Aura : Announces Appointment of Steven Willett as Chief Financial Officer - Form 8-K
February 17, 2022 at 08:38 pm IST
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Aura Announces Appointment of Steven Willett as Chief Financial Officer
LAKE FOREST, CALIFORNIA February 17, 2022, Aura Systems Inc. (Symbol "AUSI") announced today that Mr. Steven Willett has joined the Company and has been appointed as its Chief Financial Officer, effective February 14, 2022.
"We are pleased to have Mr. Willett join the Aura team; I am confident that his extensive financial knowledge and experience will significantly enhance our capabilities as we proceed to expand our management team and continue to position Aura for the future" explained David Mann, who has served as both a director of the Company and Chief Financial Officer since July 2018 and who will be relinquishing the CFO role to Mr. Willett. Mr. Mann will remain a director.
Mr. Willett will join the Company from Govino, LLC, where he has served as CFO and Vice President of Finance since 2017. From 2014 to 2017, Mr. Willett served as Director of Finance for the Americas of Identiv, Inc., and prior to that, as Director of Finance of aerospace & defense contractor Trex Enterprises Corporation. Mr. Willett holds a Bachelor of Science degree in accounting from the University of Massachusetts and an M.B.A. with concentration in finance from Bentley University McCallum Graduate School of Business.
"I am excited to step into the CFO role and continue to help Aura execute its strategic plan, accelerate growth and deliver value for its shareholders" explained Mr. Willett.
About Aura Systems, Inc.
Aura Systems was founded in 1987 by a team of scientists and engineers as a defense industry think-tank. During the Cold War, Aura collaborated with the nation's largest defense contractors as well as with the military itself on a host of both classified and non-classified "Star Wars" skunkworks programs. Today, Aura's AuraGen® mobile power technology is deployed in more than 20 countries worldwide. With customers ranging from Fortune 500 companies to the world's leading militaries, the AuraGen® family of power technology products represent a proven environmentally-conscience and economical solution for a wide range of applications.
For more information on Aura Systems, Inc. visit www.aurasystems.com
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Aura Systems Inc. published this content on 17 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2022 15:07:04 UTC.
Aura Systems, Inc. (Aura) designs, assembles, tests, and sells its Axial Flux Induction Motor solution and mobile power known as the AuraGen for commercial and industrial applications and the VIPER for military applications. Its business model consists of components such as sales and marketing, design and engineering. Aura's sales and marketing approaches are composed of direct sales in North America and the use of agents and distributors in other areas. In North America, its primary focus is on mobile exportable power applications, electric vehicles applications, United States Military applications and industrial/commercial motor as well as mobile power applications. Its business model is focused on the design of new products and engineering support for sales activities. The engineering support consists of the introduction of new optimized power levels for electric motors and new features for its AuraGen/VIPER solution, such as torque solutions and different input and output voltages.