BigBear.ai (NYSE: BBAI) has announced the appointment of Sean Ricker as the interim Chief Financial Officer, succeeding Julie Peffer. Ricker, who previously served as the Chief Accounting Officer and Corporate Controller, brings a wealth of experience to the role.
Julie Peffer, who had been serving as the Chief Financial Officer since June 2022, will be leaving the organization to pursue other opportunities. During her tenure, she 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, has seen significant changes in its financial leadership. The company's transition comes at a critical time as it continues to provide AI and predictive analytics capabilities in highly complex, distributed, mission-based operating environments.
As the company undergoes this transition, stakeholders will be closely monitoring its financial performance and strategic direction under the interim leadership of Sean Ricker. Following these announcements, the company's shares moved 2.12%, and are now trading at a price of $3.85. Check out the company's full 8-K submission here.