Mercury Systems ( (MRCY) ) has issued an update.
On March 28, 2025, Charles R. Wells, IV, the Executive Vice President and Chief Operating Officer of Mercury Systems, announced his departure to assume a CEO role at a privately held company. Following his departure, William L. Ballhaus, the Chairman and CEO, will oversee business operations, while David E. Farnsworth, the Executive Vice President and CFO, will take on additional responsibilities, including leading a management operating system and overseeing technology investments. In recognition of his expanded role, Mr. Farnsworth will receive a restricted stock unit award valued at $1,000,000, with specific vesting terms tied to his continued service with the company.
More about Mercury Systems
YTD Price Performance: 1.82%
Average Trading Volume: 503,944
Technical Sentiment Signal: Sell
Current Market Cap: $2.56B
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