Read more here. Wahid's mailing address filed with the SEC is 241 18TH STREET SOUTH, SUITE #415, ARLINGTON, VA, 22202. AeroVironment combines the innovation, creativity, and empowerment of start-ups with the stability and resources of a well-established company. AeroVironmentprovides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Prior to his current role, Wahid served as President and Chief Operating Officer of the company, where he managed all aspects of AeroVironment's two business segments. Prior to joining AeroVironment, Brett was a Vice President at Teledyne Technologies. Previously, Mr. Nawabi served as our President and Chief Operating Officer from January 2016 to May 2016 and as Senior Vice President and Chief Operating Officer from April 2015 to January 2016. Starting in 2015, as the first small UAS Product Line Director, Brian managed product strategy and the investment portfolio for AeroVironments family of small UAS, including Puma, Raven, Wasp, and other unmanned aircraft. Mike started his career at McDonnell Douglas/Boeing and held various engineering and program management positions in both the commercial and military programs. Prior to joining the company, Mr. Nawabi served as Vice President, Global Sales of Altergy Systems, a designer and manufacturer of fuel cell power systems, from March 2010 through November 2011, and as Vice President, Americas, and Vice President, Global Sales for C&D Technologies, a producer and marketer of electrical power storage and conversion products, from February 2009 through March 2010. For Wahid Nawabi, the reasons are both technical and biographical. NAWABI:Ill just give you some of the most important reasons. We would have stopped the Russians on its tracks right at the beginning. He also was responsible for the integration efforts of any Merger or Acquisition and for the strategic and tactical execution of the UAS P&L. Wahid Nawabi is 51, he's been the President, Chief Executive Officer, and Director of AeroVironment since 2016. He has also successfully completed multiple executive management and leadership training programs. Its a loitering missile. They use it for force structures bigger than companies, for primarily ISR, but also for target acquisition. Insiders at AeroVironment own 1.8% of the company. We actually deployed our team to be able to go and train them. at Loyola Law School and graduated cum laude with a Bachelor of Arts degree in Business Administration from Loyola Marymount University. Learn More about Wahid Nawabi's net worth. Now He's Sending Drones to Ukraine to Beat Back the Russian Invasion. Charlie Dean joined AeroVironment in 2021 as the companys Vice President of Global Business Development, Sales and Marketing. NAWABI:Thats another advantage. The oldest executive at AeroVironment Inc. is Stephen Page, 80, who is the Independent Director. Executive Gov provides you with Free Daily Updates and News Briefings about Executive Moves, Receive the Daily News Briefing And Events Updates Straight to Your Inbox. He says AeroVironment is a great place to work because:AeroVironment is an exciting and dynamic place to work, where creativity and innovation are embraced. Wahid Nawabi is 51, he's been the President, Chief Executive Officer, and Director of AeroVironment since 2016. Teamwork is tremendous and our people are driven by passion to achieve awe-inspiring results.". 7 Muh idris X1 MENGGAMBAR. On behalf of AeroVironments Board of Directors, I thank Tim for his vision, determination and guidance. Over the last 16 years, insiders at AeroVironment have traded over $139,920,012 worth of AeroVironment stock and bought 55,000 units worth $1,015,621 Scott led advanced UAS development activities including establishing high volume SUAS manufacturing capability at AeroVironment. Wahid earned his bachelors degree in Electrical Engineering from The University of Maryland at College Park. Scott Newbern has served as the Vice President and Chief Technology Officer of AeroVironment since December of 2018. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? He was appointed as Chairman of the Board of Directors in September 2021. I enjoy the constant challenge of the variety of work I do and learning something new every day - no day for me at AV is like any other. IUS:WHAT LEVEL OF TRAINING IS NEEDED FOR EITHER SWITCHBLADE? As the President, Chief Executive Officer, and Director of AeroVironment, the total compensation of Wahid Nawabi at AeroVironment is $3,056,940. The smaller Switchblade 300 is rucksack-portable. