Bill Weber is out as chief government at Firefly Aerospace, following an almost two-year stint within the position, the maker of launch automobiles, lunar landers and orbital automobiles introduced late Wednesday.
While the board initiates a seek for a brand new CEO, board member Peter Schumacher will serve as interim CEO, the corporate mentioned in an announcement printed on its web site. A Transition Committee will help within the search.
Weber joined the corporate after it was acquired by non-public fairness large AE Industrial Partners in February 2022. A longtime aerospace government, Weber beforehand served as CEO of KeyW Corporation, an intelligence and analytics supplier to U.S. protection and intelligence prospects, and president of authorities providers firm XLA.
The information of his departure comes simply two days after Payload printed a narrative that the corporate was investigating allegations of an inappropriate relationship between Weber and a feminine worker. At the time, a Firefly spokesperson reportedly instructed Payload that “our preliminary findings don’t help any info behind this hypothesis.”
A spokesperson declined to specify whether or not Weber’s departure was associated to this reported investigation, citing firm coverage. Weber didn’t instantly reply to TechCrunch’s request for remark.
Firefly is one of a handful of firms seeking to seize a larger share of the launch market from rivals like SpaceX and Rocket Lab with its small Alpha rocket. The firm can be creating a lunar lander referred to as Blue Ghost, which is because of launch for the primary time later this 12 months, and a collection of orbital switch automobiles designed to extend in-space mobility for satellites.
In May, Bloomberg reported that AEI and different backers have been contemplating promoting the Texas-based agency in a deal that may worth the corporate at $1.5 billion.
