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NextPlat names David Phipps as interim CEO

NextPlat (NXPL) issued the following statement with great sadness regarding the sudden passing of Charles Fernandez, its Executive Chairman and CEO on Saturday, May 24, 2025. Fernandez served as the company’s Executive Chairman and CEO since July 2021. NextPlat’s Board of Directors has named Rodney Barreto, currently the Chair of the company’s Audit Committee as Interim Chairman of the Board and David Phipps, currently the company’s President and CEO of Global Operations and Director, as Interim CEO as the Board seeks to identify leadership candidates for the roles. Doug Ellenoff, Vice Chairman of NextPlat, said, “We are shocked and saddened by Charlie’s unexpected passing and wish to extend our sincere condolences to his family. Charlie’s quiet demeanor and commitment to his family, friends, and to NextPlat, will be missed.”

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