AeroVironment, a Simi Valley-based drone and robotics company, announced May 11 that its chairman of the board, Tim Conver, plans to retire later this year. He will be replaced as chairman by Wahid Nawabi, AeroVironment’s president and CEO.
Conver has been a member of the board since 1988 and chairman since 2007. He was CEO of AeroVironment from 1992 until 2016, leading the company through its initial public offering in 2007 and decades of growth.
Nawabi replaced Conver as CEO in 2016 and also joined the board of directors at that time.