tiprankstipranks

Red Cat Holdings Appoints Interim CFO Jeffrey Thompson

Story Highlights
Red Cat Holdings Appoints Interim CFO Jeffrey Thompson

The latest update is out from Red Cat Holdings ( (RCAT) ).

Red Cat Holdings, Inc. announced the appointment of Jeffrey Thompson, its CEO and Chairman, as Interim Chief Financial Officer starting March 17, 2025, until the filing of the company’s annual report. Thompson, who has been with the company since 2019, will not receive additional compensation for this role. On March 11, 2025, Christian Koji Ericson was appointed as the new Chief Financial Officer, effective after the annual report filing. Ericson brings extensive finance and accounting experience, having previously worked at Western Steel Buildings and PricewaterhouseCoopers. His compensation package includes a $230,000 annual salary, potential bonuses, and a one-time equity award.

More about Red Cat Holdings

YTD Price Performance: -52.56%

Average Trading Volume: 9,031,565

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $484.6M

Learn more about RCAT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App