Teresa Covington Named AeroVironment CFO

Teresa Covington,  who held the interim chief financial officer role between Feb. 5, 2015 and July 7, 2015 at AeroVironment (Nasdaq: AVAV), has been appointed CFO on a full-time basis at the unmanned aircraft systems manufacturer.

AeroVironment said Tuesday Covington will succeed Raymond Cook, who will resign as senior vice president and CFO on Feb. 28, 2017 for health reasons.

Her appointment will take effect on March 1, 2017.

“I am excited to work closely with Teresa in her new role as we execute our business strategy to continue driving long-term value for our shareholders, customers and employees, ” said Wahid Nawabi, AeroVironment president and CEO.

Covington oversaw financial analysis, planning, accounting, credit and collection functions and a new product line management organization at AeroVironment.

Prior to AeroVironment, Covington was SVP and CFO at Line 6, a manufacturer of musical instruments that currently operates as part of Yamaha.

You may also be interested in...

Dana Mehnert President

L3Harris Receives $82M SOCOM Order for Falcon IV Manpack Radios; Dana Mehnert Quoted

L3Harris Technologies (NYSE: LHX) has received an $82M order to manufacture Falcon IV AN/PRC-167 radios for the U.S. Special Operations Command's Next Generation Tactical Communications program.


Leidos to Help Modernize HUD Contact Center Through GSA CoE Program

Leidos (NYSE: LDOS) has received a contract to help the Department of Housing and Urban Development establish a resource center for the Federal Housing Administration as part of the General Services Administration’s Centers of Excellence initiative.