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Thursday, April 1, 2010

AeroVironment CFO Resigns

AeroVironment, based in Monrovia, Calif., announced Wednesday the resignation of its chief financial officer, Stephen C. Wright, to pursue other business opportunities. Jikun Kim has been appointed interim chief financial officer. Kim has served the company as vice president and controller since June 2009. Wright will remain with the company through the end of its current fiscal year, which concludes on April 30.

Tim Conver, AV's chairman and chief executive officer, said, "Steve Wright's financial stewardship successfully supported AV's rapid growth and prepared the company to operate in the public equity markets. On behalf of the board of directors and AV's team members, I thank Steve for his contributions and wish him well in his future endeavors."

Prior to joining AV, Jikun Kim was with Raytheon for more than eight years, most recently as chief financial officer of Raytheon Vision Systems.

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