Red Cat Appoints Interim and Permanent CFO

The company’s CEO to temporarily serve as finance chief before newly appointed CFO assumes the role.

March 18, 2025

Leadership Transition at Red Cat

Red Cat Holdings is making key leadership moves to keep its financial operations on track. Jeffrey Thompson, the company’s CEO and Chairman, is stepping in as Interim CFO until Red Cat files its annual report for 2024. Once that’s done, Christian Koji Ericson will take over as the permanent CFO.

Interim CFO: Jeffrey Thompson

Thompson has led Red Cat since 2019 and has years of executive experience in the technology and telecommunications sectors. During his time as Interim CFO, he won’t receive additional compensation but will continue participating in the company’s equity incentive plan.

Incoming CFO: Christian Koji Ericson

Ericson brings a deep finance and accounting background, with senior roles at Western Steel Buildings and Nu Skin Enterprises, along with 11 years at PricewaterhouseCoopers. He holds CPA credentials and multiple accounting degrees from Brigham Young University.

Compensation and Strategic Focus

• Ericson’s annual salary is set at $230,000.


• He is eligible for a performance-based bonus of up to 50% of his salary.


• He has been granted 50,000 restricted stock units, vesting over two years.

With these appointments, Red Cat is ensuring continuity in its financial leadership while reinforcing its governance and reporting framework. Ericson’s experience in financial operations, compliance, and corporate growth positions him to step in and drive forward the company’s finance strategy once he officially assumes the role.