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BUZZ-BigBear.ai up after appointing new CEO

ReutersJan 15, 2025 9:46 PM

Shares of artificial intelligence firm BigBear.ai BBAI.N rise 4.4% to $3.54 in extended trading

Company appoints Kevin McAleenan as CEO and member of its board, effective immediately

Current CEO Mandy Long will step down and transition to the role of company advisor

McAleenan, at present, serves as BigBear.ai's president

Stock had more than doubled in 2024

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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