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As the President, Chief Executive Officer, and Director of AeroVironment, the total compensation of Wahid Nawabi at AeroVironment is $3,056,940. 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The largest trade he's ever made was selling 71,722 units of AeroVironment stock on 18 March 2021 worth over $8,813,917. We use a lot of very sophisticated sensors. It could create havoc. IUS:WHAT LEVEL OF TRAINING IS NEEDED FOR EITHER SWITCHBLADE? Tim helped cultivate a unique company culture focused both on defining the future in our markets and allowing us to deliver uniquely valuable solutions that help our customers and employees proceed with certainty, commented Nawabi. On average, Wahid trades about 3,876 units every 86 days since 2012. And then it flies just like a UAS. Add a bio, trivia, and more. Tim Conver has over three decades of experience working for AeroVironment. Wahid earned his bachelors degree in Electrical Engineering from The University of Maryland at College Park. NAWABI:I am not able to. Will His AI Plans Be Any Different? Copyright 2023 AeroVironment, Inc. - All rights reserved. Prior to Raytheon, Cris was at Boeing Satellite Systems, where he held roles in Systems Engineering and Technical Leadership. Prior to joining AeroVironment, Regine held multiple C-Level executive roles at various small and midsize companies. Our team provides solutions to complex problems, by collaborating across various functions while demonstrating ownership and accountability. Sean has served as the Vice President of Global Operations Finance at AeroVironment since June 2021. IUS:CAN YOU TAKE US THROUGH AEROVIRONMENTS PRESENCE IN UKRAINE? 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. Read about how we use cookies and how you can control them on our Privacy Policy. Mr. Nawabi has served as our President and Chief Executive Officer since May 2016. NAWABI:Ill just give you some of the most important reasons. Board Member 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. 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 C&D Technologies, Mr. Nawabi worked for 16 years with American Power Conversion Corporation, a provider of power protection products and services, in a succession of positions of increasing responsibility, most recently as Vice President, Enterprise Segment, North America and Canada. He was appointed as Chairman of the Board of Directors in September 2021. Wahid Nawabi - Chairman, President & CEO. 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. Ally, AeroVironment Awarded $10.5 Million Puma LE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. WHATS ITS UTILITY IN THE CURRENT CONFLICT? 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! 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 . Now He's Sending Drones to Ukraine to Beat Back the Russian Invasion. Learn More on AeroVironment's active insiders. He guided the strategic and tactical activities for the SUAS business area. This chart shows Wahid Nawabi's buying and selling at AeroVironment by year and by quarter. 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. With these long standoff distances, you can then decide to designate the target. During his tenure, APC became the global leader in designing and manufacturing fully integrated data center power and cooling infrastructure solutions. He also led the development of a wide range of novel large hybrid electric UAS for commercial and defense applications. Basically, you can go up, you can come down, you can come sideways, you can go around. Prior to AeroVironment, he had a 20-year career as an Executive with advanced technology companies in industries spanning clean technology, industrial/electrical equipment manufacturing, telecom and energy. AeroVironment announced on Tuesday that its Board of Directors has unanimously elected Wahid Nawabi to succeed Tim Conver as chairman upon Convers retirement effective at the companys 2021 annual meeting of shareholders. Welcome to our fourth quarter and full fiscal year 2020 earnings conference call. Engineers and staff from NASA and its Jet Propulsion Laboratory had just visited to debrief in the wake of the Mars Ingenuity Helicopter's shift from proof of concept to an operational . Insiders at AeroVironment own 1.8% of the company. We do this on a regular basis, worldwide. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. Brian earned a Bachelor of Science degree in Electrical Engineering from Iowa State University and a Master of Science degree in Telecommunications and Network Engineering from the University of Pennsylvania. He says AeroVironment is a great place to work because: "We foster an exciting work environment with rapid innovation and tight team collaboration. As part of our commitment to strong corporate governance, the AeroVironment Board of Directors maintains an ongoing and deliberate process for managing succession. Most recently he exercised 10,719 units of AVAV stock worth $1,155,508 on 29 June 2021. . He became the director of the Board in 2007 and has held that post ever since. 