Vertical Aerospace Ltd NYSE: EVTL
Vertical Aerospace Ltd. (NYSE: EVTL) announced the appointment of former Leonardo Helicopters US Chief Executive Officer and retired U.S. Marine Corps Colonel Clyde M. Woltman to its Board of Directors, effective October 5, 2026. Nominated by key stakeholder Mudrick Capital Management L.P. under its contractual designation rights, Woltman brings extensive aerospace governance, defense procurement, and program industrialization experience from previous leadership roles at Leonardo, Aerojet Rocketdyne, and Pratt & Whitney. Concurrently, board members Carsten Stendevad and James Keith Brown stepped down from their directorships, marking a strategic board reshuffle aimed at bolstering execution as the Valo eVTOL platform progresses toward certification and defense market deployment.