TYSONS CORNER, Virginia, January 15, 2025–(BUSINESS FEED)–BigBear.ai (NYSE: BBAI) today announced that the Board of Directors has appointed Kevin McAleenan as Chief Executive Officer and Member of the Board of Directors, effective January 15, 2025, succeeding Mandy Long. Mandy Long will step down from her role as CEO and board of directors to become an advisor to the company.
McAleenan currently serves as President of BigBear.ai and has extensive government and business experience with U.S. national security agencies, including serving as Acting Secretary of the U.S. Department of Homeland Security (DHS) during the first Trump administration before founding Pangiam , which was later bought back. by BigBear.ai in 2024.
Prior to Pangiam, McAleenan served as commissioner of U.S. Customs and Border Protection, where he focused on counterterrorism, border security, and immigration enforcement, following nearly two decades as career civil servant.
“Today marks an important next step for the company,” said Peter Cannito, Chairman of the Board of Directors of BigBear.ai.
“The demand for differentiated artificial intelligence solutions to provide strategic advantage in government and business is strong and the combination of recent technological achievements and strategic contract awards has positioned BigBear.ai as one of the leading AI solution providers focused on national security imperatives.
“Kevin is a proven leader with a proven track record of success through mission focus, technology and process innovation, and operational excellence. Having served at the highest levels of government, Kevin brings a deep understanding of current national security priorities and the challenges facing the United States. our mission partners, providing BigBear.ai with a deep understanding of how artificial intelligence can be most effectively leveraged to maximize impact. We are excited to welcome Kevin as CEO and confident in his ability to lead the company’s next phase of growth.
“All of this would not have been possible without Mandy’s efforts over the past several years to commercialize innovative and cutting-edge AI technologies. BigBear.ai’s product portfolio and financial position have been significantly improved as a result of his efforts. grateful for her contributions and the role she played in shaping our strategy,” he concluded.
“It’s an honor to take on the role of CEO of BigBear.ai,” said McAleenan. “Our customers’ success depends on their ability to navigate complexity and act decisively in the highest-stakes environments. BigBear.ai is uniquely positioned to support these goals with our domain expertise and cutting-edge technology. I look forward to working with this exceptional team to build on our successes and increase our ability to deliver AI-driven solutions in ways that deliver meaningful impact for our customers, partners and stakeholders.
“It has been a privilege to lead such a talented and dedicated team of professionals over the past two and a half years. The future is bright for BigBear.ai and its mission to bring clarity to the world’s most complex decisions,” said Mandy Long. .
Biography of the leader
Kevin McAleenan, CEO, BigBear.ai
Kevin most recently served as President of BigBear.ai, where he led teams delivering cutting-edge computer vision, simulation and modeling services, with digital identity tools to help customers make decisions critical safety and operational issues. Kevin co-founded and led Pangiam as CEO and Chairman of the Board until its acquisition by BigBear.ai, developing cutting-edge biometric and AI products for security applications, both for government agencies and commercial customers.
Kevin brings nearly two decades of leadership experience in the U.S. government to his role. He was the first career official to be nominated and confirmed as Commissioner of U.S. Customs and Border Protection (CBP) in 2018, and he most recently served as Acting Secretary of the U.S. Department of Commerce. Homeland Security (DHS) under President Donald Trump, where he led more than 240,000 employees and oversaw the operations of CBP, the Transportation Security Administration (TSA), the U.S. Coast Guard, the Cybersecurity and Infrastructure Security Agency (CISA), the Secret Service and others.
His past experiences include implementing innovations in the U.S. international arrival and departure process, developing comprehensive counterterrorism and risk management strategies, and overseeing the implementation of the window U.S. government’s sole agency for international trade, a project that involved more than four dozen agencies. Kevin has received several awards for his service and leadership, including a Presidential Rank Award, the nation’s highest public service honor, a Service to America Medal, and multiple awards from travel and tourism industry groups. trade.
About BigBear.ai
BigBear.ai is a leading provider of AI-powered business intelligence solutions for national security, digital identity and supply chain management. Customers and partners rely on BigBear.ai’s artificial intelligence and predictive analytics capabilities in highly complex, distributed, and mission-based operating environments. BigBear.ai is a public company listed on the NYSE under the symbol BBAI. For more information, visit https://bigbear.ai and follow BigBear.ai on LinkedIn: @BigBear.aiand X: @BigBearai. To receive email communications from BigBear.ai, register here.
Forward-looking statement
This press release contains “forward-looking statements.” Such statements include, but are not limited to, statements regarding the intended use of the proceeds of the private placement and may be preceded by the words “intends”, “may”, “will”, “plans”, “expects”, “anticipates”. , “”projects”, “predicts”, “estimates”, “aims”, “believes”, “hopes”, “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified and, therefore, actual results may differ materially from those expressed or implied by such statements. prospective. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, commercial, financial, political and legal conditions; a sector basis); risks related to delays caused by factors beyond our control, including changes in tax or contractual policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions resulting from “sequestration” or similar measures and constraints imposed by any lapse in appropriations for the federal government or certain of its departments and agencies; influence or competition from third parties with respect to current, new or existing contracts with government customers; our ability to successfully compete and receive task orders and generate revenue under multiple indefinite-delivery, indefinite-quantity (IDIQ) contracts; potential delays or changes in government appropriations or procurement processes, including as a result of events such as wars, terrorist incidents, natural disasters and public health problems or epidemics; and increased or unexpected costs or delays caused by other factors beyond our control, such as performance failures of our subcontractors; risks related to the deployment of the activity and the timing of expected commercial milestones; the effects of competition on our future operations; our ability to issue stock or stock-related securities in the future, and factors discussed in the Company’s reports and other filings with the SEC, including under the heading “Risk Factors.” More detailed information about the Company and the risk factors that may affect the realization of the forward-looking statements is set forth in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K and its Quarterly Reports. on Form 10-Q. . Investors and security holders are encouraged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.
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