Vector has announced that Stephanie Koster will join the team as Chief Financial Officer (CFO) — she brings more than 20 years of extensive experience in domestic and international strategy, finance, and operations across several Fortune 50 and high growth aerospace companies.
As CFO, Koster will lead finance and business operations to enable Vector's dynamic growth. Koster joins Vector from Blue Origin where she spent nearly seven years as Director and Treasurer of its domestic and international affiliates. While at Blue, she oversaw finance and business operations for the consolidated companies. Koster has also held senior leadership roles at The Boeing Company, where she was involved in programs pertaining to its global venture capital, corporate venturing and innovation programs, international M&A, corporate development and technology acquisition.
The appointment of Vector's new CFO follows the company's $70 million Series B funding, which is directly contributing to the expansion of its team. As the company dedicates focus toward its first orbital flight from the Pacific Spaceport Complex-Alaska this year, and continues on its mission towards lowering the barriers of entry to space, Koster will be responsible for ensuring Vector's business operations are aligned with these goals.
Jim Cantrell, CEO and Co-Founder of Vectors, said the company looks to the firm's future and transition from a period of development into full operations — Vector needed someone to guide the firm through this exciting time. Stephanie's proven experience in finance, growth, and strategy for some of the world's largest aerospace companies makes her well-suited to help the company achieve aggressive business goals."
Koster added that over the past several years, she has witnessed Vector quickly join the ranks to make a name for itself among the leaders in the small satellite launch industry. As the company continues to forge ahead, she looks forward to working alongside the team to meet its goals in the most thoughtful and efficient way possible.