secwatch / observer
8-K filed June 23, 2023, 7:59 PM ET ticker MRCY CIK 0001049521
leadership confidence high sentiment neutral materiality 0.75

Mercury Systems ends sale process, appoints Bill Ballhaus interim CEO after Mark Aslett resigns

MERCURY SYSTEMS INC

item 5.02item 7.01item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

William L. Ballhaus

interim President and Chief Executive Officer
MRCY · MERCURY SYSTEMS INC
Effective
2023-06-24
Filed
June 23, 2023, 7:59 PM ET
The Board of Directors (the “Board”) of Mercury Systems, Inc. (the “Company”) has appointed William L. Ballhaus as the Company’s interim President and Chief Executive Officer effective as of June 24, 2023.
Departed

Mark Aslett

President and Chief Executive Officer
MRCY · MERCURY SYSTEMS INC
Effective
2023-06-24
Successor
William L. Ballhaus
Filed
June 23, 2023, 7:59 PM ET
On June 19, 2023, Mark Aslett, the Company’s President and Chief Executive Officer, delivered a letter to the Board resigning from his positions of President and Chief Executive Officer and the Board has accepted Mr. Aslett’s resignation effective as of June 24, 2023.
Appointed

Gerard J. DeMuro

independent director
MRCY · MERCURY SYSTEMS INC
Effective
2023-06-24
Filed
June 23, 2023, 7:59 PM ET
The Board of Directors has appointed Gerard J. DeMuro, Co-CEO of Eve Air Mobility, as an independent director in Class II of the Board, effective June 24, 2023, for a term expiring at the 2023 annual meeting of shareholders.
Departed

Mark Aslett

member of the Board
MRCY · MERCURY SYSTEMS INC
Effective
2023-06-24
Filed
June 23, 2023, 7:59 PM ET
Mr. Aslett has been removed without cause from his position as a member of the Board effective as of June 24, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

William L. Ballhaus was appointed as interim President and Chief Executive Officer at MERCURY SYSTEMS INC.

Action
appointed
Role
interim President and Chief Executive Officer
Exact text from the filing
The Board of Directors (the “Board”) of Mercury Systems, Inc. (the “Company”) has appointed William L. Ballhaus as the Company’s interim President and Chief Executive Officer effective as of June 24, 2023.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Mark Aslett resigned as President and Chief Executive Officer at MERCURY SYSTEMS INC.

Action
resigned
Role
President and Chief Executive Officer
Exact text from the filing
On June 19, 2023, Mark Aslett, the Company’s President and Chief Executive Officer, delivered a letter to the Board resigning from his positions of President and Chief Executive Officer and the Board has accepted Mr. Aslett’s resignation effective as of June 24, 2023.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Gerard J. DeMuro was appointed as independent director at MERCURY SYSTEMS INC.

Action
appointed
Role
independent director
Exact text from the filing
The Board of Directors has appointed Gerard J. DeMuro, Co-CEO of Eve Air Mobility, as an independent director in Class II of the Board, effective June 24, 2023, for a term expiring at the 2023 annual meeting of shareholders.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Mark Aslett departed as member of the Board at MERCURY SYSTEMS INC.

Action
removed without cause
Role
member of the Board
Exact text from the filing
Mr. Aslett has been removed without cause from his position as a member of the Board effective as of June 24, 2023.
View on SEC.gov

MERCURY SYSTEMS INC filing history →

Source: SEC EDGAR
accession 0001049521-23-000015
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