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. Mr. Nawabi earned a salary of $632,319.00, a bonus of $199,080.00, stock awards of $1,333,024.00, non-equity compensation of $336,433.00, and other compensation of $23,917.00. That tradition continues in high gear today.. This net worth approximation does not reflect any other assets that Mr. Nawabi may own. Even Switchblade 600 is man-portable, so people can carry it in the back of a pickup truck, take it out in a matter of minutes, and set up and basically launch it. Copyright 2023 Surperformance. He also led business development activities at Draper Laboratory and TIAX where he served as an executive vice president. Breaking Defense: Multi-Domain Operations need the "right" solutions. 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. Hafizullah Nawabi, Nergess Nawabi, Partamin Nawabi, Nasrin Nawabi and Mary Nawabi, and many others are family members and associates of Wahid. Prior to Astro Aerospace, Mike was Sr. Director of Northrop Grummans Navigator business where he led a significant portfolio of military and commercial navigator product lines including the modernization of military Navigators using M-Code GPS. Mike Cross has served as our Vice President and Product Line General Manager, High Altitude Platform Systems (HAPS) Business Unit since 2019, and is responsible for providing industry-leading HAPS products and capabilities for both our commercial and military customers. Get notified the next time Wahid Nawabi buys or sells AeroVironment stock. . VERDEXCHANGE commits to: 1) connecting the green dots to spur growth of the green economy and the use of clean energy while reducing greenhouse gas pollution; 2) offering commercial entrepreneurs, global investors, environmental stewards, and public officials information and a marketplace for continually learning of innovations, opportunities, and public policies that are driving the trillion dollar global energy and climate change marketplace; and 3) spurring growth of the green economy. 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. Not only the UAVs, but also the whole system plus training. Will Others Follow? At AeroVironment, the focus is only on robots - originally drones, and increasingly ground robots and even . Be our fan on Facebook. Prior to joining AeroVironment, Brown served as an associate attorney at K&L Gates LLP in Los Angeles, California and Jennings Strouss and Salmon PLC in Phoenix, Arizona, advising clients on a range of securities transactions, mergers & acquisitions and corporate governance issues. A lot of missions will be done much more effectively. (JavaScript must be enabled to view this email address), U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System to Enter Future Tactical Unmanned Aircraft System (FTUAS) Program Increment 2, Forbes: Ukraines Next-Generation Drone Fleet Is Packed With Upgrades, USA Today: It's hard, but they're holding on': On the ground in Ukraine, the war depends on U.S. weapons, Breaking Defense A Solution Rises for Middle East Nations that Demand Persistent ISR for Border and Maritime Security, Industry Panel Event: How Artificial Intelligence and Autonomy Enable Faster, More Effective Operations at the Contested Tactical Edge, CNBC: CEO Wahid Nawabi Featured on Mad Money, Breaking Defense Against Near Peers, Unmanned Systems Must Maintain Autonomy Even When Contested, KCLU: A Ventura County company is manufacturing a high-tech drone which is being used in Ukraine, DefenseWebTV: AUSA 2022 Day 2 Defense Exhibition AM General Saber & Switchblade 300 and 600 Loitering Munitions, Switchblade Kamikaze Drone Production to Ramp Up Following Ukraine Use, United States Army Awards AeroVironment $20.6 Million Switchblade 300 Tactical Missile Systems Contract, AeroVironment Secures $20.86 Million in Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Awards for Allied Nations, AeroVironment Introduces Puma VNS, a Visual-Based Navigation System That Enables GPS-Denied Navigation Across GPS-Contested Environments, AeroVironment Signs Deal With Persistent Systems to Join Wave Relay Ecosystem, AeroVironment Introduces Next-Generation All-Electric VAPOR 55 MX Helicopter Unmanned Aircraft System, Built for Heavier Payloads and Longer Distances, AeroVironments New Mantis i23 D Multi-Sensor Imaging Payload Delivers Superior Daytime Surveillance Performance, AeroVironment Releases Inaugural Corporate Social Responsibility Report, U.S. Biography Mr. Wahid Nawabi has been the Chief Executive Officer and President of AeroVironment, Inc. since May 2, 2016 and January 16, 2016 