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  • Friday, November 22, 2024

Kimberly Reed, Mitch Kugler, Linda Reiners to Join Board of Future Momentus Public Company

Momentus has appointed former executives at the Export-Import Bank of the U.S., Raytheon Technologies (NYSE: RTX) and Lockheed Martin (NYSE: LMT) to serve on the board of directors for the publicly traded space infrastructure services company that will result from Momentus’ planned merger with Stable Road Acquisition Corp. (Nasdaq: SRAC).

Kimberly Reed, Mitch Kugler and Linda Reiners will become part of the future combined entity’s seven-member board, Momentus said Friday.

Reed previously served as chairman, president and CEO of the Export-Import Bank, while Kugler led corporate strategy at Raytheon for 11 years and Reiners formerly worked as vice president of corporate strategic ventures at Lockheed.

Momentus CEO-elect John Rood, former astronaut Chris Hadfield and Stable Road CEO and Chairman Brian Kabot will also serve on the future board.

Stockholders in Stable Road plan to vote on the deal Aug. 11 if the Securities and Exchange declares the registration statement related to the business combination as effective.

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