Redwire Announces CFO Transition

The leadership changes include a planned CFO succession, two new board members, and expanded governance experience.

October 08, 2025

Redwire Corporation Charts New Leadership Course with CFO and Board Changes

Redwire is making moves to strengthen its leadership team as it gears up for its next chapter. The company announced a planned CFO transition, alongside two new appointments to its board of directors—changes that aim to support ongoing operational and financial priorities.

Jonathan Baliff, Redwire’s current CFO and a member of its board, will retire effective November 30, 2025. This marks a scheduled leadership handoff. Redwire has confirmed there were no disagreements leading up to the retirement. As part of the transition, Baliff has entered into a consulting agreement that includes:

• One year of base salary and target bonus


• Continued vesting of unvested equity awards through 2026


• COBRA coverage for up to 12 months

He will assist with the CFO transition and continue supporting the company in an advisory role.

Incoming CFO Appointment

Taking the reins as CFO is Chris Edmunds, currently Redwire’s Senior Vice President and Chief Accounting Officer. He joined the company in 2020 and has held key finance leadership roles since then. His official start date as CFO is December 1, 2025.

Edmunds brings nearly two decades of experience and has spent most of his career in finance and accounting, including a 15-year run at Ernst & Young. His new employment agreement outlines the following compensation package:

• Base salary:$420,000 annually


• Bonus target: 100% of base salary


• Equity grant: Targeted at 150% of base salary

Severance Terms

The agreement also details severance protections. If Edmunds is terminated without cause or resigns for good reason, he will be eligible to receive:

• 12 months of base salary paid over time


• Pro-rated annual bonus based on performance


• Continued vesting of equity for 12 months


• COBRA reimbursement for up to 12 months

In the event of a termination following a change in control, severance expands to a lump sum payout equal to 18 months of base salary and 1.5 times the target bonus, plus immediate vesting of all outstanding equity at target performance levels.

To receive these benefits, Edmunds must sign a release of claims and continue honoring standard non-compete, non-solicitation, and confidentiality obligations for 12 months following his departure.

Board Transitions and Appointments

Alongside the CFO handoff, Redwire’s board is also undergoing changes. John Bolton has resigned from the board, and Baliff’s retirement created a second open seat. Redwire has filled both with experienced leaders: General (RET) James McConville and financial executive Dorothy D. Hayes.

McConville, a former Chief of Staff of the U.S. Army, brings global operational leadership and military command experience. Hayes has held senior finance roles at Intuit and Hewlett-Packard and currently chairs the Audit Committee at BigBear.ai. She will also join Redwire’s Audit Committee.

Both appointments became effective October 3, 2025. Redwire confirmed that the new directors were selected in line with standard governance practices and will be compensated under the company’s non-employee director policy.

With these transitions, Redwire is aligning its leadership structure to support continuity and prepare for future growth.