AgEagle CEO Brandon Torres Declet resigns; Chairman Barrett Mooney reappointed as CEO

AgEagle Aerial Systems Inc.

CEO Brandon Torres Declet resigned effective Jan 17, 2022, to pursue new career opportunities.
Chairman Barrett Mooney appointed CEO immediately; he previously served as CEO from July 2018 to June 2020.
Company to refocus on robotics, automation, and manufacturing to drive growth and profitability.
Mooney cited need to regain Wall Street confidence after market valuation decline, noting three strategic acquisitions.

item 5.02 item 7.01 item 9.01

Executive movements

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

Appointed

Barrett Mooney

Chief Executive Officer

UAVS · AgEagle Aerial Systems Inc.

Effective: 2022-01-17
Filed: January 21, 2022, 6:59 PM ET

Mr. Barrett Mooney, the Company’s current Chairman of the Board of Directors (the “Board”), has been appointed to serve as the new Chief Executive Officer of the Company.

Departed

Brandon Torres Declet

Chief Executive Officer

UAVS · AgEagle Aerial Systems Inc.

Effective: 2022-01-17
Successor: Barrett Mooney
Filed: January 21, 2022, 6:59 PM ET

On January 17, 2022, AgEagle Aerial Systems Inc. (the “Company”) and Brandon Torres Declet mutually agreed to Mr. Torres Declet’s resignation as Chief Executive Officer and as a director of the Company, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Barrett Mooney was appointed as Chief Executive Officer at AgEagle Aerial Systems Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Mr. Barrett Mooney, the Company’s current Chairman of the Board of Directors (the “Board”), has been appointed to serve as the new Chief Executive Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brandon Torres Declet resigned as Chief Executive Officer at AgEagle Aerial Systems Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On January 17, 2022, AgEagle Aerial Systems Inc. (the “Company”) and Brandon Torres Declet mutually agreed to Mr. Torres Declet’s resignation as Chief Executive Officer and as a director of the Company, effective immediately.

View on SEC.gov

AgEagle Aerial Systems Inc. filing history →

Source: SEC EDGAR

accession 0001575705-22-000064

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