BigBear.ai (NYSE: BBAI) has announced Sean Ricker as the interim Chief Financial Officer, effective immediately, succeeding Julie Peffer in the role. Ricker, who previously held the position of Chief Accounting Officer and Corporate Controller, brings a wealth of experience to the role. Kevin McAleenan, CEO of BigBear.ai, expressed confidence in Ricker's ability to lead the finance organization during the interim period.
Julie Peffer, who served as Chief Financial Officer since June 2022, will be departing the organization to pursue other opportunities. During her tenure, Peffer played a pivotal role in improving the company's balance sheet through capital fundraising and debt restructuring, while also providing operational leadership to strengthen the financial foundations of the business.
BigBear.ai is a leading provider of AI-powered decision intelligence solutions and services for national security, defense, travel, trade, and enterprise. Headquartered in McLean, Virginia, the company is publicly traded on the NYSE under the symbol BBAI.
It's clear that the company has seen a change in its financial leadership, and it will be interesting to see how these changes impact the company's financial performance in the coming quarters. 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. If you want to know more, read the company's complete 8-K report here.