IS&S Enhances Board Expertise with Denise Devine Appointment for Strategic Growth and Innovation

Innovative Solutions and Support Expands Board Expertise with New Appointment

Innovative Solutions and Support, Inc. (IS&S), a leader in advanced avionic solutions, strengthens its Board of Directors with the appointment of Denise L. Devine, CPA, MBA, MST, as an independent director. This strategic addition not only enhances the Board’s expertise but also reflects IS&S's commitment to aligning its leadership with its innovative goals in the aviation industry. Devine brings a wealth of experience from her role as founder and CEO of FNB Holdings LLC, along with over a decade of experience as CEO of Nutripharm, Inc., a company recognized for its health-related product patents. Her diverse background encompasses significant financial roles, including Chief Financial Officer for Energy Solutions International, which positions her as a valuable asset to IS&S.

The expansion of IS&S's Board to six directors with Devine's addition underscores the company's proactive approach to governance and strategic execution. Glen Bressner, Chairman of the IS&S Board, emphasizes the importance of incorporating relevant skills and experiences that align with the company's strategic objectives. Devine's extensive credentials, including her honors such as the “Best 50 Business Women in Pennsylvania” award, highlight her capability to contribute meaningfully to IS&S's ongoing mission of innovation in aviation technology. Her presence on the Audit Committee further strengthens the company’s oversight and financial stewardship, essential in navigating the complexities of the aerospace sector.

IS&S's CEO, Dr. Shahram Askarpour, expresses enthusiasm about Devine joining the team, viewing her appointment as integral to the company’s strategic execution. With the aviation industry continually evolving, IS&S is poised to leverage Devine's expertise to enhance its decision-making processes and drive growth. The incorporation of a leader with a strong financial background and a keen entrepreneurial spirit aligns with IS&S's goals of fostering innovation and maintaining a competitive edge in the market.

In addition to her role at IS&S, Denise Devine also serves on the Board of Fulton Financial Corporation, showcasing her broad influence in the financial sector. Her academic credentials are equally impressive, holding an MBA from the Wharton School and a Master’s in Taxation from Villanova Law School. This multifaceted experience positions her well to navigate the challenges and opportunities within the aerospace industry, reinforcing IS&S's dedication to delivering advanced avionic solutions. The inclusion of Devine signifies IS&S's resolve to enhance its leadership capabilities as it continues to innovate and grow in a dynamic market.