Telos Board Appoints Executive Vice President Mark Griffin as CEO; John B. Wood to Serve as Executive Chairman
Telos names EVP Mark Griffin CEO; John B. Wood, CEO since 1994, becomes Executive Chairman; Q3 results due Nov 9.
What this release says
Telos has named Executive Vice President Mark Griffin as its new Chief Executive Officer, effective immediately, replacing John B. Wood, who moves to Executive Chairman. For shareholders, this is a change in who runs day-to-day operations, with Wood staying on as Chairman to advise on product roadmap and long-term sales strategy. The release also says third quarter 2026 results will be reported on November 9, 2026.
Key figures
- Wood's tenure as CEO
- Since 1994
- Griffin's years at Telos
- Joined in 1984
- Griffin's executive experience
- More than 30 years
- Third quarter results date
- November 9, 2026
- Webcast time
- 9:30 a.m. ET
Positive for shareholders
- The release credits Griffin's leadership with contributing to recent growth and improved operational efficiency and profitability.
- Wood remains Chairman and will advise the company, which the Board says provides continuity during the transition.
Negative for shareholders
- The leadership change takes effect immediately, leaving a new CEO to steer the company into its next phase.
- Investors will not see the first results under the new CEO until the third quarter report on November 9, 2026.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Executive Chairman:
- A board role where the chairman, here a former CEO, stays on to advise the company while no longer running daily operations.
- Intellectual property portfolio:
- The collection of patents, trademarks, software and other proprietary assets a company owns and controls.
- Forward-looking statements:
- Statements about expected future events or results, which carry risk and may turn out differently from what is described.
FAQ
Who is now running Telos?
Mark Griffin was appointed Chief Executive Officer effective November 2, 2026, succeeding John B. Wood, who became Executive Chairman on the same date.
What is John B. Wood's role going forward?
Wood remains Chairman of the Board and will step away from day-to-day operations, advising the company on its product roadmap and long-term sales strategy.
When will Telos report its next financial results?
Telos will report its third quarter 2026 financial results on Monday, November 9, 2026, with a webcast at 9:30 a.m. ET.
Historical context for TLS
Across the 28 sessions after earlier TLS headlines, the stock closed higher 18 times and lower 10 times, with a median move of 2.9% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | TLS | SPY |
|---|---|---|---|
| Oct 26, 2026 | Telos Corporation to Announce Third Quarter 2026 Financial Results on November 9, 2026 | +7.2% | +0.7% |
| Oct 5, 2026 | Telos Secures $13.5 Million Contract to Continue Support of Air Force Intelligence Community Cyber Operations | +5.7% | +0.7% |
| Oct 1, 2026 | Telos Corporation Wins New Xacta Contract with U.S. Department of Commerce Office of Inspector General | +3.9% | +0.2% |
| Sep 28, 2026 | Telos Corporation Awarded $13.7 Million Contract to Modernize Cyber Risk Management for U.S. Department of Health and Human Services | +0.5% | -0.7% |
| Sep 11, 2026 | Telos Corporation downgraded by Wedbush with a new price target | -15.6% | +0.9% |
| Sep 8, 2026 | Telos Corporation Expands Cyber Risk Management Support for the National Archives and Records Administration | -2.9% | -0.5% |
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 2020
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