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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 If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. NAWABI:They become aircraft carriers and they have their own long-standoff firing power. 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. We could have saved ourselves as a country billions of dollars, probably millions of their lives. Most recently, Wahid Nawabi sold 24,716 shares of the business's stock in a transaction on Monday, April 5th. Jonah Teeter-Balin - IR. Up Close WithWahid Nawabi, CEO, chairman and president, AeroVironment, Tyto Robotics Releases New Drone Test Stand: The Flight Stand 15/50. Gorik Hossepian has served as our Vice President and Product Line General Manager, MUAS since 2021 and is responsible for developing and executing product and technology roadmaps, and managing the life cycle of AeroVironments MUAS portfolio.Gorik has over 38 years of experience in military and commercial aerospace as a business unit leader, program manager and engineer. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. Prior to Cobham, Gorik was with Northrop Grumman Electronics for 9 years, at the Navigation and Positioning Systems Business Unit in Woodland Hills, California focused on leading and transforming a multi-national avionics business unit serving both military and commercial markets. We are not a big consumer relative to guys like Sony and Apple. Nawabi's father was a petroleum engineer and high-ranking government official when the Soviet Union invaded Afghanistan in 1979. 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. 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. Breaking Defense: Multi-Domain Operations need the "right" solutions. Add or change photo on IMDbPro Add to list More at IMDbPro Contact info Agent info Known for Insider Business TV Series Self - CEO, Aerovironment 2022 1 ep Credits IMDbPro Self Previous 1 Insider Business Self - CEO, Aerovironment TV Series 2022 1 episode Wahid spent 16 years of his career at American Power Conversion Corporation (APC) in multiple leadership roles helping the company achieve its business strategy. Read more here. NAWABI:Ukraines had a fairly decent fleet of Ravens in its force structure. IUS:HOW DO YOU THINK THESE KINDS OF VEHICLES ARE CHANGING THE NATURE OF WARFARE? The joystick, the controllers are all like a great video game. Information on this page was last updated on 1/12/2023. A lot of missions will be done much more effectively. The U.S. military has committed to provide as many as 700 Switchblades (and counting) to Ukraine. Nawabi spoke from AeroVironments main facility in Simi Valley, California, but was just back from Washington, near AeroVironments recently relocated corporate headquarters in Arlington, Virginia. Charlie also held multiple positions over many years at QinetiQ North America related to ground robotics, leading the business development and sales team, product management team, co-led the engineering team, and served as a senior program manager. Kevin earned his J.D. Will Others Follow? Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems and serves defense, government and commercial customers. Prior to joining AeroVironment, Charlie served as a vice president at both FLIR Systems and Endeavor Robotics, leading the global sales of unmanned systems. Seans prior employers include General Dynamics and Honeywell Aerospace. 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. This includes the leadership of our Pathfinder Program, a technical leadership program which comprises our technical fellows and select exceptional engineering talent. He started and led the Enterprise/Data Center business at APC, growing revenue to $600 million from 2000 to 2008. IUS:WE STILL DONT FULLY KNOW HOW THE [GUIDED MISSILE CRUISER] MOSKVA WAS SUNK. That's according to Wahid Nawabi, chief executive of AeroVironment Inc., the Simi Valley robotics company that made history this spring as the inventor of Ingenuity, the first aircraft to fly on another planet, in this case Mars. Mon, May 2 2022 7:18 PM EDT. Scott served as the Vice President of small Unmanned Aircraft Systems beginning in 2012. Joining AeroVironment in 2010 as a Product Manager, Jeff was responsible for the development and market entry of our Wasp AE UAS. 