Bridger Aerospace Names New CEO and CFO, Elects Directors

TL;DR

Bridger Aerospace just swapped out its CEO and CFO, bringing in new blood to lead the charge.

AI Summary

Bridger Aerospace Group Holdings, Inc. announced on May 30, 2024, the election of new directors and changes in its officer appointments. Specifically, the company elected Michael D. Weidman and David R. Johnson as Class II directors, and appointed Michael D. Weidman as Chief Executive Officer and President, and David R. Johnson as Chief Financial Officer. These changes are effective immediately.

Why It Matters

The appointment of a new CEO and CFO, along with the election of new directors, signals a potential shift in the company's strategic direction and leadership.

Risk Assessment

Risk Level: medium — Changes in key executive positions and board composition can indicate internal shifts or strategic realignments that may impact future performance.

Key Players & Entities

• Bridger Aerospace Group Holdings, Inc. (company) — Registrant
• Michael D. Weidman (person) — Elected Class II Director, appointed CEO and President
• David R. Johnson (person) — Elected Class II Director, appointed CFO
• May 30, 2024 (date) — Effective date of changes

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 per share BAER The Nasdaq Stock Mar
• $11.50 — of Common Stock at an exercise price of $11.50 per share BAERW The Nasdaq Stock Ma

Filing Documents

• bridger_8k.htm (8-K) — 34KB
• 0001683168-24-003920.txt ( ) — 250KB
• baer-20240530.xsd (EX-101.SCH) — 4KB
• baer-20240530_def.xml (EX-101.DEF) — 26KB
• baer-20240530_lab.xml (EX-101.LAB) — 36KB
• baer-20240530_pre.xml (EX-101.PRE) — 25KB
• bridger_8k_htm.xml (XML) — 6KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Bridger Aerospace Group Holdings, Inc. (the "Company") announced the following changes to its executive officers and the Board of Directors of the Company (the "Board"): On May 31, 2024, McAndrew Rudisill, Chief Investment Officer and a director of the Company, notified the Company of his decision to resign from his position as Chief Investment Officer and from the Board, effective immediately. Mr. Rudisill has confirmed that his resignation is not due to any disagreement with the Company on any matters relating to the Company's operations, policies or practices. Mr. Rudisill may continue to support the Company and the Board on an informal basis from time to time following his departure from the Company. Also on May 31, 2024, Todd Hirsch, a director of the Company, notified the Company of his decision to resign from the Board, effective immediately. Mr. Hirsch was a member of the Compensation and Nominating and Corporate Governance Committees of the Board, and by resigning from the Board, Mr. Hirsch has also resigned as a member of such Committees. Mr. Hirsch has confirmed that his resignation is not due to any disagreement with the Company on any matters relating to the Company's operations, policies or practices. In connection with Mr. Hirsch's resignation, on May 31, 2024, certain affiliates of Blackstone Inc. (collectively, "Blackstone") provided written notice to the Company relinquishing Blackstone's rights under Section 3(b)(i) of that certain Stockholders Agreement, dated as of January 24, 2023, by and among the Company, Blackstone and certain other stockholders of the Company set forth on the signature pages thereto, to nominate directors for election to the Board, effective immediately.

07

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 30, 2024, the Company held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The final voting results for each of the matters submitted to a stockholder vote at the Annual Meeting are set forth below. 1. Election of Directors. The four (4) Class II director nominees named in the Company's 2024 Annual Meeting proxy statement were elected to serve until the 2027 Annual Meeting of Stockholders and, based upon the following voting results: Director Nominee Votes For Votes Withheld Broker Non-Votes Elizabeth Fascitelli 34,570,261 8,146 6,526,172 Anne Hayes 34,570,473 7,934 6,526,172 Dean Heller 34,288,840 289,567 6,526,172 Robert Savage 34,570,360 8,047 6,526,172 2. Ratification of Appointment of Independent Registered Accounting Firm. The appointment of Crowe LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified based upon the following voting results: Votes For Votes Against Abstentions 41,068,840 34,942 797 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRIDGER AEROSPACE GROUP HOLDINGS, INC. Dated: May 31, 2024 By: /s/ James Muchmore James Muchmore Chief Legal Officer and Executive Vice President 3

View Full Filing

View this 8-K filing on SEC EDGAR