Board of Directors
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Michael Targoff
Chairman -
Michael Targoff became a director of CPI in January 2004 and Chairman of the board of directors of CPI in March 2004. Mr. Targoff currently serves as Chief Executive Officer, Vice Chairman and director of Loral Space & Communications Ltd. Mr. Targoff is the founder and Chief Executive Officer of Michael B. Targoff & Co., a company that sought active or controlling investments in telecommunications and related industry early stage companies. From 1996 to 1998, Mr. Targoff was the President and Chief Operating Officer of Loral Space & Communications Ltd. Prior to that, Mr. Targoff served as Senior Vice President and Secretary of Loral Corporation. Mr. Targoff also serves on the board of directors of ViaSat, Inc. and Leap Wireless International, Inc. Mr. Targoff received a B.A. degree from Brown University and a J.D. from Columbia University School of Law.
Member of the Audit Committee
Member of the Compensation Committee
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O. Joe Caldarelli
Director
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O. Joe Caldarelli became Chief Executive Officer and a director of CPI in March 2002. Prior to this, Mr. Caldarelli was a Co-Chief Operating Officer since October 2000 and Vice President since August 1995. Mr. Caldarelli is also the Division President of the Communications & Medical Products Division. Mr. Caldarelli was Vice President and General Manager for the Communications and Medical Products Division under the Electron Device Business of Varian Associates, Inc., from 1985 until August 1995 and was President and a director of Varian Canada, Inc. from 1992 until August 1995. From 1982 until 1985, Mr. Caldarelli was Marketing Manager of the Communications and Medical Products Division of Varian Associates, Inc. and served as its Equipment Operations Manager from 1979 until 1982. Prior to joining Varian Associates, Inc., Mr. Caldarelli served as Manufacturing Engineering Manager for Medtronic Canada, Inc. Mr. Caldarelli holds a B.S. degree in mechanical engineering from the University of Toronto.
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Michael F. Finley
Director
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Michael F. Finley became a director of CPI in January 2004. Mr. Finley currently serves on the board of directors of Affinia Group Inc. and Cooper Standard Automotive Inc. Mr. Finley has been a Partner at Court Square Capital Partners since March 2008. From 1998 to March 2008, he was a Managing Director of The Cypress Group, having been a member of The Cypress Group since its formation in April 1994. Prior to joining The Cypress Group, he was a Vice President in the Merchant Banking Group at Lehman Brothers Inc. Mr. Finley received a B.A. degree from St. Thomas University and an M.B.A. from the University of Chicago's Graduate School of Business.
Chair of the Nominating and Governance Committee
Chair of the Compensation Committee
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Jeffrey P. Hughes
Director
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Jeffrey P. Hughes became a director of CPI in April 2005. Mr. Hughes currently serves on the Board of Directors of Financial Guaranty Insurance Company. Mr. Hughes is a Vice Chairman of The Cypress Group. Mr. Hughes helped found The Cypress Group in 1994, after 26 years at Lehman Brothers as a senior investment banker and merchant banker. Mr. Hughes started Lehman Brothers' private financing department and led early leveraged buyout financings; had senior investment banking coverage responsibilities for industrial, energy and consumer product companies; was co-head of the financial institutions group; and was a member of Lehman Brothers' investment committee. Mr. Hughes joined Lehman Brothers in 1968 and became a partner in 1976. Mr. Hughes received a B.A. degree from Wesleyan University and an L.L.B. degree from Duke University Law School.
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Stephen R. Larson
Director
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Stephen R. Larson became a director of CPI in February 2007. Mr. Larson currently is and has been since January 2000 the corporate vice president-strategy and technology of Esterline Technologies Corporation. From April 1992 to January 2000, Mr. Larson served as the corporate group vice president of Esterline Technologies Corporation. Mr. Larson served as President of Korry Electronics Corporation, a subsidiary of Esterline Technologies Corporation, from 1987 to 1992. From 1985 to 1987, he was executive vice president-marketing and sales, and from 1981 to 1985 served as executive vice president-operations, of Korry Electronics Corporation. Mr. Larson served as director operations analysis of Criton Corporation (formerly known as Heath Tecna Corp.) from 1978 to 1981. Mr. Larson held various positions at Zenith Electronics Corporation from 1964 to 1978, including R&D group leader and marketing manger. Mr. Larson holds a B.S. in electrical engineering from Northwestern University and an M.B.A. from the University of Chicago.
Member of the Audit Committee
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William P. Rutledge
Director
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William P. Rutledge became a director of CPI in April 2006. Mr. Rutledge was previously Chairman of CPI from 1999 to 2004. Prior to 1998, he was President and Chief Executive Officer of Allegheny Teledyne. He is also a director of AECOM, Inc., First Federal Bank of California and Sempra Energy, Inc. He is a Trustee of Lafayette College and St. John's Hospital and Health Center Foundation.
Chair of the Audit Committee
Member of the Nominating and Governance Committee