Hyperloop One Names New CFO, Aims At New Funding Round

Los Angeles-based HyperLoop One, the advanced transportation technology developer led by Rob Lloyd, has named Brent Callinicos as its new Chief Operating Officer and Chief Financial Officer, the company said Thursday. Callinicos has been serving as a strategic advisor to the company since October. In an interview with the WSJ, Callinicos said he is coming on board as the company gears up for another funding round. The appointment comes as HyperLoop One has been recovering from a high profile legal spat with its former CTO last year.