Redwire Corp 8-K

What Happened

• Redwire Corporation announced the appointment of Frank Calvelli to its Board of Directors effective March 12, 2026. He will serve as a Class III director with a term expiring at the Company’s 2027 Annual Meeting of Stockholders and will be paid under the company’s non-employee director compensation policy.
• The Board determined Mr. Calvelli is independent under NYSE standards. The company and Mr. Calvelli will enter into the company’s standard Indemnification Agreement (form previously filed). A press release announcing the appointment was issued March 17, 2026 (Exhibit 99.1 to the 8‑K).
• Also effective March 12, 2026, the Board approved Dorothy D. Hayes as Chair of the Audit Committee and General (RET) James McConville as an Audit Committee member.

Key Details

• Effective date of appointment: March 12, 2026; press release dated March 17, 2026.
• Mr. Calvelli’s term: Class III director, term expires at Redwire’s 2027 Annual Meeting.
• Relevant background: served as Assistant Secretary of the Air Force for Space Acquisition & Integration (May 2022–Jan 2025) overseeing an annual budget in excess of $18 billion; previously Principal Deputy Director of the National Reconnaissance Office (2012–2020).
• Governance: Board found Mr. Calvelli independent; no related-party transactions or selection arrangements reported.

Why It Matters

• Investors should note Redwire added a director with extensive space and defense acquisition experience and senior government agency leadership, which may strengthen the board’s oversight of the company’s space-focused strategy and government contracting relationships.
• The appointment of Dorothy D. Hayes as Audit Committee Chair and the addition of Gen (RET) James McConville to the committee are material governance changes that affect financial oversight and audit committee leadership.