AeroVironment appoints Cindy Lewis to its Board of Directors

– USA, VA –  AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the appointment of Cindy Lewis to its board of directors effective August 10, 2021, bringing more than 30 years of experience in delivering high-reliability products and technical solutions to the Aerospace and Defense industry to AeroVironment.

Since 1998, she has served as the CEO of AirBorn Consolidated Holdings, Inc. where she led the transition of the company from a small connector shop to a middle-market electronics company.

“Cindy’s experience in transitioning AirBorn into a global mid-market electronics company will provide a valuable perspective for AeroVironment as we position our portfolio of mission critical solutions for continued top-line growth,” said CEO, Wahid Nawabi. “Her specific experience in technology development and commercialization, high reliability manufacturing, and capital deployment will be especially relevant as we leverage our future-defining capabilities to penetrate new markets and achieve solid financial results.”

Concurrently, the company announced that Arnold Fishman has decided to retire from AeroVironment’s Board of Directors.

“At the same time, we would not be where we are today without Arnold Fishman’s years of dedicated service; Arnold, who was first appointed to the board in 1998, has provided strong governance and invaluable guidance as AeroVironment transitioned from a small privately-held company to the leading high-technology innovator we are today,” added Nawabi. “We thank him for his many contributions and wish him well in his future endeavors.”

About Cindy Lewis

Cindy Lewis is the chairperson, president, and CEO of Airborn Consolidated Holdings, Inc. – a middle-market employee-owned company specializing in high-reliability electronics manufacturing. During her time in these roles since 1998, she developed the company’s growth strategy and successfully transitioned AirBorn into the prosperous middle-market company it is today. Lewis has led AirBorn through multiple refinancing initiatives to fund growth capital investments and acquisitions, which subsequently broadened the company’s capabilities and provided strategic market diversification. She also oversees the company’s Environment, Social, and Governance strategy and leads Diversity, Equity, and Inclusion activities. Separately, Lewis served from 2006 through 2019 in various board and officer roles for the National and Southwest Chapter of the ESOP Association which promotes employee ownership awareness and best practices. She currently serves on the Georgetown, TX Chamber of Commerce Board of Directors. Lewis earned her bachelor’s degree in accounting from the University of Texas at Arlington’s College of Business and completed an Executive Development Program at The Wharton School of the University of Pennsylvania.

About AeroVironment

AeroVironment provides technology solutions at the intersection of robotics, sensors, software analytics, and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government, and commercial customers.

For more information: https://www.avinc.com/

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