Telos Names EVP Mark Griffin CEO; Founder John Wood Moves to Executive Chairman
TLS sits 38% above its 52-week low of $3.785.
Summary
Telos is handing the CEO role to EVP Mark Griffin effective November 2, 2026, ending John B. Wood's run as chief executive that began in 1994. Wood stays on as Executive Chairman, so the founder remains in the boardroom rather than exiting entirely. The change lands right after an 8-K disclosing the same appointment, and it follows a stretch of insider selling — including Wood's own September filing to sell about 96,151 shares and a 200,000-share sale by CFO Gary Mark Bendza. For a company that just posted 33% year-over-year Q2 revenue growth and swung to a GAAP profit, the question is whether Griffin keeps that momentum and the contract wins coming.
At the time of this announcement, TLS was trading at $5.21 on NASDAQ in the Technology sector, with a market capitalization of approximately $389.4M. The 52-week trading range was $3.79 to $8.36. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.