CPS Technologies Announces the Appointment of James Cavoli to its Board of Directors
CPS Technologies (NASDAQ:CPSH) has appointed I. James Cavoli to its Board of Directors. Cavoli currently serves as president of Swagelok Company, where he grew the company's market cap by 75% during his tenure. He previously held positions as chief operating officer and vice president at Swagelok, and has extensive experience including roles at Ford Motor Company, Progressive Insurance, and service as a U.S. Army captain.
Cavoli brings expertise in strategy, transformation, growth, and international business, with functional experience in operations, finance, and marketing. Chairman Frank Hughes highlighted that attracting someone of Cavoli's caliber demonstrates CPS's culture of innovation and future growth potential.
CPS Technologies (NASDAQ:CPSH) ha nominato I. James Cavoli nel suo Consiglio di Amministrazione. Cavoli attualmente ricopre il ruolo di presidente della Swagelok Company, dove ha aumentato la capitalizzazione di mercato dell'azienda del 75% durante il suo mandato. In precedenza ha ricoperto posizioni come chief operating officer e vice presidente presso Swagelok, e ha un'ampia esperienza che include ruoli presso Ford Motor Company, Progressive Insurance e servizio come capitano nell'Esercito degli Stati Uniti.
Cavoli porta con sé competenze in strategia, trasformazione, crescita e affari internazionali, con esperienza funzionale in operazioni, finanza e marketing. Il presidente Frank Hughes ha sottolineato che attrarre qualcuno del calibro di Cavoli dimostra la cultura di innovazione di CPS e il potenziale di crescita futura.
CPS Technologies (NASDAQ:CPSH) ha designado a I. James Cavoli para su Junta Directiva. Cavoli actualmente se desempeña como presidente de Swagelok Company, donde hizo crecer la capitalización de mercado de la compañía un 75% durante su mandato. Anteriormente ocupó cargos como director de operaciones y vicepresidente en Swagelok, y cuenta con una amplia experiencia que incluye roles en Ford Motor Company, Progressive Insurance y servicio como capitán en el Ejército de los EE. UU.
Cavoli aporta conocimientos en estrategia, transformación, crecimiento y negocios internacionales, con experiencia funcional en operaciones, finanzas y marketing. El presidente Frank Hughes destacó que atraer a una persona del calibre de Cavoli demuestra la cultura de innovación de CPS y su potencial de crecimiento futuro.
CPS Technologies (NASDAQ:CPSH)는 I. James Cavoli를 이사회에 임명했습니다. Cavoli는 현재 Swagelok Company의 회장으로 재직 중이며, 그의 재임 기간 동안 회사의 시장 가치를 75% 성장시켰습니다. 그는 Swagelok에서 COO와 부사장으로도 근무했으며, Ford Motor Company, Progressive Insurance, 그리고 미국 육군 대위로서의 경력을 포함하여 폭넓은 경험을 보유하고 있습니다.
Cavoli는 전략, 혁신, 성장 및 국제 비즈니스 분야의 전문성을 갖추고 있으며, 운영, 재무 및 마케팅 분야에서도 기능적인 경험을 가지고 있습니다. 회장 Frank Hughes는 Cavoli와 같은 인재를 유치하는 것이 CPS의 혁신 문화와 미래 성장 잠재력을 나타낸다고 강조했습니다.
CPS Technologies (NASDAQ:CPSH) a nommé I. James Cavoli au sein de son Conseil d'Administration. Cavoli est actuellement président de Swagelok Company, où il a augmenté la capitalisation boursière de l'entreprise de 75% pendant son mandat. Il a précédemment occupé des postes de directeur des opérations et de vice-président chez Swagelok, et possède une vaste expérience, y compris des rôles chez Ford Motor Company, Progressive Insurance, et en tant que capitaine de l'Armée américaine.
Cavoli apporte son expertise en stratégie, transformation, croissance et affaires internationales, avec une expérience fonctionnelle en opérations, finance et marketing. Le président Frank Hughes a souligné que l'attraction d'une personne du calibre de Cavoli démontre la culture d'innovation de CPS et son potentiel de croissance future.
CPS Technologies (NASDAQ:CPSH) hat I. James Cavoli in seinen Vorstand berufen. Cavoli ist derzeit Präsident der Swagelok Company, wo er die Marktkapitalisierung des Unternehmens während seiner Amtszeit um 75% gesteigert hat. Zuvor hatte er Positionen als Chief Operating Officer und Vizepräsident bei Swagelok inne und bringt umfangreiche Erfahrungen aus seinen Tätigkeiten bei Ford Motor Company, Progressive Insurance sowie als Hauptmann der U.S. Army mit.
Cavoli bringt Expertise in Strategie, Transformation, Wachstum und internationalem Geschäft mit, ergänzt durch funktionale Erfahrungen in den Bereichen Betrieb, Finanzen und Marketing. Vorsitzender Frank Hughes betonte, dass die Gewinnung einer Person wie Cavoli die Innovationskultur von CPS und das zukünftige Wachstumspotenzial verdeutlicht.
- Appointment of experienced executive with proven track record (75% market cap growth at Swagelok)
- Addition of strategic expertise in operations, finance, and international business
- Strengthening of board leadership with diverse industry experience
- None.
NORTON, Mass., Dec. 05, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) (“CPS” or the “Company”) today announced the appointment of I. James Cavoli to its Board of Directors. Jim currently serves as president of Swagelok Company, a worldwide manufacturer of fluid system components and engineered assemblies. Jim was appointed chief operating officer of Swagelok Company in 2020 and named president in 2021. During his tenure as president, Jim grew the company’s market cap by
"We are delighted to welcome Jim to the Company's Board of Directors," said Frank Hughes, Chairman. "Jim is a remarkable leader bringing a broad array of relevant skills and experiences that will help the board guide the company forward. These include strategy, transformation, growth and international business, in functional areas including operations, finance, and marketing, for both large and small enterprises. The fact that the Company was able to attract someone of Jim’s stature is an indication of our remarkable internal culture of innovation and of building people; it is also an indication of the future growth potential of CPS.”
About CPS
CPS is a technology and manufacturing leader in producing high-performance materials solutions for its customers. The company’s products and intellectual property address critical needs in a variety of applications, including electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, Navy ships, the smart electric grid, 5G infrastructure and others. CPS hermetic packages can be found in many Aerospace and Satellite applications. CPS’ armor products provide exceptional ballistic protection and environmental durability at very light weight. CPS is committed to innovation and to supporting our customers in building solutions for the transition to clean energy.
Safe Harbor
Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2024 and 2025 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward-looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
CPS Technologies Corporation
111 South Worcester Street
Norton, MA 02766
www.cpstechnologysolutions.com
Investor Relations:
Chris Witty
646-438-9385
cwitty@darrowir.com
FAQ
Who is the new board member appointed to CPS Technologies (CPSH)?
What is James Cavoli's track record at Swagelok before joining CPSH board?
What experience does the new CPSH board member bring to the company?
