice President of Finance of Urgently. Prior to joining Urgently, Mr. Port served as Vice President of Finance and Controller of Lordstown Motors Corp. (“Lordstown”), an electric vehicle original equipment manufacturer and innovator, from September 2021 until June 2023, then Mr. Port consulted with Lordstown’s successor company, Nu Ride, Inc. (“Nu Ride”), providing transition services to Nu Ride’s management team. Mr. Port previously served as Chief Financial Officer of Energy Focus Inc., a manufacturer of LED lighting products and as an operational and strategic advisor to various manufacturing and service companies through MHPort Consulting LLC.

“We are delighted to have Mike join Urgently at this very exciting time in our Company’s growth,” said Matt Booth, CEO of Urgently. “Mike’s wealth of experience in various senior level financial positions across the automotive industry and other high growth industries make him a great match for Urgently. We appreciate Tim’s many contributions to Urgently, are grateful for his extended help in transition and wish him all the best in his future endeavors.”

About Urgently

Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

For media and investment inquiries, please contact:

Press: media@geturgently.com

Investor Relations: investorrelations@geturgently.com


FAQ

Who is the new CFO of Urgently (ULY) and when does he start?

Michael Port will become CFO of Urgently (ULY) effective June 6, 2025. He currently serves as the company's Senior Vice President of Finance.

What is Michael Port's previous work experience before joining Urgently (ULY)?

Prior to Urgently, Port served as VP of Finance and Controller at Lordstown Motors Corp., CFO of Energy Focus Inc., and provided consulting services to Nu Ride Inc. through MHPort Consulting LLC.

Why is Urgently (ULY) changing its CFO?

Current CFO Timothy C. Huffmyer is stepping down to pursue other opportunities, leading to Michael Port's promotion from Senior VP of Finance to CFO.

What is Urgently's (ULY) main business?

Urgently (ULY) is a U.S.-based leading provider of digital roadside and mobility assistance technology and services.
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