Redwire Corp (NYSE:RDW) shares are transferring decrease in prolonged buying and selling on Tuesday after the corporate introduced a administration shakeup and deliberate board refresh.
RDW is feeling the stress from bearish momentum. Get the newest updates right here.
What To Know: Redwire introduced that CFO Jonathan Baliff will retire from the corporate, efficient Nov. 30, 2025. The corporate’s board plans to nominate Senior Vice President and Chief Accounting Officer Chris Edmunds to succeed Baliff, who will function a guide by means of December 2026.
“Chris is the perfect individual to step into the CFO position for Redwire’s subsequent section of progress, bringing deep information of our enterprise and group, together with important finance and accounting experience,” stated Peter Cannito, chairman and CEO of Redwire.
Redwire additionally introduced that it appointed Gen. James McConville and Dorothy Hayes as new impartial administrators. McConville and Hayes will exchange Baliff and John Bolton, who stepped down from the board. McConville was beforehand the 40th chief of employees of the U.S. Military, and Hayes was previously an govt at Intuit, Agilent Applied sciences, Hewlett-Packard and Apollo Pc.
RDW Worth Motion: Redwire shares have been down 6.11% in after-hours, buying and selling at $10.30 on the time of publication on Tuesday, in accordance with Benzinga Professional.
Learn Subsequent:
Photograph: T. Schneider by way of Shutterstock
Market Information and Information dropped at you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
