CPI Aerostructures shares rise 12.74% premarket after appointing Robert Mannix as CFO.

CPI Aerostructures surged 12.74% in premarket trading following the announcement of Robert Mannix’s appointment as Chief Financial Officer. Mannix, with over 30 years of financial leadership experience at publicly traded companies including West Technology Group, Verint Systems, and Motorola, replaces interim CFO Pamela Levesque, who will remain on the board. The leadership change, emphasizing seasoned financial expertise and operational discipline, was cited by CEO Dorith Hakim as a strategic move to strengthen CPI Aero’s financial operations. The stock’s sharp rise aligns with positive investor sentiment toward the appointment, which signals improved governance and confidence in the company’s ability to navigate its strategic pivot toward high-margin defense contracts and manage debt reduction efforts.