AeroVironment Inc.
AeroVironment, Inc. Announces CFO Retirement
Summary
AeroVironment, Inc. announced on February 18, 2026, that Kevin McDonnell, the Executive Vice President and Chief Financial Officer, has decided to retire from his position effective July 31, 2026. McDonnell will remain in his role until a new CFO is appointed or until the retirement date, whichever comes first. He will continue to receive his base salary and benefits and will be entitled to his full annual Short Term Incentive Plan bonus for fiscal year 2026. The company will also provide him with the after-tax cost of five months of COBRA premiums upon retirement. McDonnell will execute a general release of claims and reaffirm his confidentiality and other obligations. His equity awards will remain outstanding and vest under existing terms.
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About AeroVironment Inc.
AeroVironment Inc. is a leading technology company specializing in unmanned aerial systems (UAS) and related products. Primarily serving defense, public safety, and commercial markets, AeroVironment's products are known for their innovation in surveillance, reconnaissance, and tactical operations. It develops and manufactures small, unmanned aircraft systems, tactical missile systems, and electric vehicle charging solutions, contributing significantly to both military and renewable energy sectors. AeroVironment has established itself as a vital player by providing key reconnaissance and surveillance capabilities to defense forces globally, enhancing situational awareness and operational effectiveness. The company's focus on energy-efficient and environmentally friendly technologies underscores its commitment to sustainability. Founded in 1971 and headquartered in Arlington, Virginia, AeroVironment's extensive expertise and pioneering technologies continue to advance the capabilities of UAS, playing a crucial role in modern intelligence and security operations. The company's influence extends across several industries, contributing to innovations in renewable energy infrastructure and achieving strategic breakthroughs in aerial system design and application.
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