Mach Industries Appoints Gary Hobart as Chief Financial Officer
Mach Industries (NYSE:LLAP) has appointed Gary Hobart as its new Chief Financial Officer. Hobart brings over 30 years of experience in aerospace and defense executive management, investment management, and corporate finance to the role.
Prior to joining Mach Industries, Hobart served as CFO and Chief Transformation Officer at Terran Orbital, where he led the company through a successful public listing and sale to Lockheed Martin. During his tenure, he helped scale the company's backlog to over $2.8 billion, raised $500+ million in capital, and increased production capacity fivefold.
His previous experience includes 20 years as a buyside investment manager at Beach Point Capital and Trust Company of the West, specializing in private equity and special situation investing.
Mach Industries (NYSE:LLAP) ha nominato Gary Hobart nuovo Chief Financial Officer. Hobart porta con s茅 oltre 30 anni di esperienza nella gestione esecutiva nei settori aerospaziale e della difesa, nella gestione degli investimenti e nella finanza aziendale.
Prima di entrare in Mach Industries, Hobart 猫 stato CFO e Chief Transformation Officer presso Terran Orbital, dove ha guidato la societ脿 attraverso una quotazione di successo e la cessione a Lockheed Martin. Durante il suo mandato ha contribuito a far crescere il portafoglio ordini a oltre 2,8 miliardi di dollari, raccolto pi霉 di 500 milioni di dollari in capitale e quintuplicato la capacit脿 produttiva.
In precedenza ha lavorato per 20 anni come gestore di investimenti buy-side presso Beach Point Capital e Trust Company of the West, specializzandosi in private equity e investimenti in situazioni speciali.
Mach Industries (NYSE:LLAP) ha nombrado a Gary Hobart como su nuevo Director Financiero (CFO). Hobart aporta m谩s de 30 a帽os de experiencia en direcci贸n ejecutiva en aeroespacial y defensa, gesti贸n de inversiones y finanzas corporativas.
Antes de unirse a Mach Industries, Hobart fue CFO y Chief Transformation Officer en Terran Orbital, donde lider贸 a la empresa durante una salida a bolsa exitosa y su venta a Lockheed Martin. Durante su etapa ayud贸 a escalar la cartera de pedidos a m谩s de 2.800 millones de d贸lares, capt贸 m谩s de 500 millones de d贸lares de capital y multiplic贸 por cinco la capacidad de producci贸n.
Anteriormente pas贸 20 a帽os como gestor de inversiones buy-side en Beach Point Capital y Trust Company of the West, especializ谩ndose en private equity e inversiones en situaciones especiales.
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Mach Industries (NYSE:LLAP) a nomm茅 Gary Hobart comme nouveau directeur financier (CFO). Hobart apporte plus de 30 ans d鈥檈xp茅rience en direction dans les secteurs a茅rospatial et de la d茅fense, en gestion d鈥檌nvestissements et en finance d鈥檈ntreprise.
Avant de rejoindre Mach Industries, Hobart a 茅t茅 CFO et Chief Transformation Officer chez Terran Orbital, o霉 il a conduit la soci茅t茅 lors d鈥檜ne introduction en bourse r茅ussie et de sa cession 脿 Lockheed Martin. Au cours de son mandat, il a contribu茅 脿 porter le carnet de commandes 脿 plus de 2,8 milliards de dollars, lev茅 plus de 500 millions de dollars de capitaux et quintupl茅 la capacit茅 de production.
Auparavant, il a pass茅 20 ans en tant que gestionnaire d鈥檌nvestissements c么t茅 acheteur (buy-side) chez Beach Point Capital et Trust Company of the West, se sp茅cialisant dans le capital-investissement et les investissements en situations sp茅ciales.
Mach Industries (NYSE:LLAP) hat Gary Hobart zum neuen Chief Financial Officer ernannt. Hobart bringt 眉ber 30 Jahre Erfahrung in der F眉hrungsebene der Luft- und Raumfahrt- sowie Verteidigungsbranche, im Investmentmanagement und in der Unternehmensfinanzierung mit.
Vor seinem Wechsel zu Mach Industries war Hobart CFO und Chief Transformation Officer bei Terran Orbital, wo er das Unternehmen durch einen erfolgreichen B枚rsengang und den Verkauf an Lockheed Martin f眉hrte. W盲hrend seiner Amtszeit half er, den Auftragsbestand auf 眉ber 2,8 Milliarden US-Dollar zu erh枚hen, mehr als 500 Millionen US-Dollar an Kapital zu beschaffen und die Produktionskapazit盲t zu verf眉nffachen.
Davor war er 20 Jahre als Buy-Side-Investmentmanager bei Beach Point Capital und Trust Company of the West t盲tig und spezialisierte sich auf Private Equity und Special-Situation-Investments.
- Appointment of seasoned CFO with 30+ years of relevant industry experience
- Strong track record of successful public listing and M&A experience through Terran Orbital
- Proven ability to scale operations and raise significant capital ($500M+)
- Deep expertise in aerospace, defense, and capital markets
- None.
30-Year finance veteran brings deep defense tech, corporate finance and manufacturing leadership experience to the executive team
"Gary's unique combination of capital markets acumen and financial leadership in defense tech makes him an invaluable addition to our team," said Ethan Thornton, Founder and CEO of Mach Industries. "His proven ability to drive growth across financial and operating divisions and navigate complex financial landscapes will be instrumental as we advance our mission to deliver cutting-edge defense solutions."
Prior to joining Mach Industries, Hobart served as Chief Financial Officer and Chief Transformation Officer at Terran Orbital Corporation (NYSE: LLAP), a leading manufacturer of small satellites for defense and intelligence applications. During his tenure, he led the company through a successful public listing in March 2022 and a strategic sale to Lockheed Martin in October 2024. Under his financial leadership, Terran Orbital scaled its backlog to over
Before Terran Orbital, Hobart spent 20 years as a buyside investment manager with Beach Point Capital, a
"Joining Mach Industries is an exciting opportunity to apply my experience in capital markets and operational scaling to a company at the forefront of defense technology," said Gary Hobart, Chief Financial Officer of Mach Industries. "I look forward to contributing to Mach's growth and its mission to enhance national security through innovation."
About Mach Industries Inc.
Founded in 2023, Mach Industries is a defense manufacturing company headquartered in
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