Frequency Electronics names Allen Kaplan CFO effective Nov. 1, 2026
Frequency Electronics said its Board elected Allen Kaplan as Chief Financial Officer effective November 1, 2026, succeeding Steven L. Bernstein, who is retiring from the roles of CFO, Secretary and Treasurer. The company also reaffirmed its fiscal 2029 financial targets, a change in leadership for a company whose finance chief is also its principal accounting officer.
Key points
- Allen Kaplan, age 45, was Vice President, Finance and Business Operations for Leidos' Defense Sector and previously worked at Lockheed Martin from 2005 to 2016.
- Kaplan's base salary is $280,000, with a 50% target bonus and a one-time new hire award of 5,000 restricted stock units and 5,000 performance stock units.
- Bernstein will provide transition services under a planned one-year consulting agreement beginning November 1, 2026.
- The company reaffirmed minimum targets for the fiscal year ending April 30, 2029: $150 million revenue, 50% gross margin and 30% operating margin.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.
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