BUZZ-BigBear.ai up after appointing new CEO

Reuters

01-16

BUZZ-BigBear.ai up after appointing new CEO

** 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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