Drone Aviation Appoints David V. Aguilar as Chairman of the
Drone Aviation Appoints David V. Aguilar as Chairman of the Board, Dan Erdberg as Chief Executive Officer
Drone Aviation Holding Corp. (OTCQB: DRNE) (“Drone Aviation” or the “Company”), a manufacturer of specialized tethered aerial monitoring and communications platforms serving national defense and homeland security customers, announced today that following the passing of its Chairman and CEO, Jay Nussbaum, on August 31, 2019, it has implemented a management succession strategy, appointing current board member, David V. Aguilar, as Chairman and appointing its current President, Dan Erdberg, to the position of Chief Executive Officer and director.
Mr. Aguilar, who formerly served as the Acting Commissioner of U.S. Customs and Border Protection until his retirement in 2013, was named to Drone Aviation’s Board of Directors in January 2017. As Chairman, Mr. Aguilar will continue to contribute his valuable insights and expertise in his new role.
Mr. Erdberg has served as President of the Company since October 2015 and served as its Chief Operating Officer from June 2014 until October 2015. As President, Mr. Erdberg has been primarily responsible for corporate development, strategic partnerships and capital markets strategies.
Mr. Aguilar said, “When Jay asked me to join Drone Aviation, I was eager to support his vision because I recognized the...