Workhorse Taps Jody Davis as CFO to Drive Capital Strategy and Cost Reductions
Event summary
- Workhorse Group Inc. appointed Jody Davis as Chief Financial Officer on July 13, 2026, replacing retiring CFO Bob Ginnan.
- Davis brings 15 years of finance leadership experience in manufacturing, energy storage, aerospace, and technology sectors.
- Prior roles include Vice President of Strategic Finance at Unimacts and CFO of Evio, where he led financial restructuring and capital deployment.
- Workhorse aims to leverage Davis' expertise in securing growth capital, investor relations, and cost reductions for its W56 and next-gen Class 5–6 platforms.
The big picture
Workhorse is positioning itself for a critical phase of growth, leveraging Davis' expertise in scaling capital-intensive companies. The appointment underscores the strategic importance of financial architecture in supporting commercialization and production. As the electric vehicle sector matures, Workhorse's ability to manage cost structures and secure investor confidence will be key to maintaining its competitive edge.
What we're watching
- Capital Strategy
- How Davis' experience in raising later-stage growth capital will impact Workhorse's ability to secure funding for expansion.
- Cost Management
- Whether Davis can accelerate cost reductions on the W56 and next-generation Class 5–6 platforms to improve profitability.
- Investor Relations
- The pace at which Davis develops relationships with analysts and institutional investors to support Workhorse's growth plans.