Consolidated Precision Products Corp. Appoints James V. Stewart as Chief Executive Officer

CLEVELAND, Oct. 6, 2014 /PRNewswire/ -- Consolidated Precision Products Corp. ("CPP" or "the Company"), a leading manufacturer of highly-engineered castings and sub-assemblies primarily for the commercial aerospace and defense markets, today announced the appointment of James V. Stewart as Chief Executive Officer ("CEO").  Mr. Stewart is a recognized leader in the global aerospace industry, having served in senior roles in the original equipment manufacturer ("OEM") and aftermarket service sectors.

Mr. Stewart most recently served as Group CEO of Mubadala Aerospace MRO network, a part of Abu Dhabi-based Mubadala Aerospace that encompasses Abu Dhabi Aircraft Technologies and SR Technics.  Prior to that, Mr. Stewart held positions as CEO and Chief Financial Officer ("CFO") of SR Technics, CFO of Aerion Corporation, and several finance roles at Bombardier Inc., including CFO of Bombardier Aerospace. 

CPP Chairman of the Board Michael Graff commented, "On behalf of the Board, I am delighted to welcome James to CPP.  Given his deep knowledge of the global aerospace industry and proven ability to build teams and grow businesses, he is ideally suited to lead CPP in its next phase of growth."

Mr. Stewart added, "CPP has established itself as a leader in the aerospace and defense markets.  I look forward to working with the company's talented management team and employees to build on their success and to continue to deliver the outstanding products and service that CPP's customers have come to expect."

About Consolidated Precision Products Corp. (CPP)
Consolidated Precision Products Corp. ("CPP"), headquartered in Cleveland, OH, is a leading manufacturer of highly-engineered castings and sub-assemblies primarily for the commercial aerospace and defense markets. Founded in 1991, CPP is one of the world's largest investment and precision sand casting companies, producing complex super alloy, aluminum, magnesium and steel castings for a variety of leading commercial and military aircraft, weapon systems, regional/business jets, helicopters and industrial gas turbines. CPP serves a wide range of global, blue chip customers including, Boeing, Airbus, Hamilton Sundstrand, General Electric, Honeywell, Pratt and Whitney, and Lockheed Martin on platforms such as the 737, 777, 787, A320, A340, F-35 Joint Strike Fighter, F-22 Raptor, Apache, V-22. For more information about CPP, visit www.cppcorp.com.

Contact:
Andy Klaus
CFO
(216) 453-4810

SOURCE Consolidated Precision Products Corp.