Arrive Announces New Chief Financial Officer
Todd Pepmeier joins the company known for its smart mailbox
INDIANAPOLIS – May 22, 2023 – Arrive today announced that Todd Pepmeier has joined the company as Chief Financial Officer.
Pepmeier’s extensive background includes executive leadership roles in finance and operations across automotive, aerospace, healthcare and information technology sectors. He has held executive positions in manufacturing, sales, product development, engineering and consulting services at Agilify Automation, Kinney Group, Ascension Health, Rolls-Royce and the Ford Motor Company.
“Startups require people with extensive knowledge across a variety of fields, and Todd certainly brings that to the team,” said Arrive CEO Dan O’Toole. “He’s earned a stellar reputation for increasing profitability, thinking creatively and driving forward progress within organizations and we’re sure he’ll be a great addition to the team.”
Pepmeier said he was attracted to Arrive’s business model and its potential to change the global package delivery industry.
“My two decades in business have been all about change and implementing new processes for corporations, but Arrive presents a great opportunity to lead change in an emerging market,” Pepmeier said. “It’s a tenacious young company with a lot of creative potential and an energetic team. I’m looking forward to helping Dan and his crew scale the organization.”
Pepmeier earned his Masters of Business Administration from the Kelly School of Business at Indiana University. He and his family live in Fishers, Ind.
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About Arrive: Headquartered in Indianapolis, Ind., Arrive (formerly Dronedek) is a pioneering technology company revolutionizing last-mile delivery and pickup. Founded by serial entrepreneur Dan O'Toole, Arrive addresses the evolving needs of autonomous drone and robotic delivery by unlocking the secure, seamless movement of goods and supplies between people, robots, and drones. The company's smart Mailbox-as-a-Service (MaaS) platform and infrastructure solutions empower Autonomous Delivery Networks (ADNs) to operate more efficiently with secure and climate-assisted cargo space, smart alerts, and chain of custody. Capabilities are accessible in apps, APIs, and processes that help partners and customers get the most out of conventional carriers, couriers and ADNs. The company has raised more than $8.5 million from 4,700 investors and forged strategic partnerships with several industry leaders. Learn more about Arrive's innovative solutions at https://arrive.tech.
Media contact: Cheryl Reed, cherylreedright@gmail.com 317-446-5240