Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 14, 2021, the Board of Directors (the “Board”) of SVF Investment Corp. 3 (the “Company”) appointed Cristiana Falcone as a director of the Company. The Board determined that Cristiana qualified as an independent director under rules of the Nasdaq Capital Market. Cristiana was also appointed to serve as a member of the Company’s audit committee, compensation committee and nominating committee.
There are no transactions involving the Company and Cristiana that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.
Cristiana has over 17 years of international experience in strategy, change management and business development for global corporations (SONY, Shell, Revlon), international governmental organizations (ILO, IFAD, FAO, UNDCCP, IADB) and the media (Radio Televisione Italiana, Gruppo Espresso, Univision, Viacom), working with and advising the most senior leadership.
Through her role at the World Economic Forum, where she led the Media, Entertainment and Information community, and as non-executive director of three major companies Cristiana has established a reputation as a global leader in digital disruption and adapting to stay relevant in a rapidly changing world. She is committed to helping to find financially viable paths to sustainability, including through her work as a non-executive director at the Global Fashion Agenda.
Since 2006, Cristiana has been Chief Executive Officer and trustee of the JMCMRJ Sorrell Foundation, and has overseen the donation of in excess of £10m to a range of causes supporting education, health, and interfaith dialogue. Cristiana is a trustee at Tufts University, the Paley Center for Media; and Internews. She is an investor in tech female founders.
