Board of Directors continue their transformation of CAVU Resources by appointing Bob Silver as Executive Chairman, Russ Sinacori as COO, and Kevin Vincent Cox as Chief Executive Officer

CHARLOTTE, N.C., April 16, 2021 (GLOBE NEWSWIRE) -- CAVU Resources Board of Directors announces another major milestone in its transformation of CAVU into a substantial platform holding company. Bob Silver will be taking on the role of Executive Chairman, Russ Sinacori will remain as President of Sinacori Builders but will also step into the role of Chief Operating Officer to replace Robert Demes who is no longer with the company, and Kevin Vincent Cox was elected by the Board to become Chief Executive Officer.

“Kevin’s track record of success is impressive. We had shared our vision with him in the past, so when he approached us after leaving his previous role, we were thrilled someone with his credentials was interested in working with us to execute on our vision. Even more impressive to us was he backed his credentials up with a willingness to leverage personal assets to help capitalize the company further. He even agreed to accept an options package at a premium of $.07 per share.

His record of success, belief in our vision, and willingness to contribute to the business beyond just time and expertise, made my job and that of my fellow board members easy. We knew he was the ideal person to drive our transformational strategy to build, acquire, invest, and advance companies and products that help people in their own personal pursuit of happiness, and we know he will hit the ground running.” – Bob Silver, Executive Chairman

Kevin Vincent Cox studied performance maximization at Harvard, is a licensed attorney, earned a JD from the University of Tulsa, an MBA in finance from Oral Roberts University, and a BS in management from Oral Roberts University.     

Kevin transformed Connect Ship, a wholly owned technology subsidiary of UPS, from a small relatively unknown company into an industry titan growing enabled revenue from $300M to $6 Billion during his tenure.

Kevin created the vision behind Logistyx Technologies’ formation, raised the capital to execute the roll-up, and co-founded Logistyx with Kidd & Company and McClarty Capital. As part of the formation of Logistyx, he led the acquisition of more than 14 different entities across the United States, Europe, and Asia. Logistyx has become the dominant player in the transportation execution technology space.

Recently, Kevin joined a small financial services firm driving their strategy to become a large regional organization. He led 4 acquisitions, transformed the company into Adaptation Financial Advisors which became an independent SEC Registered Investment Advisor adding $140M in Assets Under Management.