CPI Aero names new chief; net income tumbles in qtr.

Mar 06, 2014 | 06:55 PM | Frank Haflich

Tags  aerospace, CPI Aerostructures, Douglas J. McCrosson, Edward J. Fred, appointment, earnings report, Cessna Aircraft, Embraer Lockheed Martin

LOS ANGELES — CPI Aerostructures Inc. has named Douglas J. McCrosson president and chief executive officer effective March 6, the company said in a statement.

McCrosson replaces Edward J. Fred, who resigned for "personal reasons" but will remain with the company in an advisory capacity until May 16 and as a consultant until Nov. 16 next year, CPI Aero said.....

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