respectively. From Switchblade to Quantix, AeroVironment is filling the skies of Ukraine with capable UAS. Mr. Nawabi earned his Undergraduate Degree from The University of Maryland at College Park in Electrical Engineering, concentrating in Power. As a former segment manager at American Power Conversion (a division of Schneider Electric), Wahid played a key role in revenue growth of $50 million to more than $2.4 billion, helping to establish the company as a world leader in power protection. He says AeroVironment is a great place to work because:There is no place like AeroVironment where a group of honorable, smart, and hardworking people can make such a big and positive impact on our lives and society. Furthermore, at least four other AeroVironment UAS have deployed against invading forces. M&A Activity, News. We are excited to welcome Wahid to this new role as part of our planned succession process.. We could have saved ourselves as a country billions of dollars, probably millions of their lives. 3 I DEWA MADE WAHYU WIJAYA X1 MENGGAMBAR. I was born and raised in Afghanistan, and came to the United States as a refugee because of the Soviet invasion back in the very early90s. Sean has served as the Vice President of Global Operations Finance at AeroVironment since June 2021. First fielded in 2010, the Switchblade has gone from initial low-quantity deployment to thousands being distributed to the U.S. military and beyond. Melissa Brown joined AeroVironment in 2015 as the companys Corporate Counsel. There are no executives at AeroVironment getting paid more. Prior to his current role, Sean served as Vice President of Finance and has held various other leadership positions within the Finance organization since joining AeroVironment in 2010. Their conflict is ideal for Switchblade. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. Wahid Nawabi, the head of multi-domain unmanned systems developer AeroVironment, was buoyant. ARTICLES - Read our recent and past articlesCONTACT. Melissa earned a juris doctor from the Arizona State University College of Law and a Bachelor of Science in microbiology and molecular genetics from the University of California Los Angeles. He also served as Senior Vice President and General Manager, EES from December 2011 to April 2015. Prior to his current role, Brian held positions of increasing responsibility since joining the company in 2012, including management of the Tactical Unmanned Aircraft Systems (TUAS) business from 2019 to 2020. He first became a member of the companys Board of Directors in 1988. Wahid has made over 15 trades of the AeroVironment stock since 2013, according to the Form 4 filled with the SEC. AeroVironment provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Imagine a weapon system that can go beyond visual line of sight. When they invaded, I was a teenager. Will His AI Plans Be Any Different? Information on this page was last updated on 1/12/2023. Prior to joining AeroVironment, Charlie served as a vice president at both FLIR Systems and Endeavor Robotics, leading the global sales of unmanned systems. Gorik has also held Program Management and Engineering positions at major aerospace and defense organizations including, Boeing Satellite Systems, and Honeywell International (formerly AlliedSignal). IUS:SO INSTEAD OF ENDING TANKS, TANKS BECOME AIRCRAFT CARRIERS? During his tenure, APC became the global leader in designing and manufacturing fully integrated data center power and cooling infrastructure solutions. AeroVironment's insider roster includes Timothy Conver (Chairman), Timothy Conver (Chairman), Wahid Nawabi (CEO), Alison Roelke (VP), Brian Shackley (CAO), and Mark Zuckerberg (CEO). In addition, he makes $3,056,940 as President, Chief Executive Officer, and Director at AeroVironment. What is Wahid Nawabi's net worth? During the last twelve months, insiders at the aerospace company sold shares 6 times. Starting his career in engineering, Colin broadened the scope of his responsibilities with management roles in business development, operations, quality, supply chain and continuous improvement. Wahid Nawabi Title: Senior Vice President and General Manager, Efficient Energy Systems Organization: AeroVironment Biography: Wahid Nawabi is senior vice president and general manager of Efficient Energy Systems (EES) at AeroVironment. Speaking of EES, new AeroVironment CEO Wahid Nawabi hails from the "efficient energy" side of AeroVironment, having joined the company as senior VP for that division after being hired away from . View our open roles and apply today!, The Switchblade 600 loitering missile system builds on the battle-proven track record of Switchblade 300 with its p, Ukraines next-generation drone fleet is packed with upgrades which includes our JUMP 20 medium UAS. NAWABI:Yes. AeroVironment, Inc. (NASDAQ:AVAV) Q2 2022 Earnings Conference Call December 8, 2021 10:00 AM ETCompany Participants. Its extremely precise because it has vision algorithm and object tracking algorithms, and the gimbal intelligence essentially tells how to sweeten the target and hit the bullseye. Ally, AeroVironments New Mantis i45 N Multi-Sensor Imaging Payload Delivers Advanced ISR for Nighttime Operations, AeroVironment Awarded $20.3 Million Switchblade 600 Tactical Missile Systems Hardware Contract by U.S. Special Operations Command, AeroVironment Demonstrates First-Ever Switchblade Loitering Missile Integration for Air Launched Effects from JUMP 20 Medium Unmanned Aircraft System, 2022 Corporate Social Responsibility Report, USA Today: Its hard, but theyre holding on: On the ground in Ukraine, the war depends on U.S. weapons, Collaborate and learn from the brightest minds in the industry. NAWABI:Its a very good mapping and reconnaissance UAV to give them actionable intelligence on the frontlines, where Russians are digging in or where their tanks are. Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, Chairman, President & Chief Executive Officer. NAWABI:The 600 is electrically powered, it has almost no heat signature, very little noise signature, a very, very small radar signatureit looks like a bird in the sky. Wahid played a key role in growing the company from $50 million to more than $2.4 billion in annual revenue, and its eventual sale to Schneider Electric for $6.1 Billion.This was the largest acquisition in the history of Schneider Electric. AeroVironment announced on Tuesday that its Board of Directors has unanimously elected Wahid Nawabi to succeed Tim Conver as chairman upon Conver's retirement effective at the company's 2021 . Its extremely quiet. Brett founded Tactical Missile Systems (TMS) as a business unit and was largely responsible for the building of the business from its early stages to todays multi-service, multi-missile adoption. AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its . NAWABI:You dont have to have a target yet to launch Switchblade. Small, hand-launched Ravens and Pumas are also in the field, fulfilling intelligence, reconnaissance and surveillance (ISR) needs. With 20 years experience in advanced technology in diverse industries such as fuel cells, clean tech, industrial manufacturing, and energy management, Wahid is responsible for architecting the roadmap of AeroVironments Electric Vehicle ecosystem solutions offering. Learn More on Wahid Nawabi's trading history. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. This is powered with outstanding team members who push each other to create solutions for the most challenging missions. He also led the development of a wide range of novel large hybrid electric UAS for commercial and defense applications. IUS:CAN YOU SAY HOW MANY YOU HAVE PROVIDED TO THE UKRANIANS? Wahid Nawabi is the President, Chief Executive Officer, Director of the Company. He says AeroVironment is a great place to work because:AeroVironment has a legacy of highly talented team members creating some of the most advanced aircraft in the world to solve challenging problems. Chief Executive Officer, President & Director,Aero Where creativity is applauded, results are rewarded and we strive to make a positive difference in the lives of the customers we serve.Colin holds a Bachelor of Science degree in Electrical Engineering from the University of Liverpool and earned a Masters degree in Business Administration from the University Of London. Puma is very similar to Raven, but it has a much more capable gimbal and flies for much longer. He says AeroVironment is a great place to work because: "AeroVironment is a great place to work for me because of the people. He became president in 1991and then CEO in 1992. Following the completion of the sale, the chief executive officer now directly owns 42,475 shares of the company's stock, valued at $5,153,491.75. The largest trade he's ever made was selling 71,722 units of AeroVironment stock on 18 March 2021 worth over $8,813,917. NAWABI:Life has very mysterious ways of things happening. Learn More on Wahid Nawabi's salary. He says AeroVironment is a great place to work because:"I am proud to be part of the AeroVironment team.
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