Stuart Bernstein Biography and Net Worth

Mr. Bernstein serves as a member of the Xos Board. Mr. Bernstein is also the Founder and Managing Member of Sustainable Capital LLC, a sustainable investment firm. Prior to that, he was a long-time partner at Goldman Sachs, where during his 25-year career he founded and managed the Clean Technology and Renewables group within the investment banking division, working with many of the firm’s corporate and investor clients focused on sustainability. He also ran the Venture Capital Coverage effort, was co-head of Equity Capital Markets (ECM), and Global Head of the Technology Capital Markets Team where he advised on capital markets strategies and transactions with hundreds of late-stage private and early-stage public growth companies. Mr. Bernstein is also Senior Advisor to G2VP, a sustainable venture and growth investment firm; Story3 Capital Partners, a consumer, commerce, and content private equity firm; and Kimpact, a national affordable housing fund with a focus on environmental and social impact. Previously, Mr. Bernstein served as an advisor to NextGen Acquisition Corp (the predecessor company to Xos) and NextGen Acquisition Corp II, two special-purpose acquisition companies.

Mr. Bernstein graduated Phi Beta Kappa from U.C. Berkeley and holds an MBA from the Harvard Business School as well as a MPA from the Harvard Kennedy School.

Mr. Bernstein is qualified to serve on the Xos Board due to his strong strategic investment and transactional experience and deep understanding of clean technology and renewable energy.