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Stock impact report

AgEagle Aerial Systems Announces Executive Leadership Changes

AgEagle Aerial Systems, Inc. (UAVS) 
Company Research Source: GlobeNewswire
NEODESHA, Kan., March 12, 2020 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE American: UAVS), an industry leading provider of advanced aerial imagery and data collection and analytics solutions, today announced that the Company’s current Chief Executive Officer Barrett Mooney will be replacing Company founder Bret Chilcott as Executive Chairman of the Board effective as of May 5, 2020. Chilcott, who also currently serves as President, will resign as Chairman and President, but remain as an employee of AgEagle and trusted advisor to AgEagle’s leadership team for a period of 12 months thereafter to help ensure a seamless leadership transition. After which, it is Chilcott’s intention to formally retire from AgEagle.  Mooney will continue to serve as Chief Executive Officer until the date he assumes the Chairmanship at which time he will resign as CEO. Mooney will remain as Chairman for a period of 12 months. To assist AgEagle in its search for a new CEO to replace Mooney, the Show less Read more
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