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. They sold a total of 21,115 shares worth more than $1,864,354.22. NAWABI:DOD has been using Switchblade for many years, and Ukraine reached out to the White House and the Pentagon, as well as us. Being part of an innovative team, fun atmosphere and surrounded by welcoming people make it exciting to come to work and develop solutions to make our customers successful.Regine has 25 years of experience in the computer and software industry. Wahid Nawabi Net Worth The estimated Net Worth of Wahid Nawabi is at least AeroVironment stock worth over $2,935,797 and over the last 10 . Learn More on Wahid Nawabi's contact information. View Vadiraj P.K's email address (v*****@apc***.com) and phone number. Still, the weapon has earned Wahid Nawabi a place (along with Vice President Kamala Harris) on the list of Americans whom Russia has sanctioned. During his 16-year tenure at American Power Conversion, Mr. Nawabi was instrumental to the company's growth into global market leadership positions in power protection and data center physical infrastructure, with significant roles in starting and growing the company's data center physical infrastructure business and in developing and expanding the company's business across Europe and Asia. That full dedication is bulwarked by the next-generation, game-changing capabilities with out Switchblade loitering missile systems and by other autonomous vehicles. During the last twelve months, insiders at the aerospace company sold shares 6 times. The estimated net worth of Wahid Nawabi is at least $3.79 million as of April 5th, 2021. 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. 2022 Copyrights 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. There are 1 executives at AeroVironment getting paid more, with Wahid Nawabi having the highest compensation of $3,056,940. He also led business development activities at Draper Laboratory and TIAX where he served as an executive vice president. AeroVironment's insider roster includes Timothy Conver (Chairman), Timothy Conver (Chairman), Wahid Nawabi (CEO), Alison Roelke (VP), Brian Shackley (CAO), and Mark Zuckerberg (CEO). NAWABI:Thats another advantage. Brett has been with AeroVironment since 2010. Copyright 2023 AeroVironment, Inc. - All rights reserved. We stand for freedom, the message begins, and we stand with our Its a loitering missile. ARTICLES - Read our recent and past articlesCONTACT. Wahid's mailing address filed with the SEC is 241 18TH STREET SOUTH, SUITE #415, ARLINGTON, VA, 22202. Wahid Nawabi Chairman, President & CEO at AeroVironment Inc. Los Angeles Metropolitan Area 6K followers 500+ connections Join to follow LiquidStack University of Maryland About Specialties: *. As the Chairman and Pres & CEO of AeroVironment, the total compensation of Mr Nawabi at AeroVironment is $1,191,749. Enter your email address below to get our daily insider buying and selling report. At 120 pounds all in, the Switchblade 600 can be set up and launched in less than 10 minutes, dash at up to 110 miles per hour, loiter for 40 minutes and use high-precision optics to precisely deliver an anti-armor warhead against larger, hardened non-line-of-sight targets. Wahid Nawabi is currently Chairman of the Board, President and Chief Executive Officer and Director at AeroVironment - View - AeroVironment org chart Create your alert to follow the career of Wahid Nawabi. This is powered with outstanding team members who push each other to create solutions for the most challenging missions. 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 actually deployed our team to be able to go and train them. You can see the complete history of Mr. Nawabi stock trades at the bottom of the page. In this role, Mike had leadership responsibility for operations, including a wide range of innovative space deployable hardware and unfurlable RF antennas for various military and commercial customers. Wahid Nawabi Fled the Soviets as a Boy. The oldest executive at AeroVironment Inc. is Stephen Page, 80, who is the Independent Director. He says AeroVironment is a great place to work because: "AeroVironment is a great place to work for me because of the people. 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! AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its . He is a noted speaker on best-in-class Lean Six Sigma Sourcing and has presented at both domestic and international venues. California Weighs $360,000 in Reparations to Eligible Black Residents. He says AeroVironment is a great place to work because:AeroVironment is a great place to work because we are built upon the idea that truly innovative solutions are hard to discover and even harder to deliver, but nothing will stop us from trying, learning, and improving until we succeed.. You cant jam it. 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. For Wahid Nawabi, the reasons are She earned a Bachelor of Science degree in Computer Science, Masters in Computer Engineering and an Executive MBA degree from Pepperdine University. Prior to joining AeroVironment, Brett was a Vice President at Teledyne Technologies. Most recently he exercised 6,695 units of AVAV stock worth $597,663 on 29 June 2022. IUS:WHAT DO YOU THINK OF THE KAMIKAZE REFERENCES AROUND SWITCHBLADE? 