Sierra Space CEO Tom Vice Retires After 3.5 Years

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Sierra Space CEO Tom Vice Retires After 3.5 Years
SIERRA SPACEDREAM CHASERSPACEPLANE
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Tom Vice, CEO of Sierra Space, has stepped down after three and a half years at the helm. The company, known for its Dream Chaser spaceplane, has faced delays in launching the vehicle. Fatih Ozmen will serve as interim CEO.

Sierra Space CEO Tom Vice left the company at the end of 2024 after three and a half years in the role.The company's Dream Chaser spaceplane was supposed to debut as early as 2021, but delays mean the vehicle has yet to launch.In a statement, Sierra Space said Vice retired on Dec. 31. Chairman Fatih Ozmen will serve as interim CEO , with Eren Ozmen as president.

'After three and half years in the role, Tom Vice has retired as Sierra Space CEO as of the end of 2024 - we thank him for his leadership and wish him well in his retirement,' a Sierra Space spokesperson said in a statement.Spun out of aerospace contractor Sierra Nevada Corporation (SNC) in 2021, Sierra is one of the most valuable private U.S. companies in the burgeoning space sector, most recently. But Sierra Space has struggled to launch the first mission of its reusable cargo spaceplane called Dream Chaser, which is key to the company establishing itself as a major player in the industry.Jeff Bezos believes his space company Blue Origin will be bigger than $2 trillion Amazon Vice was named CEO of Sierra Space in 2021, a few months after SNC owners Fatih and Eren Ozmen spun out the company — with investors including General Atlantic, Coatue, BlackRock and AE Industrial Partners. Vice was previously theSocial Security Fairness Act brings retirement changes for nearly 3 million public pensioners. Here's what that means for retirees The first Dream Chaser vehicle was supposed to debut by 2021. But even last year, the spaceplane named'Tenacity' was not ready when United Launch Alliance's Vulcan rocket, its ride to space, Dream Chaser has won NASA contracts to fly seven cargo missions to and from the International Space Station. Sierra Space said Tenacity is targeting a launch no earlier than May.during Vice's tenure, as well as turnover in a number of senior executive roles. But Vice spoke repeatedly last year ofweathe

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