Sidus Space Appoints Bill White as Chief Financial Officer

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Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, announced the appointment of Bill White as Chief Financial Officer, effective February 20, 2024.

Mr. White will oversee the Company’s accounting, financial planning, capital raise, treasury, legal and regulatory functions.  Mr. White has more than 30 years of experience in financial management, operations, and business development. He most recently served as Chief Financial Officer of ProPhase Labs, Inc. (Nasdaq: PRPH) and prior to ProPhase he was CFO, treasurer, and secretary of Intellicheck, Inc., a technology company listed on the NasdaqGM. Mr. White has broad domestic and international experience including managing rapid and significant growth, import/export, implementing tough cost management initiatives, exploiting new growth opportunities, mergers and acquisitions, strategic planning, resource allocation, tax compliance and organization development.

“Bill’s deep experience as a public company executive alongside his remarkable proficiency in capital markets and M&A, aligns perfectly with the current stage of Sidus’ growth,” said Carol Craig, Chief Executive Officer of Sidus.

“I am honored to serve Sidus at this critical time in its growth and evolution and am excited to work with Carol and the management team to capitalize upon the growth opportunities ahead and deliver long-term value for shareholders,” said Bill White, incoming Chief Financial Officer.  

Teresa Burchfield has confirmed her intention to step down as Chief Financial Officer after two years with the Company. Burchfield will remain with the Company, serving in an advisory role, to assist White with the transition. 

Craig added, “I have enjoyed working with Teresa and, during her tenure as chief financial officer at the Company, she has made innumerable and invaluable contributions to its success and growth. On behalf of the Board and the entire Sidus team, I’d like to thank Teresa for her valuable contributions and for laying the groundwork for our continued growth in the public and space sectors.”

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