Horizon Aircraft Appoints Tom Hearne to Board of Directors as Audit Committee Chair
Why It MattersThe governance change signals eVTOL developers are building out board-level financial and capital-markets expertise as programs like the Cavorite X7 move toward certification.
Horizon Aircraft (Nasdaq: HOVR), a Canadian aerospace company developing a hybrid-electric VTOL aircraft, has appointed Tom Hearne to its Board of Directors and named him Chair of the Board's Audit Committee, effective immediately. He succeeds Trisha Nomura, who resigned from the Board and the Audit Committee Chair role effective September 4, 2026, citing personal reasons; the company stated her departure was not related to any disagreement over operations, policies, financial reporting, or other matters, and she will remain available in a support and advisory capacity.
Hearne brings more than 30 years of experience as a senior executive and board member at public and private technology companies, spanning financial management, capital markets, corporate governance, and strategic transactions, and has been involved in financings totalling more than $500 million over his career. He currently serves as CEO and a director of ARB Labs, an artificial intelligence technology company focused on the gaming industry, and also sits on the board of publicly traded Enthusiast Gaming Holdings, where he chairs both audit committees.
Co-Founder and CEO Brandon Robinson said Hearne's governance, financial leadership, and capital markets expertise are particularly relevant as Horizon Aircraft advances its Cavorite X7 aircraft through manufacturing, testing, certification, and commercialization.
