Resolute Holdings Appoints Two New Independent Directors to Board

Resolute Holdings Management has appointed two new independent directors to its Board: Wayne M. Hewett and Timothy O. Mahoney. Hewett has experience as a director on Home Depot's and Wells Fargo's boards, while Mahoney has leadership and financial expertise. The appointments aim to drive long-term value creation for Resolute Holdings and its shareholders.

New York, July 2, 2025 — Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD) has enhanced its Board of Directors by appointing two new independent directors: Wayne M. Hewett and Timothy O. Mahoney. This strategic move aims to bolster the company's governance structure and drive long-term value creation for shareholders.

Wayne M. Hewett, a seasoned executive leader, brings extensive board experience. He currently serves as a director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Hewett has also held leadership roles at various companies, including GE, where he served for over 20 years. He earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University. His appointment underscores Resolute Holdings' commitment to leveraging top-tier leadership for strategic decision-making.

Timothy O. Mahoney, a highly experienced aerospace and defense executive, brings a breadth of operating capabilities. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, and Chief Executive Officer of Honeywell Aerospace from 2009 to 2019. Prior to Honeywell, Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. His appointment aligns with Resolute Holdings' strategy to enhance its governance structure and drive long-term shareholder value.

The appointments of Hewett and Mahoney are part of Resolute Holdings' ongoing efforts to strengthen its Board and align with its strategic objectives. Both directors bring substantial financial, operating, and leadership capabilities to the board, which will be instrumental in guiding the company's growth and profitability.

Resolute Holdings is an alternative asset management platform led by David Cote and Tom Knott. The company provides operating management services, including oversight of capital allocation strategy, operational practices, and M&A sourcing and execution, to its managed businesses. For additional information on Resolute Holdings, please refer to its filings with the U.S. Securities and Exchange Commission or visit www.resoluteholdings.com.

References:
[1] https://www.marketscreener.com/quote/stock/RESOLUTE-HOLDINGS-MANAGEM-183353949/news/Resolute-Holdings-Enhances-Board-of-Directors-with-the-Appointment-of-Two-Additional-Independent-Dir-50501734/
[2] https://www.stocktitan.net/news/RHLD/resolute-holdings-enhances-board-of-directors-with-the-appointment-p05mmtl4z3sn.html