– USA, NY – CPI Aerostructures, Inc. (NYSE: CVU) today announced the appointment of Richard Caswell to its Board of Directors, effective November 4, 2020.
He was also appointed Chairperson of the Audit and Finance Committee.
“With his background in financial leadership at one of the world’s largest aerospace companies, Richard brings valuable and timely expertise to CPI Aero’s Board of Directors. We welcome the contributions, insights and guidance he will provide the Board and our management team,” said Terry Stinson, Chairman of CPI Aero.
About Rick Caswell
Mr. Caswell is a finance and accounting executive who possesses extensive experience in financial management, including government contracting, financial planning and analysis, accounting, mergers & acquisitions, and taxation. He retired after 22 years at United Technologies Corporation where he served, in his latest role, as VP, Finance and CFO for the Power, Controls, and Sensing System segment of United Technologies Aerospace Services. Previously, he served as VP, Finance, and CFO of two units of United Technologies Corporation — Sikorsky Aircraft and Pratt & Whitney Canada.
Mr. Caswell began his career at Price Waterhouse where he was a certified public accountant.
He received a Bachelor of Arts degree in Economics from Alfred University and a Master of Science degree in Accounting from Syracuse University.
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: http://www.cpiaero.com/
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