Rocket Lab appoints former Lockheed Martin CFO Kenneth Possenriede to Board

Rocket Lab Corp

Board expanded from 8 to 9 directors; Possenriede appointed as Class III director effective August 21, 2024.
Possenriede served as Lockheed Martin CFO from Feb 2019 to Aug 2021, plus 35 years in finance leadership.
Appointed to the Audit Committee.
Receives initial RSU grant valued at $360,000 vesting over 3 years, plus annual RSU grants of $180,000.
Cash retainer per standard non-employee director policy, prorated for 2024.

item 5.02 item 9.01

Executive movements

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Appointed

Kenneth Possenriede

Class III Director

RKLB · Rocket Lab Corp

Effective: 2024-08-21
Filed: August 23, 2024, 7:59 PM ET

On August 21, 2024, the Board appointed Kenneth Possenriede as a Class III director to fill a vacancy on the Board

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Possenriede was appointed as Class III Director at Rocket Lab Corp.

Action: appointed
Role: Class III Director

Exact text from the filing

On August 21, 2024, the Board appointed Kenneth Possenriede as a Class III director to fill a vacancy on the Board

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Rocket Lab Corp filing history →

Source: SEC EDGAR

accession 0001193125-24-206216

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