AeroVironment Inc. Announces CFO Appointment and Compensation Details

AeroVironment Inc. has appointed Sean Woodward as its new Executive Vice President and Chief Financial Officer, effective May 1, 2026. Woodward, who has been with the company since 2010, previously served as the CFO of the company's Autonomous Systems segment. He will succeed Kevin McDonnell, who is retiring but will remain with the company in an advisory role until July 2026 to ensure a smooth transition. Woodward's compensation package includes an annual base salary of $515,000, eligibility for a fiscal year 2027 annual bonus plan, and equity awards totaling $1,132,950, comprising performance-based restricted stock units and time-vesting restricted stock awards. He will also be eligible for the company's standard executive benefits and severance plan. The company has also filed an 8-K form detailing this appointment and furnished a press release announcing the same.