Red Cat Announces Key Leadership Transitions

About this update from Red Cat Holdings, Inc.

[{"type":"text","content":"Red Cat’s Current CFO Christian Ericson Promoted to COO; Christian Morrison Joins as CFO\nSAN JUAN, Puerto Rico, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced two strategic leadership transitions designed to strengthen operational execution and financial performance as the Company accelerates growth. Christian Ericson, Red Cat’s current Chief Financial Officer (CFO), has been promoted to the new role of Chief Operating Officer (COO). Ericson joined Red Cat in March 2025 as Chief Financial Officer and has played a pivotal role in advancing Red Cat’s financial foundation and operational capabilities. In his new role, Ericson will oversee day-to-day operations, optimize supply chain and production processes, and drive strategic initiatives to enhance efficiency and profitability. “Chris is an outstanding financial leader whose experience, strategic insight and track record of value creation will be instrumental in this new role of COO,” said Jeff Thompson, Chief Executive Officer of Red Cat Holdings. “His deep industry expertise will ensure we continue to execute with precision as demand for our drone systems grows.” Ericson added: “I’m excited to take on this new role and work closely with our growing, talented team to deliver on Red Cat’s mission of providing cutting-edge technology to define the role of aerial intelligence. My focus will remain on operational excellence and customer success.” Red Cat also announced the appointment of Christian Morrison as Chief Financial Officer (CFO). Morrison brings over 20 years of extensive experience in corporate finance through high-stakes financial milestones, including IPOs, M&A transactions, divestitures, strategic planning, and capital markets. “I am thrilled to join Red Cat at this incredible moment of opportunity in an industry experiencing transformational shifts,” said Christian Morrison. “Red Cat is well-positioned to capitalize on significant opportunities in the drone industry, and I look forward to helping drive financial discipline and strategic growth initiatives that create value for our shareholders.” Jeff Thompson, Chief Executive Officer, added: “Christian’s financial acumen and proven track rec...

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