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Vertical Aerospace Appointed Stuart Simpson As New CEO, Effective Immediately

Benzinga ·  May 1 05:06

Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL, EVTLW))))), a global aerospace and technology company that is pioneering zero emission aviation, has made several leadership appointments as the company moves towards a pivotal phase of certifying its VX4 aircraft and commercialisation.

Stuart Simpson, Vertical's CFO and seasoned FTSE100 executive with a career which spans 30 years and includes leadership roles across the technology, automotive and logistics sectors, has been appointed to CEO, effective immediately. He will be responsible for leading the execution of the company's strategy as it progresses towards certification of the VX4 aircraft, bringing it to market, and launching further fundraising activity.

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