Resolute Holdings appoints two independent directors to board

Resolute Holdings Management, Inc. (NASDAQ: RHLD) announced the appointment of Wayne M. Hewett and Timothy O. Mahoney as independent directors to its board of directors, according to a press release.

Hewett currently serves as a director on the boards of Home Depot since 2014, Wells Fargo & Company since 2019, and United Parcel Services, Inc. since 2020. He has served as a senior advisor to Permira, a global private equity firm, since 2018. From 2015 to 2017, Hewett served as Chief Executive Officer of Klöckner Pentaplast Group. He previously held executive roles at General Electric Company for over 20 years, including membership on GE's Corporate Executive Council. Hewett earned bachelor's and master's degrees in Industrial Engineering from Stanford University.

Mahoney brings aerospace and defense experience from his roles at Honeywell International, Inc., where he served as Senior Vice President of Digital Transformation from 2019 to 2022 and Chief Executive Officer of Honeywell Aerospace from 2009 to 2019. Prior to Honeywell, he spent 18 years at Sikorsky Aircraft in various leadership positions. Mahoney earned a bachelor's degree in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.

Resolute Holdings is an alternative asset management platform that provides operating management services to CompoSecure Holdings, a wholly owned subsidiary of CompoSecure, Inc. (NASDAQ: CMPO). The company is led by Executive Chairman David Cote and Chief Executive Officer Tom Knott.

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