When they invaded, I was a teenager. NAWABI:We, always as a company, had what I call a moral True North. Jeff earned an MBA from the University of Michigan Ross School of Business and a Bachelor and Master of Science in Aeronautics and Astronautics from Purdue University. Jonah Teeter-Balin - IR. Wahid Nawabi Net Worth, Biography, and Insider Trading Mr. Nawabi has served as the President of AeroVironment, Inc. and served as its Chief Operating Officer since April 30, 2015 until May 1, 2016. Aerovironment Inc (AVAV) Q4 2020 Earnings Call Transcript Guinea Sets Two-Week Deadline for Alumina Plants Projects, RAF Jets Escort Plane in Distress to Stansted Airport, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows, Shortage ofMetals for EVs Is Rising Up the Agenda in Automakers C-Suites. Each can cover 400 acres or 20 kilometers as 18 megapixel RGB and multispectral cameras capture automated and hands-free reconnaissance data. AeroVironment and AV are trademarks of AeroVironment, Inc. | Privacy | Terms | Cookies Policy | Investors | CA Transparency Act | CCPA Privacy Policy, 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. When he was a young teenager, Wahid Nawabi would go to the roof of his family's . Wahid Nawabi - Chairman, President & CEO. She also worked at larger companies including Spirent Communications, Electronics for Imaging, United Online, Apple Computer, and Technicolor where she held engineering and digital transformation/IT roles, launched multiple ventures as well as new hardware, software and mobile products. Nawabi joined AeroVironment after a 20-year career as an executive with advanced technology companies in industries . He is certified in both Six Sigma and Lean Manufacturing and his guidelines and methodologies for supply chain improvements are known professionally. 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. There are 1 executives at AeroVironment getting paid more, with Wahid Nawabi having the highest compensation of $3,056,940. This sounds like a sales pitch; thats not really the intention. 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. Joining AeroVironment in 2010 as a Product Manager, Jeff was responsible for the development and market entry of our Wasp AE UAS. We even debated whether we should be in the business of making loitering munitions. Charlie Dean joined AeroVironment in 2021 as the companys Vice President of Global Business Development, Sales and Marketing. Prior to that he served as Deputy General Manager UAS and was responsible for the leadership of our Emerging Business overseeing our HAPS business and still serves as a Board Member of HAPSMobile, our Joint Venture with Soft Bank. All rights reserved. Learn More on AeroVironment's active insiders. 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They sold a total of 21,115 shares worth more than $1,864,354.22. 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. On average, AeroVironment executives and independent directors trade stock every 15 days with the average trade being worth of $1,003,127. He guided the strategic and tactical activities for the SUAS business area. This net worth approximation does not reflect any other assets that Mr. Nawabi may own. Imagine a weapon system that can go beyond visual line of sight. We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. Sean is responsible for the leadership of Financial Operations within AeroVironment including FP&A, Pricing & Cost Estimating, Program Controls, Business Management and Cost Accounting. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chairman/President/CEO, Aerovironment Inc. During the last twelve months, insiders at the aerospace company sold shares 6 times. Mike started his career at McDonnell Douglas/Boeing and held various engineering and program management positions in both the commercial and military programs. The most recent stock trade was executed by Stephen F Page on 12 January 2023, trading 10,000 units of AVAV stock currently worth $185,700. 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 . Wahid Nawabi Net Worth (2022) | wallmine AU IUS:LETS SWITCH OVER TO THE QUANTIX. 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. Learn More about insider trades at AeroVironment. In this episode, hear how Yee introduced Jay Electronica to Jay Z, why she decided to book Eminem for one of his first shows, and how she's expanded her empire to include real estate and a new coffee venture. Vadiraj is based out of Bangalore Urban, Karnataka, India and works in the IT Services and IT Consulting industry. . Puma is very similar to Raven, but it has a much more capable gimbal and flies for much longer. He directed the development of commercial communications satellites at Boeing, serving both domestic and international markets while focusing on environmental control and life support equipment at Honeywell, aimed at commercial, military and manned space applications. Future of Drones: AeroVironment's Wahid Nawabi talks about the Mars NAWABI:As soon as we came up with the concept we realized this is actually a disruptive missile category. While at Northrop Grumman he held various positions within engineering including functional Director and Product Line Director. These days, AeroVironment's website comes out, well, firing. Because were a much smaller customer in that category, we need priority orders from the DOD, where can make thousands of these. Tim Conver has over three decades of experience working for AeroVironment. Up Close WithWahid Nawabi, CEO, chairman and president, AeroVironment, Tyto Robotics Releases New Drone Test Stand: The Flight Stand 15/50. AeroVironment, Inc United States of America. NAWABI:You dont have to have a target yet to launch Switchblade. The shares were sold at an average price of $121.33, for a transaction totalling $2,998,792.28. He led the integration of the companys engineering, operations, supply chain and quality functional organizations into a single corporate shared services model across both business segments and all product lines.Wahid spent 16 years of his career at American Power Conversion Corporation (APC) in multiple leadership roles helping the company achieve its business strategy. ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. The operator has literally all these choices on their fingertips. Wahid Nawabi, chairman, president and chief executive officer of AeroVironment. The smaller Switchblade 300 is rucksack-portable. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. He started and led the Enterprise/Data Center business at APC, growing revenue to $600 million from 2000 to 2008. To learn more about the portfolios capabilities and how they came to be deployed halfway around the world,Inside Unmanned Systemstalked with Wahid Nawabi, AeroVironments chairman, CEO and president. Ally, Breaking Defense: Multi-Domain Unmanned Systems for Future Warfare at the Tactical Edge, AeroVironment Introduces Switchblade 300 Sensor to Shooter Kit, A Simple-to-Integrate Multi-Domain ISR and Precision Strike Capability, AeroVironment Continues to Support Local Schools Through its IMPACT! 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. Get notified the next time Wahid Nawabi buys or sells AeroVironment stock. Its exciting to come to work each day and be a part of the innovative and creative work that we do and see how our products help our customers.". 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. Seans prior employers include General Dynamics and Honeywell Aerospace. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. Wahid joined AeroVironment in 2011 as senior vice president and general manager of the EES business segment, where he reshaped the segments business strategy, launched several award-winning, innovative new products, and significantly improved its position in the market. 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. Musk Made a Mess at Twitter. It was pretty much unanimous. 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. This includes the leadership of our Pathfinder Program, a technical leadership program which comprises our technical fellows and select exceptional engineering talent. With Puma, we just received the first contract. NAWABI:Ill just give you some of the most important reasons. 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? NAWABI:They become aircraft carriers and they have their own long-standoff firing power. Wahid has made over 15 trades of the AeroVironment stock since 2013, according to the Form 4 filled with the SEC. With a combined 35 years in the defense industry, Brett has also held various leadership roles at GE Aircraft Controls, Martin Marietta, Lockheed Martin, BAE Systems. Chart Data in Insider Trading History Table. Brett holds a Bachelor of Science degree in Electrical Engineering from Clarkson University and a Masters of Science in Electrical Engineering from Syracuse University and is a graduate of General Electrics Advanced Course in Engineering Program and GEs Edison Engineering Development Program. Learn More on Wahid Nawabi's trading history. Trace has held various leadership roles within AeroVironment, including leading our International Business Unit where he was responsible for the support of over 40 International customers. AeroVironment, Inc. engages in the design, development, production, support and operation of unmanned aircraft systems and electric transportation solutions. 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. AeroVironment executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Read about how we use cookies and how you can control them on our Privacy Policy. I am honored to work for a company that embraces such values.. Ally, AeroVironment Awarded $10.5 Million Puma LE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Charlie is DAWIA Level III certified in program management and completed a successful career in the U.S. Army as an Infantry officer and acquisition professional. Not only the UAVs, but also the whole system plus training. Wahid Nawabi - Chairman, President & Chief Executive Officer Jonah Teeter-Balin - Senior Director of Corporate Development & Investor Relations Kevin McDonnell - Senior Vice President & Chief. Kevin earned his J.D. Copyright 2023 Surperformance. They use it for force structures bigger than companies, for primarily ISR, but also for target acquisition. Wahid Nawabi -- President and Chief Executive Officer Thank you, Steve. AeroVironment, Inc. (NASDAQ:AVAV) Q2 2022 Earnings Conference Call December 8, 2021 10:00 AM ETCompany Participants. People who are actually warfighters who have used them, generals to individual soldiers on the ground, have all said that this is going to completely change the paradigm of warfare. 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 . As of 29 June 2022 he still owns at least 75,764 units of AeroVironment stock. 4 Ahmad fauzi X1 MENGGAMBAR. Colin Walker has served as the Vice President of Fulfillment since December 2018 and is accountable for the introduction of new manufacturable products, strategic forecast planning, procurement and inventory management, and operational planning of customer deliverable hardware to contract requirements. 