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Park Aerospace Corp. Announces the Election of Constantine (“Gus”) Petropoulos as Senior Vice President and Chief Financial Officer of the Company

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Park Aerospace (NYSE:PKE) announced the election of Constantine (“Gus”) Petropoulos as Senior Vice President and Chief Financial Officer, effective August 13, 2026. He previously served as Senior Vice President and Chief Legal and Capital Markets Officer and, earlier, as Senior Vice President-Administration and General Counsel.

Petropoulos, who will continue reporting to Chairman and CEO Brian E. Shore, has prior experience as a law firm partner and senior legal roles at Park Aerospace, Scientific Games, Coca-Cola HBC and Latham & Watkins. Park develops advanced composite materials and structures for global aerospace applications.

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Positive

  • Gus Petropoulos elected CFO and Senior Vice President on August 13, 2026
  • Deep company experience including prior roles as General Counsel and Chief Legal and Capital Markets Officer

Negative

  • None.

Market Context

The prior leadership appointment was followed by a -7.48% 24-hour reaction, showing a mixed historic...
Analysis

The prior leadership appointment was followed by a -7.48% 24-hour reaction, showing a mixed historical record for management announcements. Net Selling in recent insider activity is a relevant risk; subsequent operating results remain important to monitor.

Key Figures

Company history: 72 years
1 metrics
Company history 72 years Company history referenced by Chairman and CEO

Historical Context

5 past events · Latest: Jul 21 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 21 Executive passing Negative -4.5% Company announced sudden passing of Vice President and Corporate Controller Daniel McNamara.
Jul 20 Quarterly earnings Positive +7.3% Quarterly results showed higher sales, earnings, EPS and gross margin year over year.
Jul 16 Earnings scheduling Neutral -3.6% Company scheduled first-quarter results release and conference call for July 20.
Jul 10 Leadership appointment Positive -7.5% Company elected John Jamieson to a new Senior Vice President and General Manager role.
Jun 08 Dividend declaration Positive +7.8% Company declared quarterly cash dividend, continuing its reported 41-year dividend record.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

PKE's recent record showed mixed reactions: earnings and dividend news aligned positively, while the prior leadership appointment diverged negatively.

Key Terms

automated fiber placement, ablative materials, radome, lightning strike protection materials
4 terms
automated fiber placement technical
"designed for hand lay-up or automated fiber placement (AFP) manufacturing applications"
Automated fiber placement is a robotic manufacturing process that lays down long, thin strips of reinforcing fibers and resin to build strong, lightweight composite parts layer by layer. Like a precise, automated sewing machine stitching threads into a pattern, it produces consistent, high-performance components faster and with less waste than hand layup. Investors care because it can lower production costs, improve product quality, speed up scaling, and affect capital spending and profit margins for manufacturers using advanced composites.
ablative materials technical
"specialty ablative materials for rocket motors and nozzles"
Ablative materials are engineered coatings or blocks that intentionally burn, char or erode when exposed to extreme heat to protect the underlying structure, like a sacrificial shield on a rocket nose cone or heat exchanger. Investors care because these materials affect product safety, performance, certification timelines and manufacturing costs for companies in aerospace, defense and industrial markets; reliability or breakthroughs can influence contracts, liability and margins.
radome technical
"specially designed materials for radome applications"
A radome is a protective shell that covers and shields radar or antenna equipment while allowing radio waves to pass through with minimal interference. Think of it as a windshield for sensitive sensing or communications gear: it keeps out weather, debris and mechanical damage without blocking the signal. Investors care because radome materials, design and durability affect product performance, regulatory compliance, manufacturing costs and contract competitiveness in aerospace, defense and telecom sectors.
lightning strike protection materials technical
"lightning strike protection materials (Electroglide®)"
Lightning strike protection materials are coatings, conductors and grounding components designed to safely channel or dissipate the enormous electrical energy from a lightning hit so it does not damage equipment or structures. For investors, these materials reduce the risk of costly repairs, operational downtime and higher insurance premiums for assets exposed to storms; think of them as a car’s airbags and crumple zones but for electrical surges and physical strikes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WESTBURY, N.Y., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) announced the election of Constantine (“Gus”) Petropoulos as Senior Vice President and Chief Financial Officer of the Company. Prior to this election, Gus served as Senior Vice President and Chief Legal and Capital Markets Officer of the Company since January of 2026, and prior thereto, Gus served as Senior Vice President-Administration and General Counsel of the Company from February of 2025 to January of 2026. Mr. Petropoulos will continue to report to Brian E. Shore, Park’s Chairman and CEO.

