Park Aerospace Appoints Constantine Petropoulos as Chief Financial Officer

What Happened
On August 12, 2026, Park Aerospace Corp (PKE) announced the appointment of Constantine Petropoulos, age 48, as Senior Vice President and Chief Financial Officer, effective immediately. Mr. Petropoulos has held senior roles at the company since February 2025 (most recently Senior VP and Chief Legal and Capital Markets Officer since Jan 2026) and previously served as the company’s Senior VP and General Counsel (Sept 2014–May 2021). The 8-K states there are no special arrangements, family relationships, or related-party transactions requiring disclosure under Item 404(a) associated with his appointment.

Key Details

• Appointment effective date: August 12, 2026.
• Salary change: annual base salary increased from $357,000 to $425,000, effective Aug 12, 2026.
• Equity grant: stock option to purchase 25,000 shares under the 2018 Stock Option Plan; exercise price $37.47/share; vests 25% on each of the first four anniversaries; 10-year term.
• Background: recent roles include Senior VP & Chief Legal and Capital Markets Officer (Jan 2026–Aug 2026), SVP‑Administration & General Counsel (Feb 2025–Jan 2026), prior partner at Hughes Hubbard & Reed (May 2021–Jul 2024), and earlier in-house legal leadership at Park Aerospace (2014–2021).

Why It Matters
This 8-K informs investors that Park Aerospace has named a permanent finance chief with immediate effect and adjusted his compensation and equity incentives. The salary increase and option grant align Mr. Petropoulos’ pay with his new CFO responsibilities and provide a multi-year vesting schedule that ties value to the company’s future stock performance. The filing also notes no related-party concerns, which signals the appointment was made without disclosed conflicts that would require additional disclosure.