Directors have launched a search for a permanent successor while pledging stability across the company’s operations as the transition unfolds.

June 16, 2026

Butler National Corporation, the Olathe, Kansas company traded over the counter under the ticker BUKS, announced on June 15, 2026 that Christopher J. Reedy had stepped down as chief executive officer for health reasons. The change took effect the same day.

Reedy will retain his board seat for the rest of his current term and will support the company in an advisory capacity, helping directors and senior managers with transition matters as his health permits.

An Interim Leader Steps In

The board acted quickly, appointing chief financial officer Adam Sefchick as interim chief executive, effective immediately. Sefchick will carry both responsibilities for now, continuing to manage the company’s finances while overseeing daily operations.

Executive Chairman Jeff Yowell thanked Reedy for his years of service and credited him with contributing to the company’s growth, noting that the board was glad he would stay involved through the handover. Yowell described Sefchick as an established member of the leadership team who has worked closely with Reedy, the board, and the company’s operating heads, and said he was confident that Sefchick and the wider management group would keep the business steady. He cited positive momentum across operations and said he would work directly with Sefchick and other executives to keep the transition smooth and strategic plans on track.

A Search Begins

Joe Daly, lead independent director and chair of the nominating and governance committee, said the board would start searching for a permanent chief executive right away. He characterized the effort as careful and deliberate, aimed at finding a leader able to build on the company’s foundation and create long-term value for shareholders, and he said directors would remain closely engaged throughout the process.

Reflections From the Outgoing and Incoming Executives

Reedy said it had been a privilege to lead the company. Although his health prompted him to step back from daily duties, he said he intended to help ensure a successful handoff, adding that he was proud of the team’s work and believed the company was positioned for continued success.

Sefchick said he valued the board’s confidence and planned to work alongside Yowell, Reedy, and the rest of the leadership team to manage an orderly transition, maintain customer service, and execute the company’s priorities.