Intuitive Machines COO Pete McGrath to transition to CFO

Intuitive Machines announced that effective September 16, 2024, Pete McGrath will transition from his current role of Senior Vice President, COO into the role of Senior Vice President and CFO. Steven Vontur will transition from serving as the Company’s Interim CFO to Chief Accounting Officer and Controller, and Jack Fischer will transition to Senior Vice President, Production and Operations. McGrath joined the Company in 2020 and is an accomplished executive with a background in finance and more than 35 years in the aerospace and defense industry. In his new role as Senior Vice President and CFO, Mr. McGrath will continue to focus on executing the long-term vision and strategy of the Company as he leads the finance organization. Vontur joined the Company in 2022 as Controller and has played a key role in taking the Company public and building out the Accounting and Finance team. As the Chief Accounting Officer and Controller, Mr. Vontur will remain responsible for ensuring the overall integrity and efficiency of the accounting, reporting, and financial control functions and will be responsible for the tax affairs. Fischer joined Intuitive Machines in 2021. In his new role as Senior Vice President, Production and Operations, he will be responsible for assembling and galvanizing a team of experts to meet the ever-increasing demands of providing space infrastructure and services.