- Vertical Aerospace Ltd (NYSE:EVTL) has appointed John Martin as Chief Financial Officer (CFO), effective Feb. 20, 2023.
- The announcement follows the resignation of Vinny Casey as Vertical’s CFO, effective the same date. Vinny Casey will remain on Vertical’s Board as a non-executive director.
- Martin has a thirty-year career in senior operational and financial management roles of large, international businesses.
- He is a Chartered Accountant and earlier in his career was Group Controller of The Stationary Office Group upon its privatization in 1996.
- In addition, Michael Cervenka has stepped down from the Board, effective from Jan. 26, 2023, and has a new role in the business as Chief Technology Officer, focused on building Vertical’s future engineering and technology pipelines, as well as continuing to lead strategic supply chain partner activities.
- Price Action: EVTL shares are trading higher by 14.6% at $2.43 on the last check Friday.
- Photo Via Company
Executives Buy More Than $4M Of 3 Penny Stocks
US crude oil futures traded higher on Friday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
