- XTI Aerospace (XTIA) said Scott Pomeroy has resigned as chairman and chief executive officer, effective immediately, ending roughly two and a half years in the roles.
- The company’s board of directors appointed Jeremy Schneiderman as interim CEO and elected Jonathan Ornstein as interim chairman of the board.
- Schneiderman has served as CEO of XTI Aerospace subsidiary Drone Nerds since 2014.
- XTIA shares are down about 10% premarket.