- Push-out Score determined
- After less than one year in the position
- Barrett Mooney taking over
(exechange) — Wichita, Kansas, January 18, 2022 — This news came shortly after Martin Luther King Jr. Day. Brandon Torres Declet, chief executive of AgEagle, leaves. As announced by AgEagle Aerial Systems Inc. in a news release on Tuesday, January 18, 2022, Brandon Torres Declet leaves his post as chief executive officer at the provider of full-stack drone, sensor and software products, after less than one year in the role, effective immediately.
Brandon Torres Declet’s duties as CEO will be taken over by Barrett Mooney, most recently Chairman at AgEagle Aerial Systems Inc.
“To pursue new opportunities”
Brandon Torres Declet’s departure from the CEO post is explained as follows. AgEagle said: “Mooney succeeds Brandon Torres Declet who has resigned as Chief Executive Officer and as a member of the Board of Directors to pursue new opportunities.”
Precise information regarding Brandon Torres Declet’s future plans was not immediately available.
Share price decline since May 2021
The announcement follows a decline in AgEagle Aerial Systems Inc.’s share price of 74% since May 2021. May 2021 is the month in which Torres Declet’s tenure as CEO began.
In the position of CEO since 2021
Brandon Torres Declet became CEO of the Company in 2021.
On May 24, 2021, AgEagle Aerial Systems Inc. announced that its Board of Directors has named Brandon Torres Declet as its new Chief Executive Officer, effective immediately.
Torres Declet was named Chief Operating Officer and a member of the Board of Directors following AgEagle’s acquisition of Measure Global Inc. in April 2021.
In 2014, he co-founded Measure, an award-winning aerial intelligence company.
Prior to founding Measure, he established and managed the Defense and Homeland Security government relations practice at McAllister & Quinn, a Washington, D.C.-based consulting firm.
Previously, he served as Counsel on Capitol Hill to Senator Dianne Feinstein and Congresswoman Jane Harman; led the intelligence program at the NYPD Counter Terrorism Bureau under Police Commissioner Ray Kelly; and coordinated drone policy for the DoD and Homeland Security.
Torres Declet served on the UAS Registration Task Force Aviation Rulemaking Committee and authored a precedent-setting Section 333 exemption.
In January 2021, he was appointed to the FAA’s Drone Advisory Committee.
He was also named a Senior Advisor to Oxford University’s Centre for Technology and Global Affairs in 2018 and has been recognized as a “Tech Titan” by Washingtonian Magazine.
Torres Declet holds a J.D. from Fordham University School of Law, an L.L.M. from Georgetown University Law Center and a B.A. from Union College.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Brandon Torres Declet’s move on a scale of 0 to 10.
exechange reached out to AgEagle and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 4.2022 ($).