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.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXPL:
- NextPlat Corp Reports Decreased Revenue and Net Loss
- NextPlat Corp. Earnings Call: Mixed Results Amid Challenges
- NextPlat receives listing non-compliance notification from Nasdaq
- NextPlat unit receives contract extension from African military customer
- NextPlat unit awarded new UK government contract for Iridium PTT devices
