Satellogic names former NGA Director Frank Whitworth as President, effective Sept. 7
Satellogic's Board approved the appointment of Frank Dixon Whitworth III as President, effective September 7, 2026. Whitworth is a retired U.S. Navy Vice Admiral who served as Director of the National Geospatial-Intelligence Agency from June 2022 until his retirement in December 2025, and he has been a strategic advisor to the company since March 2026. His offer letter sets out pay and severance terms, which shareholders can review in the 10-Q filing for the period ending September 30, 2026.
Key points
- Board approved the appointment on September 4, 2026, effective September 7, 2026.
- Offer letter provides a $400,000 annual base salary and a $240,000 target annual performance bonus.
- First-year restricted stock unit grant has a grant date value of $1,875,000, vesting quarterly over five years.
- If terminated without cause outside a change of control, he receives six months of base salary, a prorated bonus and some equity acceleration.
The filing
Written by AI on Nov 9, 2026, 11:45 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 September 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.