Fulton Financial's IS&S Appoints Denise L. Devine to Strengthen Board Governance

IS&S Strengthens Board with Appointment of Denise L. Devine

Innovative Solutions & Support, Inc. (IS&S), a leading player in the avionic solutions sector, enhances its governance with the appointment of Denise L. Devine as an independent director. Devine, a seasoned professional with a robust background in finance and entrepreneurship, joins the Board effective immediately and will also serve on the Audit Committee. Her election at the upcoming annual meeting of shareholders will expand the Board to six directors, a strategic move aimed at reinforcing the company’s leadership as it navigates the complexities of the aerospace industry.

Devine brings a wealth of experience to IS&S, having founded FNB Holdings LLC, which focuses on health and wellness, and previously leading Nutripharm, Inc. as CEO for over a decade. Her extensive background in finance, including pivotal roles such as Chief Financial Officer for Energy Solutions International and management positions at Campbell Soup Company, equips her with a unique perspective that can contribute to IS&S’s strategic initiatives. Chairman Glen Bressner lauds her as an accomplished entrepreneur and finance professional, underscoring the necessity of diverse skills on the Board to support the company's evolving strategy.

The addition of Devine comes at a crucial time for IS&S, as the company seeks to implement its strategic plans amidst a competitive landscape in the avionic sector. With her impressive credentials, including an MBA from the Wharton School and accolades like the “Best 50 Business Women in Pennsylvania” Governor’s Award, Devine’s expertise is expected to play a significant role in enhancing IS&S's governance and financial oversight. CEO Dr. Shahram Askarpour expresses enthusiasm about her joining the team, indicating that her leadership will be instrumental in furthering the company's goals.

In related news, IS&S continues to focus on engineering and manufacturing advanced avionic solutions, a critical area in the aerospace industry where technological innovation is paramount. As the company expands its leadership team, it aims to leverage the diverse experiences of its Board members to drive strategic initiatives and support its long-term vision.

The appointment of Denise L. Devine highlights IS&S’s commitment to fortifying its governance structure with qualified professionals. With her blend of entrepreneurial spirit and financial acumen, Devine's role is poised to contribute significantly to the company’s efforts in enhancing operational effectiveness and navigating industry challenges.