Commercial space company Momentus, which is in a pending merger with Stable Road Acquisition, today announced the board of directors has appointed Dawn Harms, the Company’s Chief Revenue Officer, as a director and interim CEO effective immediately. This follows the resignation of director and founding CEO Mikhail Kokorich.
Momentus, in consultation with Stable Road, said it has determined that accepting Kokorich’s resignation is in the best interest of the company, in an effort to expedite the resolution of U.S. government national security and foreign ownership concerns surrounding Momentus, the existence of which the company recently has confirmed.
“We believe that this leadership transition will position the company for success and help accelerate regulatory reviews by the U.S. government,” said Brian Kabot, chairman and CEO of Stable Road. “Momentus has a deep and experienced executive team, as well as innovative technology. We have full confidence in Dawn and the team to lead the company to reach both near-term targets and achieve even greater success over the longer-term.” Read more.