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. On average, Wahid trades about 3,876 units every 86 days since 2012. Its quiet, its undetectable. Jeff Rodrian has served as the Vice President of AV Ventures since 2021 with a focus on creating a center for market driven innovations by embracing a start-up best practices approach, along with engaging with the vibrant external start-up community to further AeroVironments strategic pursuits. Chief Executive Officer, President & Director,Aero Still, the weapon has earned Wahid Nawabi a place (along with Vice President Kamala Harris) on the list of Americans whom Russia has sanctioned. Scott also completed Stanford Executive Institute program for high technology executives and Gap Internationals Executive Mastery. Mr. Nawabi has been a Director of AeroVironment, Inc. since May 2, 2016. Wahids track record of effective leadership and demonstrated results as chief executive officer, which include three consecutive years of profitable, double-digit revenue growth, are fundamental to the Boards decision to elect Wahid as the next chairman. Scott Newbern has served as the Vice President and Chief Technology Officer of AeroVironment since December of 2018. We do this on a regular basis, worldwide. The oldest executive at AeroVironment Inc. is Stephen Page, 80, who is the Independent Director. Prior to joining AeroVironment, Brian spent 9 years at Lockheed Martin managing SUAS and Sea-based Missile Defense programs while participating in the companys Engineering Leadership Development Program. Wahid's mailing address filed with the SEC is 241 18TH STREET SOUTH, SUITE #415, ARLINGTON, VA, 22202. We have a team dedicated to providing mission critical product and services to our customers. And it does that in less than one hour, giving a very accurate, precise map of the actual battlefield. Copyright 2023 AeroVironment, Inc. - All rights reserved. We would have stopped the Russians on its tracks right at the beginning. I also see the maritime domain in the future changing, where Switchblade will not only be on helicopters, airplanes and ground vehicles, but also on ships. We stand for freedom, the message begins, and we stand with our Most recently he exercised 6,695 units of AVAV stock worth $597,663 on 29 June 2022. Sean has nearly two decades of experience in the aerospace and defense industry. As part of our commitment to strong corporate governance, the AeroVironment Board of Directors maintains an ongoing and deliberate process for managing succession. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. The corporate mailing address for Mr. Nawabi and other AeroVironment executives is 900 INNOVATORS WAY, SIMI VALLEY CA, 93065. 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. He first became a member of the companys Board of Directors in 1988. 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:DOD has been using Switchblade for many years, and Ukraine reached out to the White House and the Pentagon, as well as us. She says AeroVironment is a great place to work because:"I love being a part of the AV family, where people truly care about the company and each other. 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. Will Others Follow? Learn More on Wahid Nawabi's salary. Senior Leadership Team | AeroVironment, Inc. in electrical engineering from the University of Maryland, College Park. M&A Activity, News. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. As the President, Chief Executive Officer, and Director of AeroVironment, the total compensation of Wahid Nawabi at AeroVironment is $3,056,940. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. Tims leadership and mentorship have resulted in countless American and allied lives saved as a result of our innovative UAS and TMS solutions, concluded Nawabi. Trace has 20 years of experience in the defense industry and earned a Bachelor of Science degree in Business and Economics from the University of Kansas. For Wahid Nawabi, the reasons are both technical and biographical. Wahid Nawabi IMDbPro Starmeter Help contribute to IMDb. There are 11 older and 6 younger executives at AeroVironment. Ally, Breaking Defense: Multi-Domain Unmanned Systems for Future Warfare at the Tactical Edge, AeroVironment Introduces Switchblade 300 Sensor to Shooter Kit, A Simple-to-Integrate Multi-Domain ISR and Precision Strike Capability, AeroVironment Continues to Support Local Schools Through its IMPACT! Scott has served in various UAS leadership positions at AeroVironment since joining the company in 1997. Mr. Maker Of Switchblade Loitering Munitions Ready To Produce - Forbes Tim Conver has served AeroVironment as a visionary leader and a disciplined Chairman of the Board whose contributions have molded the company into the recognized leader in our industry, stated Arnold Fishman, lead independent director. Its extremely simple to operate: its got a tablet, and you draw boundaries and you push Go. The UAV plans its mission and takes off on its own. We are believers in a family of systems architecture. IUS:WE STILL DONT FULLY KNOW HOW THE [GUIDED MISSILE CRUISER] MOSKVA WAS SUNK. IUS:CAN YOU TAKE US THROUGH AEROVIRONMENTS PRESENCE IN UKRAINE? She is responsible for leading the Information Systems teams, securing and scaling the company, and overseeing the path to digital transformation. IUS:CAN YOU SAY HOW MANY YOU HAVE PROVIDED TO THE UKRANIANS? Wahid Nawabi | VerdeXchange 8 DYEMAR BIRU AGENG RYEHANDOKO X1 MENGGAMBAR.