09:02. Wahid has made over 15 trades of the AeroVironment stock since 2013, according to the Form 4 filled with the SEC. If you continue to use this site, you consent to our use of cookies. Here are a few: Forbes: Shadowy Switchblade Kamikaze Drones On Their Way To Ukraine: Heres What We Know About Them, How Switchblade Drones Could Turn the Tide of Ukraine War, Distributed Warfare and Uncrewed Systems in the New Era of Strategic Competition, A Year After Landing on Mars, One-of-a-Kind Helicopter Developed in Ventura County Still Flying, AeroVironment Awarded $8.5 Million Puma AE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. And the United States Stinger missile just switched the paradigm remarkablyit basically disabled the power of the Russians at that time. Radio personality and budding entrepreneur Angela Yee describes her youth in the New York City hip hop scene, her first radio job at Shade 45 and how she played a central role in bringing together some of the biggest names in music. 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. Small, hand-launched Ravens and Pumas are also in the field, fulfilling intelligence, reconnaissance and surveillance (ISR) needs. Prior to his current role, Wahid served as President and Chief Operating Officer of the company, where he managed all aspects of AeroVironments two business segments. 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. ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. Wahid Nawabi IMDbPro Starmeter Help contribute to IMDb. For more information, visit www.avinc.com. The most active insiders traders include Timothy E Conver, Edward R Muller, and Stephen F Page. 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. All rights reserved. Learn More about Wahid Nawabi's net worth. 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. During his tenure at JAMS, Kevin helped the company nearly double its revenue and more than double its EBITDA. He joined the Company in 2011 as senior vice . Breaking Defense: Multi-Domain Operations need the "right" solutions. Sebagaimana pemikiran Wahid lainnya, gagasan pribumisasi Islam itu pun menuai pro dan kontra, terutama ketika assalamu'alaikum disamakan dengan ahlan wa sahlan atau shabah al-khayr. Nawbi has served as AeroVironment's president and CEO since May of 2016. 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. There are 11 older and 6 younger executives at AeroVironment. As the CEO of AeroVironment, Inc., Mr. Nawabi earned a total compensation package of $2,524,773.00 in 2021. Not only the UAVs, but also the whole system plus training. VerdeXchange News | The Bloc | 700 South Flower Street, Suite 700 | Los Angeles, CA 90017Telephone: (213) 623-3801 | Facsimile: (213) 623-9207VerdeXchange News (ISSN 1082-1171/USPS 012-619) is published quarterly by the VerdeXchange Institute.The VerdeXchange Institute is a 501(c)(3) project of Community Partners. 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. NAWABI:As soon as we came up with the concept we realized this is actually a disruptive missile category. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,747,994 as of February 13th. 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. 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. 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. His father was forced to flee the country with his wife and commissioned an individual to smuggle Wahid and his two sisters out of the . You dont have to destroy it, you can disable it. NAWABI:Yes. 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. ambition inside of him that led him to become a successful corporate leader. Mr. Nawabi served as the General Manager of Efficient Energy Systems Business Segment at AeroVironment, Inc. from December 13, 2011 to April 30, 2015 and served as its Senior Vice Presidentfrom December 13, 2011 to January 16, 2016. It was 108. Be our fan on Facebook. Each can cover 400 acres or 20 kilometers as 18 megapixel RGB and multispectral cameras capture automated and hands-free reconnaissance data. We also discussed how a commitment to resistance dates back to his growing up in Afghanistan, from where he fled at age 14 with his three younger siblings after that earlier Soviet invasion. 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. NAWABI:You dont have to have a target yet to launch Switchblade. Vadiraj is based out of Bangalore Urban, Karnataka, India and works in the IT Services and IT Consulting industry. We are believers in a family of systems architecture. Its quiet, its undetectable. Mr. Nawabi has a B.S. Wahid Nawabi joined AeroVironment in 201 1 as senior vice president and general manager of the EES business segment. Get the latest updates and Facebook-only posts. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,791,743 as of March 4th. M&A Activity, News. 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. And once you have a multipack launcher, one operator can basically do six to 20 Switchblades. 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.
