---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-003473"
form_type: "8-K"
ticker: "CVU"
cik: "0000889348"
company_name: "CPI AEROSTRUCTURES INC"
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:34:49.791294+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CPI Aerostructures appoints Dorith Hakim as CEO, President and director; former Parker Hannifin executive

## Summary
- Dorith Hakim, 57, appointed CEO, President and director effective March 9, 2022, replacing Douglas McCrosson.
- Hakim most recently served as Group VP at Parker Hannifin Aerospace, accountable for $1.9B in spending.
- Annual base salary of $350,000; eligible for annual cash bonus up to 60% and long-term equity up to 75% of salary.
- Receives one-time restricted stock award of $50,000 vesting in equal installments in 2023 and 2024.
- Severance agreement provides 18 months salary if terminated without cause; non-compete for 18 months.

## SEC filing metadata
- accession: 0001387131-22-003473
- form_type: 8-K
- ticker: CVU
- cik: 0000889348
- company_name: CPI AEROSTRUCTURES INC
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889348/000138713122003473/0001387131-22-003473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889348/000138713122003473/cvu-8k_030822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-003473
- JSON: https://secwatch.observer/filing/0001387131-22-003473.json
- Plain text: https://secwatch.observer/filing/0001387131-22-003473.txt

## Key facts
- Executive change
  Dorith Hakim was appointed as Chief Executive Officer and President and director at CPI AEROSTRUCTURES INC.
  - Action: appointed
  - Role: Chief Executive Officer and President and director
  source text: Effective March 9, 2022, Dorith Hakim, 57, was appointed by the board of directors of the Company to the positions of Chief Executive Officer and President and as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/889348/000138713122003473/0001387131-22-003473-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.