Resolute Holdings Enhances Board of Directors with the Appointment of Two Additional Independent Directors
Resolute Holdings (Nasdaq: RHLD) has strengthened its Board of Directors with the appointment of two new independent directors: Wayne M. Hewett and Timothy O. Mahoney. Hewett brings extensive board experience from major companies including Home Depot, Wells Fargo, and UPS, along with over 20 years at GE and leadership roles at various companies. Mahoney contributes significant aerospace and defense expertise from his executive positions at Honeywell, where he served as CEO of Honeywell Aerospace and Senior VP of Digital Transformation, and his 18-year tenure at Sikorsky Aircraft.
The appointments align with Resolute Holdings' strategy to enhance its governance structure and drive long-term shareholder value. Both directors bring substantial financial, operating, and leadership capabilities to the board.
Resolute Holdings (Nasdaq: RHLD) ha rafforzato il proprio Consiglio di Amministrazione con la nomina di due nuovi amministratori indipendenti: Wayne M. Hewett e Timothy O. Mahoney. Hewett porta con sé una vasta esperienza in consigli di amministrazione di grandi aziende come Home Depot, Wells Fargo e UPS, oltre a oltre 20 anni trascorsi in GE e ruoli di leadership in diverse società. Mahoney apporta una significativa competenza nei settori aerospaziale e della difesa grazie alle sue posizioni dirigenziali in Honeywell, dove è stato CEO di Honeywell Aerospace e Vicepresidente Senior della Trasformazione Digitale, oltre a un’esperienza di 18 anni presso Sikorsky Aircraft.
Queste nomine sono in linea con la strategia di Resolute Holdings di rafforzare la struttura di governance e promuovere il valore a lungo termine per gli azionisti. Entrambi i direttori offrono al consiglio importanti competenze finanziarie, operative e di leadership.
Resolute Holdings (Nasdaq: RHLD) ha reforzado su Junta Directiva con el nombramiento de dos nuevos directores independientes: Wayne M. Hewett y Timothy O. Mahoney. Hewett aporta una amplia experiencia en juntas directivas de grandes empresas como Home Depot, Wells Fargo y UPS, junto con más de 20 años en GE y roles de liderazgo en varias compañías. Mahoney contribuye con una significativa experiencia en aeroespacial y defensa gracias a sus cargos ejecutivos en Honeywell, donde fue CEO de Honeywell Aerospace y vicepresidente senior de Transformación Digital, además de 18 años en Sikorsky Aircraft.
Estos nombramientos están alineados con la estrategia de Resolute Holdings para fortalecer su estructura de gobernanza y fomentar el valor a largo plazo para los accionistas. Ambos directores aportan sólidas capacidades financieras, operativas y de liderazgo al consejo.
Resolute Holdings (나스닥: RHLD)는 두 명의 새로운 독립 이사인 웨인 M. 휴엣과 티모시 O. 마호니를 임명하여 이사회를 강화했습니다. 휴엣은 홈디포, 웰스파고, UPS 등 주요 기업에서의 광범위한 이사회 경험과 GE에서 20년 이상 근무하며 다양한 기업에서 리더십 역할을 수행한 경력을 가지고 있습니다. 마호니는 허니웰에서 허니웰 에어로스페이스 CEO 및 디지털 전환 수석 부사장을 역임했고, 시코르스키 항공에서 18년간 근무하며 항공우주 및 방위 산업에 대한 깊은 전문성을 제공합니다.
이번 임명은 Resolute Holdings가 거버넌스 구조를 강화하고 장기적인 주주 가치를 창출하려는 전략과 부합합니다. 두 이사 모두 재무, 운영 및 리더십 역량을 이사회에 크게 기여합니다.
Resolute Holdings (Nasdaq : RHLD) a renforcé son conseil d'administration avec la nomination de deux nouveaux administrateurs indépendants : Wayne M. Hewett et Timothy O. Mahoney. Hewett apporte une vaste expérience au sein de conseils d'administration de grandes entreprises telles que Home Depot, Wells Fargo et UPS, ainsi que plus de 20 ans passés chez GE et des rôles de direction dans diverses sociétés. Mahoney apporte une expertise significative dans les secteurs aérospatial et de la défense grâce à ses postes de direction chez Honeywell, où il a été PDG de Honeywell Aerospace et vice-président senior de la transformation numérique, ainsi qu’à ses 18 années chez Sikorsky Aircraft.
Ces nominations s’inscrivent dans la stratégie de Resolute Holdings visant à renforcer sa structure de gouvernance et à générer une valeur actionnariale à long terme. Les deux administrateurs apportent au conseil des compétences solides en finance, opérations et leadership.
Resolute Holdings (Nasdaq: RHLD) hat seinen Vorstand durch die Ernennung von zwei neuen unabhängigen Direktoren, Wayne M. Hewett und Timothy O. Mahoney, verstärkt. Hewett bringt umfangreiche Erfahrung aus Vorstandspositionen bei großen Unternehmen wie Home Depot, Wells Fargo und UPS mit, sowie über 20 Jahre bei GE und Führungsrollen in verschiedenen Firmen. Mahoney verfügt über bedeutende Fachkenntnisse im Luft- und Raumfahrt- sowie Verteidigungssektor durch seine Führungspositionen bei Honeywell, wo er CEO von Honeywell Aerospace und Senior VP für digitale Transformation war, sowie durch seine 18-jährige Tätigkeit bei Sikorsky Aircraft.
Die Ernennungen stehen im Einklang mit der Strategie von Resolute Holdings, die Governance-Struktur zu verbessern und langfristigen Aktionärswert zu schaffen. Beide Direktoren bringen erhebliche finanzielle, operative und Führungsqualitäten in den Vorstand ein.
- Addition of highly experienced directors with extensive leadership backgrounds in major corporations
- Enhanced board expertise in digital transformation, aerospace, and industrial operations
- Strengthened corporate governance through increased independent oversight
- None.
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C. (“CompoSecure Holdings”), a wholly owned subsidiary of CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), today announced the appointment of two new members to its Board of Directors (“Board”). Wayne M. Hewett and Timothy O. Mahoney have been appointed to join Resolute Holdings as independent directors.
“We are excited to welcome Wayne and Tim to our Board of Directors. Their extensive financial, operating, and leadership capabilities will be a great asset in our efforts to drive long-term value creation for Resolute Holdings and our shareholders,” said David Cote, Executive Chairman of Resolute Holdings’ Board.
Mr. Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Since 2018, he has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Mr. Hewett served as Chief Executive Officer of Klöckner Pentaplast Group, a packaging supplier. Mr. Hewett has previously held several other executive roles, spending over 20 years with General Electric Company (“GE”), including leadership roles in various GE business units and membership on GE’s Corporate Executive Council. Mr. Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
Mr. Timothy Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, Chief Executive Officer of Honeywell Aerospace from 2009 to 2019, and multiple Vice President roles across Honeywell Aerospace from 2003 to 2009. Prior to Honeywell, Mr. Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. Mr. Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
“Wayne and Tim bring significant experience and capabilities to our Board, and I look forward to working with them as we continue to scale the platform,” said Tom Knott, Chief Executive Officer of Resolute Holdings.
About Resolute Holdings Management, Inc.
Resolute Holdings (Nasdaq: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For investor inquiries, please contact:
Resolute Holdings
(212) 256-8405
info@resoluteholdings.com
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