Management ChangeMay 12, 2026, 04:02 PM
Vertical Aerospace Chairman Dómhnal Slattery Resigns; Interim Appointed
AI Summary
Vertical Aerospace Ltd. announced that Dómhnal Slattery resigned as Chairman and a member of the Board of Directors, effective May 12, 2026. Mr. Slattery cited a desire to focus on other business interests after overseeing significant company milestones, including a historic piloted transition flight and securing up to $850 million in financing. The Board has appointed Ben Story, who has served on the Board since April 2024, as interim Chairman.
Key Highlights
- Dómhnal Slattery resigned as Chairman and Board member of Vertical Aerospace Ltd. effective May 12, 2026.
- Mr. Slattery served as Chairman from January 2025 to May 2026, and previously from January 2022 to August 2023.
- His resignation follows the achievement of key milestones, including a two-way piloted transition flight and closing an $850 million financing package.
- Ben Story was appointed interim Chairman of the Board, effective May 12, 2026.
- Mr. Story has been on the Board since April 2024 and was formerly part of Rolls-Royce Holdings plc's Executive Leadership Team.
- He also served as Head of UK Investment Banking at Citigroup and on the Board of Transport for London.