CPI Aero appoints Dorith Hakim to its Board of Directors as CEO

– USA, NY –  CPI Aerostructures, Inc. (NYSE American: CVU) today announced the appointment of Dorith Hakim to its Board of Directors as President and CEO, effective immediately, replacing Doug McCrosson who is leaving the Company.

About Dorith Hakim

Dorith Hakim has diverse and extensive experience in the aerospace industry. Most recently, she served as Group VP of Parker Hannifin Aerospace where she directed global supply chain for 11 divisions, 25 manufacturing sites, and two joint ventures, and was accountable for $1.9 billion of spending. Before joining Parker Hannifin, Ms. Hakim was at Triumph Group first as VP, Corporate Program Management and Operations Excellence where she was responsible for implementing best practices in program management, delivery, and quality performance as well as continuous improvement for four divisions and before that as VP, Program Management Precision Components, responsible for major programs within seven operating companies and 22 sites, overseeing delivery and quality performance, proposal estimating, and customer contract negotiations.

Before her tenure at Triumph Group, Ms. Hakim was Director of Aftermarket Operations at Sikorsky Aircraft, Inc. where she directed overhaul and repair facilities, customer service, order management, material forecasting, forward stocking locations and material delivery functions supporting aircraft after delivery. In addition, she served as President and GM of Sikorsky Global Helicopters, Inc. where she managed fully integrated profit and loss including operations, continuous improvement, engineering, supply chain, facilities, health and safety, finance, and human resources to support the final assembly and flight operations for the S-92®, S-76® and light helicopter product lines and managed the completion center for all Sikorsky commercial aircraft.

Ms. Hakim also served in a number of capacities at Bell Helicopter for over 21 years including as a Program Director of helicopter product lines and as a Director of strategic sourcing and supply chain management.

Ms. Hakim earned an Executive Master of Business Administration from Texas Christian University and a Bachelor of Arts, Business Administration and Finance from H.E.C. at the University of Montreal. She is certified as Six Sigma Black Belt and has received several executive leadership certifications.

About CPI Aero

CPI Aero is a U.S. manufacturer of structural assemblies for fixed-wing aircraft, helicopters and airborne Intelligence Surveillance and Reconnaissance and Electronic Warfare pod systems, primarily for national security markets. Within the global aerostructure supply chain, CPI Aero is either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI also is a prime contractor to the U.S. Department of Defense, primarily the Air Force. In conjunction with its assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services. CPI Aero is included in the Russell Microcap Index.

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

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