Red Cat Terminates Chief Revenue Officer Who Then Files Lawsuit

Red Cat Holdings, Inc. has terminated its Chief Revenue Officer, Geoffrey Hitchcock, for cause, effective July 23, 2026. Following the termination notice, Mr. Hitchcock filed a civil complaint against the company alleging retaliatory termination and breach of contract. The company states it believes the claims are without merit and will defend itself vigorously.

Key Details

• Termination: The Board of Directors terminated CRO Geoffrey Hitchcock for cause on July 17, 2026, with the termination effective July 23, 2026. Due to the for-cause determination, he is not entitled to severance or equity award acceleration.
• Litigation: On July 21, 2026, Mr. Hitchcock filed a lawsuit against the company alleging retaliatory termination, breach of contract, and seeking unspecified compensatory damages.
• Company Response: Red Cat believes the claims are without merit, intends to defend itself vigorously, and is evaluating potential counterclaims.