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Posted 21 January, 2022

AgEagle Aerial Systems Inc. appointed Mr. Barrett Mooney as new CEO

NYSE:UAVS appointed new Chief Executive Officer Mr. Barrett Mooney in a 8-K filed on 21 January, 2022.


  Mr. Barrett Mooney, the Company's current Chairman of the Board of Directors (the "Board"), has been appointed to serve as the new Chief Executive Officer of the Company.  

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Overview of AgEagle Aerial Systems Inc.
Industrial Goods • Aerospace Products/Parts
AgEagle Aerial Systems, Inc. engages in the design and manufacture of drones for commercial use. The firm also enables the capturing, imaging, editing, and analyzing of images and data captured by drones and intends on using commercial drones to be used for delivery services of goods. It offers contract manufacturing, drone solutions, and agriculture solutions. The company was founded on March 31, 1999 and is headquartered in Wichita, KS.
Market Cap
$10.1M
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AgEagle Aerial Systems Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On January 17, 2022, AgEagle Aerial Systems Inc. (the "Company") and Brandon Torres Declet mutually agreed to Mr. Torres Declet's resignation as Chief Executive Officer and as a director of the Company, effective immediately. Mr. Torres Declet resigned to pursue new career opportunities.


Mr. Barrett Mooney, the Company's current Chairman of the Board of Directors (the "Board"), has been appointed to serve as the new Chief Executive Officer of the Company. Mr. Mooney will continue in his role as Chairman of the Board.


Mr. Mooney was appointed to the Board as its Chairman in May 2020. Most recently, Mr. Mooney was the Director of Digital Technology at Wilbur Ellis where he developed and implemented the technology strategy for the agribusiness and assisted with the diligence of technology acquisitions and investments for the global corporation. Mr. Mooney previously served as Chief Executive Officer of the Company from July 2018 through May 2020. Mr. Mooney brings an extensive track record of growing agriculture and sustainability businesses. From May 2017 to July 2018, he served as Group Product Lead for The Climate Corporation, a subsidiary of Monsanto (recently acquired by Bayer), where he led the satellite imagery team, managed a team focused on using artificial intelligence to enhance crop yield production, and introduced a new organizational structure to improve sales efficiency. Prior to The Climate Corporation, from July 1, 2012 to May 1, 2017, Mr. Mooney co-founded and was CEO and president of HydroBio, a software company that used satellite-driven image analytics to conserve water and maximize crop yields. In May 2017, he sold HydroBio to The Climate Corporation. Mr. Mooney holds a Doctor of Philosophy in Agricultural and Biological Engineering from the University of Florida. He is also a member of the American Society of Agricultural and Biological Engineers.


There is no arrangement or understanding between Mr. Mooney and any other person pursuant to which Mr. Mooney was appointed as Chief Executive Officer of the Company, and Mr. Mooney has not had an interest in any transaction since the beginning of the Company's last fiscal year, or any currently proposed transaction, that requires disclosure pursuant to Item 404(a) of Regulation S-K. There are no family relationships among any of our directors or executive officers and Mr. Mooney


The Compensation Committee of the board of directors will make recommendations with respect to Mr. Mooney's new employment agreement and compensation. The Company will file a subsequent Current Report on Form 8-K to disclose such new arrangements.