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NEWTON, Kan. - Park Aerospace Corp. (NYSE:PKE), a $287 million market cap company trading at $14.42, has announced the return of Constantine "Gus" Petropoulos to its executive team as Senior Vice President-Administration and General Counsel. Petropoulos, who has a history with the company, will report directly to Chairman and CEO Brian E. Shore.
Petropoulos is rejoining Park Aerospace after a stint at Hughes, Hubbard & Reed, where he served as a Partner from May 2021 until July 2024. His previous tenure at Park Aerospace spanned from September 2014 to May 2021 in the same role he now returns to. His extensive legal experience includes positions at Scientific Games (NASDAQ:LNW) Corporation, Coca-Cola (NYSE:KO) HBC SA in Greece, and the New York law firm Latham & Watkins.
With a Bachelor of Arts in Economics and Government from Saint Lawrence University and a Juris Doctor degree from the University of Pennsylvania Law School, Petropoulos brings a wealth of knowledge and expertise to Park Aerospace.
CEO Brian Shore expressed confidence in the seamless transition, anticipating that Petropoulos will immediately engage with numerous company matters based on his familiarity with Park Aerospace’s operations.
Park Aerospace Corp. specializes in developing and manufacturing advanced composite materials for the aerospace industry. Its products, such as film adhesives and lightning strike protection materials, are used in a variety of aerospace applications, including jet engines and military aircraft. The company also designs and fabricates composite parts and structures, targeting markets like prototype aircraft and spares for legacy military and civilian aircraft. With revenue of $61.42 million in the last twelve months and a healthy current ratio of 7.55, InvestingPro analysis shows the company holds more cash than debt on its balance sheet. Discover more insights about Park Aerospace and 1,400+ other companies through comprehensive Pro Research Reports available on InvestingPro.
This strategic appointment is expected to strengthen Park Aerospace’s administrative and legal operations as the company continues to serve the aerospace markets with its advanced materials and composites. The information for this article is based on a press release statement from Park Aerospace Corp. and financial data from InvestingPro.
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