Churchill Capital XII names Paul Lapping director, taps him as audit committee chair - CXII News | RalliesChurchill Capital XII names Paul Lapping director, taps him as audit committee chair
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CXII• Background on Paul Lapping
- Lapping runs Jakal Investments, a private investment firm he founded in 2005 focused on technology, healthcare, fintech, and artificial intelligence.
- He has served on Churchill Capital boards, including CCIX and CCXI; he previously held CFO roles at multiple SPACs.
Board appointment and committee roles
- Churchill Capital Corp. XII appointed Paul Lapping to its board on July 13, effective immediately.
- Lapping joined the audit committee as chair, replacing interim chair William Sherman; Sherman remains on the audit committee.
- Lapping also joined the compensation committee; he will serve in the board’s first class through the first annual general meeting.