Author: Jane Edwards|| Date Published: July 19, 2024
Peter Schumacher, a board member at Firefly Aerospace, has been appointed as interim CEO of the Cedar Park, Texas-based space transportation services provider.
He replaces Bill Weber, who assumed the chief executive role in 2022, and will lead the company’s team of more than 700 employees as the board Geneconducts its search for a permanent lead, the company said Wednesday.
Chris Emerson, a board member at Firefly Aerospace and an aerospace industry veteran, will lead a transition committee that will support Schumacher as he oversees the company on an acting capacity.
As an AEI partner, he manages the firm’s investment strategy, due diligence, deal origination and portfolio growth initiatives.
Schumacher spent a decade at General Electric’s (NYSE: GE) aviation segment and served as a mechanical engineer at Orbital Sciences, where he was involved in the U.S. Navy’s GQM-163A rocket program.
The acting CEO sits on the boards of AEI’s portfolio companies, including AIM, Applied Composites, Atlas and UAV Factory.
AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores…
GreyNoise Intelligence has launched Command and Control Detection, a new intelligence module designed to identify active cyber compromises using outbound…
BigBear.ai has named Jo Ann Bjornson as chief human resources officer and Alex Thompson as chief corporate affairs officer. The new leadership appointments…
