Draganfly Reveals Changes to Its Board Members

Draganfly Inc. Welcomes Strategic Additions to Its Advisory Board and Leadership Team

Draganfly Inc., a pioneering company in drone solutions and systems development, has announced some significant updates to its leadership structure. The company, which trades under the ticker symbols NASDAQ: DPRO, CSE: DPRO, and FSE: 3U8A, is renowned for its innovative approach in creating high-quality drone technology. These changes are set to enhance Draganfly’s strategic direction, particularly in defense and government sectors.

Changes in the Board of Directors and Advisory Board

Draganfly has introduced notable shifts within its corporate governance. Olen Aasen has stepped down from his role on the Board of Directors, and the company has appointed Kim Moody as the new Audit Chair. Furthermore, Andy Card, a distinguished figure with a wealth of leadership experience, is rejoining Draganfly as a member of its Advisory Board.

Andy Card is no stranger to leadership roles, having served as White House Chief of Staff under President George W. Bush. During his tenure from 2000 to 2006, Card played a crucial role in managing the Executive Office of the President and was instrumental in shaping U.S. policy during pivotal events, such as the September 11th attacks. Besides his time at the White House, Card has served as the U.S. Secretary of Transportation and held a key position as Vice President of Government Relations for General Motors. His extensive experience in both government and corporate sectors is expected to be a significant asset for Draganfly.

Cameron Chell, CEO of Draganfly, expressed his excitement about Andy Card’s return, stating, "We are thrilled to welcome Andy back to the Draganfly team in this advisory capacity. His leadership experience and trusted counsel have been critical to the Company’s growth, and we look forward to his continued insights as we drive innovation and expand our presence in the UAV industry."

Kim Moody Takes Over as Audit Chair

Kim Moody’s appointment as the new Audit Chair marks another strategic move for Draganfly. As the Founder of Moodys Private Client LLP, Moody brings a wealth of experience in tax advisory, accounting, and financial governance. He replaces Olen Aasen, who has been a director for over five years and is stepping down to pursue new opportunities. CEO Cameron Chell acknowledged Olen’s contributions, saying, "On behalf of the Board and management, I would like to thank Olen for his exceptional service and contributions to Draganfly. We look forward to his continued advice when possible."

New Committee Appointments

Draganfly has also announced several new committee appointments to bolster its leadership team:

• Julie Myers Wood has been appointed to lead the Compensation Committee. She is currently the Chief Executive Officer at Guidepost Solutions and possesses over 25 years of experience dealing with regulatory and enforcement issues. Her previous roles include serving as Assistant Secretary of Homeland Security for Immigration and Customs Enforcement (ICE) under President George W. Bush, as well as various positions in both public and private sectors.
• Tim Dunnigan, who serves as the CEO & President of MMS Products, Inc., will be joining the Audit Committee. With a background as a retired U.S. Army Infantry Officer, Dunnigan is a seasoned defense technology entrepreneur with a strong track record in developing leadership solutions for military personnel. His experience includes holding multiple patents and providing support to the Department of Defense.
• Thomas B. Modly, the former Acting Secretary of the Navy and Under Secretary of the Navy, will serve on both the Audit and Nominating Committees. Modly’s career has focused on enhancing the agility and accountability of the Department of Defense. His extensive knowledge in leadership, education, and defense operations will be invaluable as Draganfly continues to expand into defense-related markets.

  Cameron Chell commented on these appointments, "With the addition of such seasoned leaders as Andy Card, Kim Moody, Tim Dunnigan, and Thomas B. Modly, our board brings an important level of defense and government expertise. This positions Draganfly to leverage our advanced drone technology in defense applications and address emerging challenges in national security. Their knowledge will guide us as we continue to innovate and expand our presence in these critical sectors."

  About Draganfly
  

  Draganfly Inc. has established itself as a leader in the field of drone technology, offering innovative solutions that transform how businesses operate and interact with their stakeholders. Over the past 24 years, the company has been at the forefront of technological advancement, providing services to a broad range of sectors including public safety, agriculture, industrial inspections, security, mapping, and surveying. Draganfly is committed to delivering efficient solutions that save time, money, and lives, driven by a passion for ingenuity and first-class service.

  Strategic Implications
  

  The strategic appointments and changes in Draganfly’s leadership are poised to propel the company forward, particularly in sectors where they aim to enhance their presence. The addition of leaders with strong backgrounds in defense and government affairs positions the company to effectively navigate and address emerging challenges in national security and defense applications. This move aligns with Draganfly’s mission to remain at the cutting edge of drone technology and to ensure that their solutions continue to meet the evolving needs of their clients.

  Conclusion
  

  Draganfly’s recent announcements highlight a commitment to strengthening its leadership and enhancing its strategic focus. With experienced leaders like Andy Card and Kim Moody taking on pivotal roles, and new committee appointments bringing additional expertise, the company is well-positioned to continue its trajectory of innovation and growth. These changes are expected to not only benefit Draganfly but also its clients across various industries who rely on the company’s cutting-edge technology for their operations. As Draganfly continues to push the boundaries of what is possible with drone technology, the industry and its customers can look forward to a future of exciting developments and solutions.

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