Barrett Mooney
About Barrett Mooney
Independent director (Class III) appointed September 2, 2025; term expires at the 2026 Annual Meeting. Age 40, Ph.D. in Engineering (University of Florida). Background includes CEO/Chairman of AgEagle Aerial Systems (2018–2023), co‑founder/CEO of HydroBio (sold to The Climate Corporation in May 2017), AI decision support deployments at CropIn, and leadership roles commercializing AI at The Climate Corporation (Monsanto/Bayer) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| AgEagle Aerial Systems (NYSE American: UAVS) | CEO & Chairman | 2018–2023 | Led public company through acquisitions and transition to public markets |
| HydroBio Inc. | Co‑founder & CEO | Through May 2017 (sale to The Climate Corporation) | Built satellite-driven analytics; strategic exit |
| The Climate Corporation (Monsanto/Bayer) | AI leadership roles | Post‑2017 (after HydroBio sale) | Led teams using AI to enhance crop yields & seed sales efficiency |
| CropIn Technology Solutions | Led AI decision support international deployment | 2023–2024 | Commodity & supply chain AI deployment |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Green Theme Technologies | Chief Operating Officer | Since Jan 2025 | Operations and complex manufacturing leadership |
| Henry James Advisor Services | President | Since Jan 2025 | Strategic advisory leadership |
| Public company boards | None disclosed | — | No current public company directorships disclosed for Mooney |
Board Governance
- Committee assignments: Audit (member) , Nominating & Corporate Governance (member) , Strategy Committee (Chair) .
- Independence: Board determined Mooney is an independent director (with Baucus, Eberts, Burell, Streppa) under Nasdaq standards and Rule 10A‑3(b)(1) .
- Lead Independent Director: F. Samuel Eberts III .
- Board activity: Board held 23 meetings in FY ended March 31, 2025; no director attended fewer than 75% of board/committee meetings (Mooney appointed after FY‑end) .
- Executive sessions and leadership structure: Combined CEO/Chairman model with defined Lead Independent Director responsibilities and regular executive sessions of independent directors .
- Governance policies: Code of Ethics; prohibition on hedging/pledging; clawback policy adopted .
- Special meeting signals: Company reduced quorum threshold to 33⅓% to facilitate action on debenture approvals and reverse split—indicates urgency to execute financing actions .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual cash retainer | $200,000 | For service as director, pro rata for FY ending March 31, 2026 |
| Annual equity (common shares) | $100,000 | Shares under Equity Compensation Plan, pro rata for FY ending March 31, 2026 |
| Committee/Chair fees | Not disclosed | No additional committee chair/member fee disclosures found |
Performance Compensation
| Metric | FY 2026 Plan | Notes |
|---|---|---|
| Performance metrics tied to director compensation (e.g., TSR, revenue, ESG) | Not disclosed | Filings disclose fixed cash and equity; no performance-based director metrics disclosed |
Other Directorships & Interlocks
| Company | Role | Dates | Potential Interlock/Conflict |
|---|---|---|---|
| AgEagle Aerial Systems (UAVS) | CEO & Chairman | 2018–2023 | Not a supplier/customer to DHAI per filings; no interlock disclosed |
| Related‑party transactions | None | — | Appointment 8‑K states no Item 404 related‑party disclosures for Mooney |
Expertise & Qualifications
- AI/ML and data‑driven decision support in supply chain and commodities .
- Complex manufacturing and scaling technology businesses; public market transaction experience .
- Technical credentials: Ph.D. in Engineering (University of Florida) .
Equity Ownership
| Holder | Shares Owned | % of Outstanding | Notes |
|---|---|---|---|
| Barrett Mooney | 0 | <1% | Beneficial ownership table shows no shares as of Oct 6, 2025 . |
| Pledging/Hedging | Prohibited | — | Insider trading policy prohibits hedging and pledging company securities . |
Governance Assessment
-
Strengths:
- Independent director with relevant AI/operations expertise and chairing Strategy during a pivotal capital/liquidity period .
- Board has majority independence, defined Lead Independent Director role, and formal governance policies including hedging/pledging prohibitions and clawback .
-
Watch‑items / red flags:
- Limited personal share ownership at appointment (0 shares), reducing immediate “skin‑in‑the‑game” alignment, though equity retainers are scheduled pro rata .
- Company‑level risk backdrop: going‑concern doubt and multiple Nasdaq deficiency/delisting notices—board oversight of capital structure and disclosures is critical .
- Aggressive financing/dilution mechanics: stockholder approvals to lower base conversion prices, extend discounted investment rights, and reverse split—heightened investor sensitivity to governance and fairness; Strategy Committee leadership requires strong independence and transparency .
- Quorum reduction to 33⅓% to pass critical proposals—expedites action but may be viewed as weakening stockholder protections if not paired with robust engagement .
Overall, Mooney’s operational and AI credentials add useful board skill coverage. Given DHAI’s capital structure stress and listing risk, his Strategy Committee chair role puts emphasis on rigorous conflict screening and communication around financing decisions, dilution implications, and alignment measures (e.g., timely equity grant issuance and compliance with governance policies) .