CPI Aerostructures Appoints Robert Mannix as Chief Financial Officer
CPI Aerostructures (NYSE American: CVU) appointed Robert Mannix as Chief Financial Officer effective Dec. 9, 2025.
Rhea-AI Summary
CPI Aerostructures (NYSE American: CVU) appointed Robert Mannix as Chief Financial Officer effective Dec. 9, 2025. Mannix brings over 30 years of finance experience covering accounting, reporting, audit, compliance, treasury, tax, and FP&A.
Pamela Levesque will step down as Interim CFO and remain on CPI Aero’s Board of Directors. Mannix's prior roles include Executive VP/Chief Accounting Officer at West Technology Group, SVP and Corporate Controller at Verint, senior finance roles at Motorola, and audit experience at Ernst & Young. He is a CPA and holds a bachelor’s in accounting from Pace University.
Positive
- Appointed seasoned CFO with 30+ years of finance leadership
- New CFO held global financial operations role at West Technology Group
- Interim CFO Pamela Levesque will remain on the board, supporting continuity
Negative
- None.
Details
News Market Reaction – CVU
In the Dec 10 session, CVU gained 0.32%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- CFO base salary
- $300,000
- Annual base salary for new CFO per 8-K on Dec 09, 2025
- Target bonus
- 40% of base salary
- Annual cash bonus target beginning fiscal 2026
- Equity incentive target
- 40% of base salary
- Long-term equity incentives from fiscal 2026, time and performance-based
- Severance duration
- 52 weeks
- Salary continuation if terminated without cause under severance agreement
- Change-in-control multiple
- 1.5x prior-year base salary
- Cash component if terminated within 18 months after change in control
- Q3 2025 revenue
- $19,269,102
- Quarter ended Sept 30, 2025 per 10-Q filed Nov 13, 2025
- Q3 2025 gross margin
- 22.3%
- Improved quarterly margin versus prior year per 10-Q
- Total backlog
- $508,963,000
- Backlog as of Sept 30, 2025, including $100,051,000 funded
Historical Context
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CEO named to Aerospace Industry Association Executive Committee, enhancing industry profile.
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Raytheon Lot 5 NGJ-MB order with funding up to $42.3M supporting 2027 deliveries.
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Q3 2025 results with steady revenue, better margins, strong backlog and positive price reaction.
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Section 401(d) statement addressing unusual trading; no undisclosed material developments cited.
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Single-source firm fixed price order from Raytheon for missile wing assemblies starting 2026.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
MRO technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
EDGEWOOD, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that it has appointed Robert Mannix to the position of Chief Financial Officer. Pamela Levesque, Interim Chief Financial Officer, will step down but will remain on CPI Aero’s Board of Directors.
Mr. Mannix has over 30 years of experience in all aspects of financial operations at publicly-traded companies including accounting, financial reporting, audit and compliance, treasury, tax, and financial planning and analysis.
Prior to joining CPI Aero, Mr. Mannix served as Executive VP, Chief Accounting Officer, and Head of Tax & Treasury at West Technology Group, a global leader in technology-enabled services based in Islandia, NY, where he was responsible for global financial operations. Prior to that Mr. Mannix served as SVP and Corporate Controller of Verint Systems where he directed accounting, compliance, and financial functions. Earlier in his career, he held various senior finance roles at Motorola.
Mr. Mannix began his career at Ernst & Young, leading audit and advisory engagements across multiple industries including the aerospace and defense and manufacturing. Mr. Mannix is a CPA in New York State and holds a bachelor’s degree in accounting from Pace University.
“The appointment of Robert Mannix brings seasoned leadership to our Finance Team and proven management of financial operations, while augmenting CPI Aero's experienced leadership team. We look forward to his contributions to ensuring CPI Aero has best-in-class financial operations and disciplines,” said Dorith Hakim, President and CEO. “I want to personally thank Pamela Levesque for stepping in as Interim Chief Financial Officer, a testament to her dedication to the company, and I am grateful that she will continue to provide us with valuable guidance as a member of CPI Aero’s Board of Directors.”
About CPI Aero
CPI Aero is a prime contractor to the U.S. Department of Defense as well as a Tier 1 subcontractor to some of the largest aerospace and defense contractors in the world. CPI Aero provides engineering, program management, supply chain management, assembly operations and MRO services to this global network of customers. CPI Aero is recognized as a leader within the international aerospace market in such areas as aircraft structural assemblies, military advanced tactical pod structures, engine air inlets, and complex welded products. CPI Aero’s international customer base enjoys a unique combination of large-company capabilities, matched with small-company value, responsiveness, and personal customer service.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included or incorporated in this press release are forward-looking statements.. The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements.
Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements. There are a number of important factors that could cause the Company’s actual results to differ materially from those indicated or implied by its forward-looking statements, including those important factors set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the period ended December 31, 2024 filed with the Securities and Exchange Commission. Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statements and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
CPI Aero® is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on Twitter @CPIAERO.
| Contacts: | |
| Investor Relations Counsel Alliance Advisors IR Jody Burfening (212) 838-3777 cpiaero@allianceadvisors.com | CPI Aerostructures, Inc. Robert Mannix Chief Financial Officer (631) 586-5200 rmannix@cpiaero.com www.cpiaero.com |
FAQ
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