Vertical Aerospace Names Former Airbus CEO Fabrice Brégier as Board Chair
EVTL sits 28% above its 52-week low of $0.518 on elevated volume (3.1× avg).
Summary
Vertical Aerospace appointed former Airbus Commercial Aircraft CEO Fabrice Brégier as Board Chair, effective September 21, 2026, with the appointment proposed by Mudrick Capital under its director appointment rights.
Key Events · Executive and Board Changes · EVTL
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Fabrice Brégier Appointed Board Chair
Effective September 21, 2026, Fabrice Brégier—former CEO of Airbus Commercial Aircraft and President of Palantir Technologies France—becomes Chair of the Board.
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Board Expanded to Nine Directors
To accommodate Brégier's appointment, the Board approved an increase from eight to nine directors.
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Mudrick Capital Proposes Appointment
Mudrick Capital Management proposed Brégier's appointment pursuant to its director appointment rights under the amended and restated memorandum and articles of association.
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Ben Story Steps Down as Interim Chair
Ben Story, who served as interim chair since May 2026, will remain on the Board as a non-executive director.
Analysis · EVTL · Manufacturing
Vertical Aerospace has appointed Fabrice Brégier, former CEO of Airbus Commercial Aircraft and President of Palantir Technologies France, as its new Board Chair effective September 21, 2026. The appointment was proposed by Mudrick Capital Management under its director appointment rights, signaling the activist investor's continued influence over governance. Brégier brings deep aerospace and defense credentials at a critical juncture as the company pushes toward certification of its Valo eVTOL aircraft and expands into hybrid-electric and autonomous defense applications. The board expansion from eight to nine directors and the transition of Ben Story from interim chair to non-executive director complete the leadership reshuffle.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1609 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EVTL was trading at $0.66 on NYSE in the Manufacturing sector, with a market capitalization of approximately $106.7M. The 52-week trading range was $0.52 to $7.33. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.