AeroVironment, Inc. Announces Change to Board of Directors
July 27 2023 - 3:10PM
Business Wire
Board Member Catharine Merigold to Resign at
End of Current Term
AeroVironment, Inc. (NASDAQ: AVAV) announced today that
Catharine Merigold has decided to resign from AeroVironment’s board
of directors and not stand for re-election at the company’s 2023
Annual Meeting of Stockholders, at which her term will end.
Merigold was first appointed to the company’s board in 2015 and
serves on the Audit Committee and Compensation Committee.
“We thank Catharine for her many years of dedicated service,
effective governance, and timely insights. Her background in
executive leadership and venture capital for high growth businesses
proved invaluable as we embarked on multiple organic and inorganic
growth initiatives during her tenure,” said Wahid Nawabi,
AeroVironment’s chairman, president and chief executive officer.
“We appreciate her many contributions and wish her well in her
future endeavors.”
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) 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, visit www.avinc.com.
SAFE HARBOR STATEMENT
Certain statements in this press release may constitute
"forward-looking statements" as that term is defined in the Private
Securities Litigation Reform Act of 1995. These statements are made
on the basis of current expectations, forecasts and assumptions
that involve risks and uncertainties, including, but not limited
to, economic, competitive, governmental and technological factors
outside of our control, that may cause our business, strategy or
actual results to differ materially from those expressed or
implied. Factors that could cause actual results to differ
materially from the forward-looking statements include, but are not
limited to, our ability to perform under existing contracts and
obtain additional contracts; changes in the regulatory environment;
the activities of competitors; failure of the markets in which we
operate to grow; failure to expand into new markets; failure to
develop new products or integrate new technology with current
products; and general economic and business conditions in the
United States and elsewhere in the world. For a further list and
description of such risks and uncertainties, see the reports we
file with the Securities and Exchange Commission. We do not intend,
and undertake no obligation, to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230727143149/en/
Jonah Teeter-Balin +1 (805) 520-8350 x4278
https://investor.avinc.com/contact-us
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