![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 08, 2008 5:22:53 PM
Gordon McGilton will leave the company on Jan. 31, ending a three-year stint as leader of the military vehicle maker. McGilton departs a very rich man, thanks to huge stock sales prior to a sharp downturn in the company's shares.
Force Protection once ranked as the nation's top supplier of mine-resistant ambush-protected vehicles. However, rivals Navistar (NAVZ - Cramer's Take - Stockpickr) and BAE Systems -- larger companies led by manufacturing veterans -- have recently overtaken Force Protection to become the new leaders of the multibillion-dollar MRAP program.
Frustrated investors have increasingly blamed McGilton, a leadership training guru, for that downturn. They sent Force Protection's stock up 6% to $4.39 late Tuesday after news of his retirement.
Michael Moody, a financial adviser who joined Force Protection's board in 2006, will take over as chairman and interim CEO until a permanent leader can be found. Moody expressed strong confidence in Force Protection's future despite its troubling setbacks.
"Force Protection is in a great position to build on the foundation of the company's innovative, lifesaving, ballistic- and blast-protected wheeled vehicles," Moody stated on Tuesday. "It is an honor to be entrusted with this transitional role. And I welcome the challenges and opportunities, as we work to advance the company's strategy for continued growth and success."
hmmm is she changing her tune on frpt....almost sounds like it..GLTA
all imo
Recent FRPT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/05/2024 08:05:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 10:30:26 AM
- Freshpet, Inc. Reports Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/05/2024 10:30:00 AM
- U.S. Index Futures and Oil Prices Plunge on Recession Concerns • IH Market News • 08/05/2024 09:46:20 AM
- Freshpet, Inc. to Report Second Quarter 2024 Results on Monday, August 5, 2024 • GlobeNewswire Inc. • 07/15/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:05:15 PM
- UPDATE - Freshpet, Inc. to Participate in the Deutsche Bank Global Consumer Conference • GlobeNewswire Inc. • 05/29/2024 09:30:17 PM
- Freshpet, Inc. to Participate in the Deutsche Bank Global Consumer Conference • GlobeNewswire Inc. • 05/21/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 08:07:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 09:07:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 08:17:26 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/08/2024 02:46:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/06/2024 08:08:17 PM
- Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise • IH Market News • 05/06/2024 12:09:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 10:30:26 AM
- Freshpet, Inc. Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/06/2024 10:30:00 AM
- Freshpet, Inc. to Report First Quarter 2024 Results on Monday, May 6, 2024 • GlobeNewswire Inc. • 04/16/2024 12:00:00 PM
- Freshpet and Global Superstar Meghan Trainor Announce Partnership on National Pet Day • PR Newswire (US) • 04/11/2024 01:30:00 PM
- Freshpet Announces Updates to its Board of Directors • GlobeNewswire Inc. • 04/10/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 12:35:55 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 06:12:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 12:46:08 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 10:22:45 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 04:12:02 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/26/2024 09:54:13 PM
FEATURED North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM