NextPoint Management Company CEO joins CPI Aerostructures

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CPI Aerostructures appointed Michael Faber as member of its Board of Directors. His appointment brought the number of the company's board members up to six. An attorney, Faber would be bringing with him more than twenty years of investing experience in his new role. He has worked with large multinational companies as well as emerging growth firms.

Faber is presently the Chief Executive of the investment firm NextPoint Management Company. He is also a senior advisor in the law firm of Akerman Senterfitt, which has more than 550 lawyers in its roster. He also plays the same role in a family office holding more than USD 2 billion in assets.

President and CEO of CPI Aero Edward Fred said he is pleased at Faber's appointment. "We believe that his extensive experience in finance, advising numerous growth businesses and corporate law will greatly benefit CPI Aero and will be extremely valuable to us as we pursue the continued growth of our business. We look forward to benefiting from his counsel," he added.

CPI Aerostructures manufactures structural parts for commercial and defense aircrafts and helicopters.

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