---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-065628"
form_type: "8-K"
ticker: null
cik: "0001835512"
company_name: "Terran Orbital Corp"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:45:30.694512+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Terran Orbital appoints new CFO, COO, and CAO; COO Gingiss to depart July 15

## Summary
- Peter Krauss appointed COO effective June 1, 2024; compensation includes $450K salary, 400K RSUs, $50K signing bonus.
- Adarsh Parekh appointed CFO effective June 17, 2024; compensation $425K salary, 75% bonus target, 300K RSUs.
- Mathieu Riffel promoted to CAO from acting CFO; will remain principal accounting officer.
- Outgoing COO Tony Gingiss to provide advisory services until departure on July 15, 2024.
- Company emphasizes focus on operational efficiency, cost reduction, and path to free cash flow positive.

## SEC filing metadata
- accession: 0000950170-24-065628
- form_type: 8-K
- cik: 0001835512
- company_name: Terran Orbital Corp
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835512/000095017024065628/0000950170-24-065628-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835512/000095017024065628/llap-20240519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-065628
- JSON: https://secwatch.observer/filing/0000950170-24-065628.json
- Plain text: https://secwatch.observer/filing/0000950170-24-065628.txt

## Key facts
- Executive change
  Adarsh Parekh was appointed as Chief Financial Officer at Terran Orbital Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: appointed Adarsh Parekh as the Company’s Chief Financial Officer and Executive Vice President, effective as of June 17, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835512/000095017024065628/0000950170-24-065628-index.htm
- Executive change
  Peter Krauss was appointed as Chief Operating Officer at Terran Orbital Corp.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: appointed Peter Krauss as the Company’s Chief Operating Officer and Executive Vice President, effective as of June 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835512/000095017024065628/0000950170-24-065628-index.htm
- Executive change
  Mathieu Riffel was appointed as Chief Accounting Officer at Terran Orbital Corp.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: Mr. Riffel was appointed Chief Accounting Officer, effective as of the CFO Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835512/000095017024065628/0000950170-24-065628-index.htm
- Executive change
  Tony Gingiss departed as Chief Operating Officer at Terran Orbital Corp.
  - Action: depart
  - Role: Chief Operating Officer
  source text: The Company’s current Chief Operating Officer, Tony Gingiss, has agreed to provide strategic advisory services to the Company until his departure from the Company on July 15, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835512/000095017024065628/0000950170-24-065628-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.