Research Reports

Key takeaways

Dómhnal Slattery resigned as Chairman and Board member effective May 12, 2026, to focus on other business interests.

Slattery oversaw key milestones including two-way piloted transition flight and $850 million financing package.

Slattery served as Chairman since January 2025, previously from January 2022 to August 2023.

Ben Story appointed interim Chairman effective May 12, 2026, pending permanent appointment.

Story joined Board in April 2024 with experience at Rolls-Royce, Citigroup, and Transport for London.

Full analysis

The departure of Dómhnal Slattery as Chairman follows his oversight of significant operational achievements, including the historic two-way piloted transition flight and securing up to $850 million in financing, signaling a transition point after key milestones. His tenure since January 2025 built on prior service, providing continuity in leadership during critical phases. Ben Story's interim appointment leverages his extensive background in strategy, M&A at Rolls-Royce, investment banking at Citigroup, and public sector roles, potentially ensuring stability in governance amid ongoing Company progress. Investors should monitor the search for a permanent Chairman.

EVTL · Vertical Aerospace Ltd.

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