BigBear.ai Appoints Interim CFO, Shares Up 2.12%

By Philip Seaworth • Saturday, June 07 10:10 • Permanent Link

BigBear.ai (NYSE: BBAI) has announced the appointment of Sean Ricker as the interim Chief Financial Officer, effective immediately, succeeding Julie Peffer. Kevin McAleenan, Chief Executive Officer, expressed his confidence in Ricker's abilities, citing his wealth of experience at BigBear.ai, including his previous role as Chief Accounting Officer and Corporate Controller.

Peffer, who has been with the organization since June 2022, played a pivotal role in improving the company's balance sheet through capital fundraising and debt restructuring, as well as providing operational leadership to strengthen the financial foundations of the business.

BigBear.ai, a leading provider of AI-powered decision intelligence solutions and services for national security, defense, travel, trade, and enterprise, is a public company traded on the NYSE under the symbol BBAI. As a result of these announcements, the company's shares have moved 2.12% on the market, and are now trading at a price of $3.85. For the full picture, make sure to review BigBear.ai's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.