Redwire (NYSE: RDW) appoints Gregory Heston to board and Audit Committee
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Redwire Corporation appointed Gregory L. Heston to its Board of Directors on July 10, 2026, effective that day, to fill the vacancy created by the previously announced resignation of David Kornblatt. He will serve as a Class III director with a term expiring at the 2027 Annual Meeting of Shareholders and has been named to the Board’s Audit Committee.
The Board determined that Heston is independent under New York Stock Exchange listing standards and Rule 10A-3 of the Exchange Act. He will be compensated under Redwire’s non-employee director compensation policy and has entered into an indemnification agreement in the form previously filed as Exhibit 10.4 on September 10, 2021. Heston is a retired Ernst & Young audit partner with 38 years of public accounting experience, including 24 years as a partner, and now serves as a Professor of Practice at Auburn University’s School of Accountancy, as well as on the Board of Geneva Benefits Group.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Board appointment date: July 10, 2026
Public accounting experience: 38 years
Years as EY partner: 24 years
+2 more
5 metrics
Board appointment date
July 10, 2026
Effective date of Gregory L. Heston’s appointment as director
Public accounting experience
38 years
Total public accounting experience cited for Mr. Heston
Years as EY partner
24 years
Portion of Heston’s career served as an Ernst & Young partner
Retirement year from EY
2024
Year Heston retired from Ernst & Young before joining Auburn University
Director term end
2027 Annual Meeting of Shareholders
Expiration of Heston’s term as a Class III director
Key Terms
Audit Committee, Indemnification Agreement, Rule 10A-3, Item 404(a) of Regulation S-K
4 terms
Audit Committee financial
"has been appointed as a member of the Audit Committee of the Board"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Indemnification Agreement regulatory
"entered into an Indemnification Agreement, the form of which was filed as Exhibit 10.4"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Rule 10A-3 regulatory
"independent under the New York Stock Exchange listing standards and Rule 10A-3"
Item 404(a) of Regulation S-K regulatory
"transactions or relationships ... that would require disclosure under Item 404(a) of Regulation S-K"
FAQ
Who was appointed to Redwire (RDW)'s Board of Directors and when?
Redwire appointed Gregory L. Heston to its Board of Directors on July 10, 2026, effective the same date. He fills the vacancy created by the previously announced resignation of director David Kornblatt and joins as a Class III director.
What role will Gregory L. Heston have on Redwire (RDW)'s board?
Gregory L. Heston will serve as a Class III director with a term expiring at Redwire’s 2027 Annual Meeting of Shareholders. He has also been appointed as a member of the Board’s Audit Committee, contributing to financial oversight and governance.
What is the professional background of Gregory L. Heston at Redwire (RDW)?
Gregory L. Heston is a retired Ernst & Young audit partner with 38 years of public accounting experience, including 24 years as a partner. After retiring in 2024, he joined Auburn University’s Raymond J. Harbert College of Business as a Professor of Practice in the School of Accountancy.
Is Gregory L. Heston considered independent under Redwire (RDW)'s listing standards?
Redwire’s Board determined that Gregory L. Heston is independent under New York Stock Exchange listing standards and Rule 10A-3 of the Exchange Act. The company also reports no related transactions requiring disclosure under Item 404(a) of Regulation S-K.
What compensation and agreements apply to Gregory L. Heston at Redwire (RDW)?
Gregory L. Heston will be paid according to Redwire’s non-employee director compensation policy. He and the company have entered into an Indemnification Agreement, using a form previously filed as Exhibit 10.4 with the SEC on September 10, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): July 10, 2026
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 10, 2026 and effective as of such date, the Board of Directors (the “Board”) of Redwire Corporation (the “Company”), upon recommendation by the Nominating and Corporate Governance Committee of the Board, appointed Gregory L. Heston to fill the vacancy on the Board resulting from the previously announced resignation by David Kornblatt. Mr. Heston will serve as a Class III director with a term of office expiring at the Company's 2027 Annual Meeting of Shareholders and has been appointed as a member of the Audit Committee of the Board. Mr. Heston will be paid in accordance with the Company’s non-employee director compensation policy. In connection with the appointment of Mr. Heston to the Board, Mr. Heston and the Company have entered into an Indemnification Agreement, the form of which was filed as Exhibit 10.4 to the Company's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on September 10, 2021. The Board has determined that Mr. Heston is independent under the New York Stock Exchange listing standards and Rule 10A-3 of the Securities Exchange Act of 1934, as amended. There was no arrangement or understanding between Mr. Heston and any other person pursuant to which Mr. Heston was selected as a director, and the Company is not aware of any related transactions or relationships between Mr. Heston and the Company that would require disclosure under Item 404(a) of Regulation S-K.
Mr. Heston is a retired Ernst & Young (“EY”) audit partner with 38 years of public accounting experience, including 24 years as a partner. During his career, he served global publicly traded companies, leading audit engagements and advising on complex accounting, financial reporting, and internal control matters. He brings extensive expertise in financial oversight, governance, risk management, and regulatory compliance. Following his 2024 retirement from EY, Mr. Heston joined the faculty of Auburn University's Raymond J. Harbert College of Business as a Professor of Practice in the School of Accountancy. He currently serves on the Board of Directors of Geneva Benefits Group, and previously served two four-year terms on the Board of Directors of the Auburn University Foundation. Mr. Heston is a licensed CPA in Alabama and Georgia.
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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.
Dated: July 14, 2026
Redwire Corporation | |||||
By: | /s/ Chris Edmunds | ||||
Name: | Chris Edmunds | ||||
Title: | Chief Financial Officer | ||||
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