CPS Technologies Corp. Appoints I. James Cavoli to its Board of Directors
About the Appointment
NORTON, Mass., Dec. 05, 2024 (GLOBE NEWSWIRE) — CPS Technologies Corp. (NASDAQ:CPSH) (“CPS” or the “Company”) today announced the appointment of I. James Cavoli to its Board of Directors. Jim currently serves as president of Swagelok Company, a worldwide manufacturer of fluid system components and engineered assemblies. Jim was appointed chief operating officer of Swagelok Company in 2020 and named president in 2021. During his tenure as president, Jim grew the company’s market cap by 75%. Prior to that he served as vice president, distributor support services. In 2010, Jim joined Swagelok Company as director, strategic sales and was named vice president and chief financial officer in 2014. Prior to joining Swagelok, Jim served as a captain in the U.S. Army, finance manager for Ford Motor Company, and general manager for Progressive Insurance. In 2004, he started LS Insights, a national financial brokerage firm. Jim holds Bachelor of Science degrees in accounting and international management from Georgetown University and an M.B.A. from Harvard Business School.
Jim Cavoli’s Expertise
With a diverse background spanning from the military to finance to leadership positions in the corporate world, Jim Cavoli brings a wealth of experience and knowledge to the Board of Directors at CPS Technologies Corp. His track record of success in growing companies and his strategic vision will be invaluable assets to CPS as they continue to innovate and expand their market presence.
How this Appointment Will Impact Me
As a shareholder or employee of CPS Technologies Corp., Jim Cavoli’s appointment to the Board of Directors can have a positive impact. His proven ability to drive growth and increase market value could lead to potential financial gains and career opportunities within the company.
How this Appointment Will Impact the World
Jim Cavoli’s appointment to the Board of Directors at CPS Technologies Corp. could also have broader implications for the business world. His strong leadership skills and strategic mindset could influence industry trends and inspire other companies to focus on growth and innovation.
Conclusion
The addition of Jim Cavoli to the Board of Directors at CPS Technologies Corp. marks an exciting new chapter for the company. With his extensive experience and proven track record, Jim is poised to make a significant impact on CPS’s future success and growth. Shareholders, employees, and the industry as a whole stand to benefit from his expertise and leadership.