Prior to rejoining Park in February of 2025, Gus served as a Partner at Hughes, Hubbard & Reed, a prominent New York law firm, from May 2021 to July 2024. Prior to Hughes Hubbard, Gus served as Senior Vice President and General Counsel of Park Aerospace from September 2014 to May 2021. Prior to joining Park Aerospace in September 2014, Gus served as Managing Counsel at Scientific Games Corporation from October 2011 to September 2014, as Senior Corporate Counsel at Coca-Cola HBC SA in Greece from September 2007 to October 2011, and as a senior associate attorney at the New York law firm of Latham & Watkins from September 2002 to August 2007. Gus received a Bachelor of Arts degree in Economics and Government from Saint Lawrence University and a Juris Doctor degree from the University of Pennsylvania Law School.

Brian Shore said, “Congratulations, Gus, on becoming Park’s new CFO. Park is at a pivotal point in our 72 year history with many wonderful and unusual opportunities presenting themselves to us. I am confident that Gus will play a central role in turning those opportunities into realities for Park.”

Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (Aeroadhere®) and lightning strike protection materials (Electroglide®). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park’s advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”), business jets, general aviation aircraft and rotary wing aircraft. Park also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. Target markets for Park’s composite parts and structures (which include Park’s proprietary composite SigmaStrut™ and AlphaStrut™ product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park’s objective is to do what others are either unwilling or unable to do. When nobody else wants to do it because it is too difficult, too small or too annoying, sign us up.

Additional corporate information is available on the Company’s website at www.parkaerospace.com.

Contact: Donna D’Amico-Annitto486 North Oliver Road, Bldg. Z
 Newton, Kansas 67114
 (316) 283-6500
  

FAQ

Who became Chief Financial Officer of Park Aerospace (NYSE:PKE) on August 13, 2026?

Constantine (“Gus”) Petropoulos was elected Senior Vice President and Chief Financial Officer of Park Aerospace on August 13, 2026. According to Park Aerospace, he previously held senior legal and capital markets roles at the company and will continue reporting to Chairman and CEO Brian E. Shore.

What is the professional background of Park Aerospace (PKE) CFO Constantine Petropoulos?

Gus Petropoulos has extensive legal and corporate experience, including multiple senior roles at Park Aerospace. According to Park Aerospace, he was a partner at Hughes, Hubbard & Reed and previously worked at Scientific Games, Coca-Cola HBC in Greece, and Latham & Watkins.

What roles did Gus Petropoulos hold at Park Aerospace (PKE) before becoming CFO?

Before becoming CFO, Gus Petropoulos served as Senior Vice President and Chief Legal and Capital Markets Officer. According to Park Aerospace, he also previously held the role of Senior Vice President-Administration and General Counsel, providing continuity and deep organizational knowledge as he transitions into the finance leadership position.

Who does Park Aerospace (NYSE:PKE) CFO Gus Petropoulos report to?

As CFO, Gus Petropoulos reports directly to Brian E. Shore, Park Aerospace’s Chairman and CEO. According to Park Aerospace, this reporting structure continues from his prior senior roles, supporting close coordination between the company’s financial leadership and overall corporate strategy and governance.

What products and markets does Park Aerospace (PKE) focus on following the new CFO appointment?

Park Aerospace develops advanced composite materials and structures for global aerospace applications across civil and military markets. According to Park Aerospace, its products include Aeroadhere film adhesives, Electroglide lightning strike protection, SigmaStrut and AlphaStrut structures for aircraft, UAVs, spacecraft, radomes and rocket motor components.

How long has Park Aerospace (PKE) been operating at the time of Gus Petropoulos’s CFO election?

At the time of Gus Petropoulos’s election as CFO, Park Aerospace was in its 72nd year of operations. According to Park Aerospace, the company views this period as a pivotal point in its history, with significant opportunities it expects its new CFO to help pursue.