CEO of Firefly removed
The board of directors of the rocket startup Firefly announced yesterday that the company’s CEO, Bill Weber, “will no longer serve” in that position and has been replaced by an interim CEO.
This change is likely related to a news story the day prior about allegations that Weber had had an “inappropriate relationship” with a female employee.
Firefly has an interesting history when it comes to its CEOs. The company’s first CEO, Tom Markusic, was first sued by Virgin Galactic (his former employer) for stealing proprietary information, and then by his first Firefly investors when he got the company out of bankruptcy by making a deal with a Ukrainian billionaire. That billionaire was later forced to divest from the company by the State Department. The new investors that Markusic found then forced him out in 2022.
Who will take over now remains unknown.
The board of directors of the rocket startup Firefly announced yesterday that the company’s CEO, Bill Weber, “will no longer serve” in that position and has been replaced by an interim CEO.
This change is likely related to a news story the day prior about allegations that Weber had had an “inappropriate relationship” with a female employee.
Firefly has an interesting history when it comes to its CEOs. The company’s first CEO, Tom Markusic, was first sued by Virgin Galactic (his former employer) for stealing proprietary information, and then by his first Firefly investors when he got the company out of bankruptcy by making a deal with a Ukrainian billionaire. That billionaire was later forced to divest from the company by the State Department. The new investors that Markusic found then forced him out in 2022.
Who will take over now remains unknown.